Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot" or "the Company"), an industry leader in vertically integrated Bitcoin ("BTC") mining, announces unaudited production and operations updates for June 2024.
(Bloomberg) -- Riot Platforms Inc. has called for a special meeting of shareholders at Bitfarms Ltd. to vote on three new board nominees as it seeks to take over the rival Bitcoin miner. Most Read from BloombergHow Long Can High Rates Last? Bond Markets Say Maybe ForeverJain Global Raises $5.3 Billion, Secures Cash From Abu DhabiBuzzFeed Struggles to Sell Owner of Hit YouTube Show ‘Hot Ones’Nvidia Sales Grow So Fast That Wall Street Can’t Keep UpTech Hits Stocks as Nvidia Extends Selloff to 13%:
CASTLE ROCK, Colo., June 24, 2024--Riot Platforms, Inc. (NASDAQ: RIOT) ("Riot") today announced that it has requisitioned a special meeting of Bitfarms Ltd. (NASDAQ: BITF) ("Bitfarms" or the "Company") shareholders (the "Special Meeting") to reconstitute the Bitfarms Board of Directors (the "Bitfarms Board"). Riot currently owns approximately 14.9% of Bitfarms, making it Bitfarms’ largest shareholder.