Riot Blockchain News

The Ontario Capital Markets Tribunal has terminated Bitfarms’ first “poison pill” adopted to fend off a potential takeover attempt by rival Riot Platforms. A division of the Ontario Securities Commission, the Ontario Capital Markets Tribunal, ceased the shareholder rights plan…

Analysts from H.C. Wainwright claim that Riot’s acquisition of Block Mining is a great move for the company and its hash rate.

Colorado-based Bitcoin mining company Riot Platforms has acquired its Kentucky-based competitor Block Mining to increase its operational capacity by 16 EH/s. Bitcoin (BTC) miner Riot Platforms has acquired Block Mining, a Kentucky-based crypto mining firm, for $92.5 million to expand…

Bitcoin mining stocks continued their recovery as Bitcoin continued rising during the weekend.

Bitcoin price remained below $65,000 on Friday as Donald Trump avoided mentioning the coin and crypto in his speech at the Republican National Congress (RNC) event. Bitcoin (BTC) was trading at $64,200 Friday morning, roughly where it traded at 24 hours…

Bitcoin mining company Bitfarms has announced the date for a special shareholder meeting following Riot Platforms’ attempt to acquire its rival. Bitfarms, one of the largest Canadian crypto mining companies, has announced a special shareholder meeting for October 29, in…

Bitcoin mining stocks bounced back in Wednesday’s pre-market session, helped by the recent BTC rebound.  Riot Platforms shares rose by over 1%, while Marathon Digital, the biggest miner in the industry, rose by 1.65%. Other companies like CleanSpark (CLSK), Iris…

Bitcoin mining giant Bitfarms has appointed Ben Gagnon, who previously was chief mining officer, as the company’s new chief executive. Bitcoin (BTC) mining company Bitfarms announced in a Monday press release that it has appointed Ben Gagnon as its new…

Bitcoin (BTC) mining stocks like Riot Platforms (RIOT), Marathon Digital (MARA), and CleanSpark (CLSK) retreated in the pre-market session as BTC pulled back.  RIOT, MARA, and CLSK fell more than 2% while other crypto-related stocks like MicroStrategy (MSTR) and Coinbase…

Riot has called for a special meeting of Bitfarms shareholders to reconstitute its board, citing urgent governance issues, after withdrawing its previous acquisition proposal. Riot Platforms, a public U.S.-based Bitcoin mining company, has taken a new step in its ongoing…

After rejecting Riot’s takeover bid, Bitfarms announced a project to significantly increase its power capacity and Bitcoin mining capabilities by 2025. Bitfarms entered into an agreement to construct a power plant with a capacity of up to 120 MW and…

Riot Platforms says the company “will continue to push” to address the “serious corporate governance issues” at Bitfarms despite the recently adopted “poison pill.” The Rights Plan (commonly referred to as a “poison pill”), which was adopted by Canadian Bitcoin…

Bitfarms has adopted a shareholder rights plan to protect its strategic review process from Riot Platforms’ takeover attempts. Bitfarms, a Toronto-headquartered Bitcoin mining company, announced in a Jun. 10 press release that its board of directors unanimously approved the adoption…

Colorado-headquartered crypto mining company Riot Platforms has acquired ownership of a 12% stake in rival Bitfarms despite shorting pressure from Kerrisdale Capital. Bitcoin mining company Riot Platforms said in a press release on Jun. 5 it acquired 1,460,278 common shares…

Bitcoin mining giant Riot Platforms is on track to acquire its rival Bitfarms for $950 million, accusing Bitfarms founders of not acting in the best interests of all shareholders. In an attempt to become the “largest publicly listed Bitcoin miner”…

Riot’s shares surged by more than 20% fueled by optimistic evaluations from analysts who foresee substantial growth in the company’s financial performance. Anticipation surrounding Riot‘s financial performance, particularly in the wake of recent analyst predictions, has fueled significant investor interest.…