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Bitcoin Mining Giant Riot Platforms Ramps Up Rival Bitfarms Takeover Effort By Increasing Stake To 14%
Friday, June 14, 2024 - 2:00am | 638Bitcoin (CRYPTO: BTC) mining giant Riot Platforms Inc. (NASDAQ:RIOT) has upped its stake in rival Bitfarms Ltd. (NASDAQ:BITF) to 14% by purchasing an additional $3.87 million worth of shares as part of its ongoing hostile takeover bid. What Happened: Riot Platforms procured another 1,432,063...
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Riot Platforms Stirs Up Bitcoin Mining Market, Increases Stake in Rival Bitfarms to 12%
Wednesday, June 5, 2024 - 10:05pm | 475In a recent development, Bitcoin (CRYPTO: BTC) mining company Riot Platforms Inc. (NASDAQ:RIOT) has increased its stake in competitor Bitfarms Ltd. (NASDAQ:BITF) to 12%. What Happened: Riot Platforms acquired roughly 1.5 million shares of Bitfarms at an approximate price of $2.45 per share, as per...
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Argo Blockchain Warns Of Urgent Need For Financing To Avoid Collapse — Shares Tumble Over 50%
Tuesday, November 1, 2022 - 10:43am | 590Cryptocurrency miner Argo Blockchain PLC - ADR (NASDAQ: ARBK) on Monday warned its shareholders of an imminent collapse if it failed to garner further financing, leading to its stock price nose-diving by over 50% amid a slump in the digital assets market. In a letter to its shareholders...