Riot Blockchain News
Latest Riot Blockchain News
Riot Platforms reported a 23% increase in total Bitcoin mined in October. The Bitcoin (BTC) mining and digital infrastructure firm, whose operation is one of the largest in the industry, announced on Nov. 4 that it mined 505 BTC in…
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Bitcoin
Bitcoin mining company Riot stocks are predicted to make a comeback after experiencing a 28.96% decline in year-to-date. Its shares are on an upward trend in anticipation of the company’s Q3 2024 earnings report on Oct. 30. According to data…
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Bitcoin
Riot Platforms mined 412 Bitcoin in September, marking a 28% increase over the previous month. This rise in production was driven by higher operating capacity at their mining facilities, which include sites in Texas and Kentucky, according to a company…
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Bitcoin
H.C. Wainwright analysts believe Bitfarms’ stock is set for growth following a settlement with Riot Platforms that ends a six-month-long hostile takeover attempt. Earlier on Sept. 23, Bitfarms and Riot Platforms reached an agreement to end Riot’s bid to take…
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Bitcoin
Bitfarms has reached a settlement agreement with Riot Platforms ahead of the company’s special shareholder meeting in November. The Canada-based Bitcoin (BTC) mining firm revealed the settlement with its rival in an announcement on Sept. 23. Under the terms of…
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Bitcoin
Bitfarms has rescheduled its special shareholder meeting as part of the company’s response to the latest developments from Riot Platforms. The rescheduling will offer Bitfarms’ Special Committee time to review and respond to a recent request from Bitcoin (BTC) miner…
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Bitcoin
Bitfarms has questioned the qualifications of Riot Platforms’ proposed board nominees, accusing Riot of using governance reforms as a cover for a takeover attempt. Canadian Bitcoin (BTC) miner Bitfarms has pushed back against its rival Riot Platforms‘ proposed board changes,…
Riot Platforms urges Bitfarms shareholders to back further board changes, warning the company against moves to entrench its current board. Bitcoin (BTC) miner Riot Platforms urged Bitfarms‘ shareholders to support further changes to the company’s board at the upcoming Oct.…
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Bitcoin
Riot continues to push its acquisition efforts, having recently acquired $2.2 million in Bitfarms shares. Riot Platforms has announced the purchase of 1 million common shares of its rival Bitfarms, raising its stake in the Canadian Bitcoin mining firm to…
Bitcoin mining firm Bitfarms has announced leadership changes amid ongoing regulatory and takeover bid challenges. Canadian public Bitcoin mining firm Bitfarms disclosed updates to its board of directors and executive team as it navigates ongoing regulatory challenges and a recent…
Bitcoin miner Riot Platforms’ stock is a buy due to its significant organic growth opportunities, H.C. Wainwright analyst Mike Colonnese said in a note. The Riot Platforms stock is down 34% year-to-date amid a broader correction for Bitcoin (BTC) and…
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Bitcoin
Bitcoin mining firm Riot Platforms has released its Q2 financial results, showing a decline in mined crypto due to the recent halving. Colorado-based Bitcoin (BTC) mining firm Riot Platforms has unveiled its Q2 financial results, highlighting a significant reduction in…
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Bitcoin
Riot Platforms has increased its acquisition efforts of Bitfarms by buying over 10 million more shares this month. According to a filing with the US Securities and Exchange Commission on July 31, Riot, a Bitcoin (BTC) mining company, now owns…
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Bitcoin
Bitcoin mining stocks like Marathon Digital and Riot Platforms rose by over 4% on Monday as cryptocurrencies bounced back. Bitcoin price made a bullish breakout Marathon Digital (MARA) shares rose to $22.45 while RIOT jumped to $11.7. Other Bitcoin (BTC)…
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Bitcoin
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…
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Bitcoin
Analysts from H.C. Wainwright claim that Riot’s acquisition of Block Mining is a great move for the company and its hash rate.
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Bitcoin