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Riot Plans Hostile Takeover of Bitfarms; Proposes $2.30 Per Share

Riot privately offered its proposal last month, with Bitfarms rejecting it.

Updated May 29, 2024, 4:51 p.m. Published May 28, 2024, 2:26 p.m.
A photo of four mining rigs
Mining rigs in Plattsburgh, NY. (Fran Velasquez/CoinDesk)