Riot Blockchain

Months after Riot’s so-called hostile takeover bid of Bitfarms, the two bitcoin miners forge an agreement

Riot Platforms is attempting to acquire Bitfarms at a discounted price, the company alleged in a Wednesday statement

Bitfarms should not enter into any transaction before its October shareholder meeting, Riot says in an open letter

The Canadian company hopes to reach 950 megawatts of power capacity by the end of 2025 via its deal with New York-based Stronghold Digital Mining

Riot Platforms, which owns 16.9% of Bitfarms’ stock, previously called for a vote to replace Nicolas Bonta with another board director

Riot Platforms called for the meeting after seeking to acquire Bitfarms via a deal the company ultimately rejected

The promotion of Ben Gagnon comes after Riot called a shareholder meeting to try to remove members of Bitfarms’ board

Colorado-based miner is still “completely committed to pursuing a transaction” with its Canadian competitor after deal rejection

Bitfarms’ latest shareholder rights plan does not preclude Riot from making unsolicited takeover bids, company says

Bitfarms’ new shareholder rights plan to “preserve the integrity” of the strategic review process that Riot seeks to “undermine,” company claims

Also, a look at whether or not the new crypto bills will make it to the President’s desk

The miner appears well positioned to defend itself against Riot’s current proposal, Architect Partners executive says — and Bitfarms says others are interested

The company is making public a previously private offer rejected by Bitfarms’ board of directors last month

Riot Platforms bought 31,500 more mining machines while CleanSpark has begun operating in Mississippi

TBC President Lee Bratcher told Blockworks he’s “confident” about the Council’s case against the DOE

Texas Blockchain Council and Riot Platforms claims miners will be “irreparably harmed” by divulging data requested by the government agency

The company gains the option to buy 265,000 more miners to grow hash rate above 100 EH/s over the long term

The top performers with respect to realized hash rate gains in Q3 were Bitdeer, CleanSpark and Marathon Digital

Riot Platforms continues to take advantage of a brutal Texas summer that often features temperatures of over 100 degrees Fahrenheit

Riot mined 410 bitcoin in July

Marathon Digital, Riot Platforms, CleanSpark and Bitfarms have all released their monthly mining reports for July

Crypto stocks including Coinbase and Riot are posting robust gains, propelled by a strong showing for bitcoin over the year to date

When a gargantuan asset manager is holding Bitcoin-related stocks, the temptation in crypto is to get over-excited

As Marathon Digital has aggressively grown, the deployed hash rates of Iris Energy and Cipher Mining have also more than doubled in the last six months