Bitfarms, Riot Platforms Reach Settlement Over Takeover Conflict


After months of the takeover conflict, Bitfarms andย Riot Platforms Inc. (NASDAQ: RIOT)ย have finally reached anย agreementย that promises a new chapter for both of them. The saga began earlier this year when Riot Platforms made an unsolicited move to acquire Bitfarms.

According to reports, the Bitcoin mining company offered to purchase all its outstanding stock for $2.30 per share โ€” a 24% premium, which is a whopping $950 million. However, members of theโ€ฆ

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