Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Bitfarms and Riot Platforms settle takeover dispute, with Amy Freedman joining Bitfarms board and Riot retaining 19.9% stake.

flag Bitfarms Ltd. has settled a takeover dispute with Riot Platforms, appointing Amy Freedman to its board, replacing Andrés Finkielsztain. flag This agreement follows Riot's rejected $950 million acquisition offer, which Bitfarms deemed undervalued. flag Riot retains a 19.9% stake and will not seek over 20% ownership without board consent. flag The settlement allows both companies to advance without perceived losses and includes provisions for future share purchases by Riot.

10 Articles