Riot Platforms Doubles Down on Bitfarms (BITF) Stock With 14% Stake
BITFBitfarms .(BITF) Investor Place·2024-06-14 21:34

Bitcoin (BTC-USD) miner Riot Platforms (NASDAQ:RIOT) is continuing its effort against rival Bitfarms (NASDAQ:BITF), buying more stock and seeking a shareholder meeting to nominate its own directors. Bitfarms, based in Toronto, has rejected Riot’s 950milliontakeoverbidandisexpandingitsU.S.operationsintoPennsylvania.Meanwhile,speculatorspushedBITFstockpriceto950 million takeover bid and is expanding its U.S. operations into Pennsylvania. Meanwhile, speculators pushed BITF stock price to 3.03 per share overnight, the market capitalization rising to 1.25billion.RIOTstockwasduetoopenat1.25 billion. RIOT stock was due to open at 11.05, a market cap of $ ...