Riot Platforms Bitcoin holdings cross 10K BTC, production drops

Riot Platforms reports a drop in Bitcoin production for August 2024 but stays bullish with expansion plans to increase its mining capacity and optimize energy costs.

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Riot Platforms Reports August 2024 Bitcoin (BTC) Production and Operational Highlights

Riot Platforms announced the production of 322 Bitcoin (BTC) in August 2024 and surpassed 10,000 Bitcoin held, detailing significant operational updates. (Read More)

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Bitfarms Addresses Riot's Misleading Claims Amid Acquisition Talks

Bitfarms responds to Riot's claims, emphasizing its commitment to shareholder value and strategic acquisitions. (Read More)

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Riot Platforms Urges Bitfarms Shareholders to Elect New Directors at Upcoming Meeting

Riot Platforms calls for Bitfarms shareholders to vote for new board members to improve governance ahead of a crucial special meeting. (Read More)

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Bitfarms responds to Riot Platforms proposed board changes

Riot Platforms called the recent board changes at Bitfarms a step in the right direction, but stressed that more change is needed.

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Riot Platforms targets remaining 2 Bitfarms board members replacement

Riot Platforms has intensified its efforts to acquire rival Bitcoin miner Bitfarms by issuing an open letter to the firm’s shareholders on Sept. 3. In the letter, Riot announced that it had lowered its request for board seats at Bitfarms to two independent directors following recent removals while also criticizing several of the company’s recent decisions. […]

The post Riot Platforms targets remaining 2 Bitfarms board members’ replacement appeared first on CryptoSlate.

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Riot Platforms urges Bitfarms board changes ahead of crucial October meeting

Riot Platforms urges further changes to Bitfarms board, proposing two independent directors ahead of a special meeting in October.

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Crypto Biz: Bitfarms gets new board after months of power struggles

Bitfarms and Riot Platforms settle months of corporate disputes with board review, while BlackRock moves for changes to Bitcoin ETF withdrawals. 

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Bitfarms and Riot Platforms Reach Settlement Agreement

Bitfarms Ltd. and Riot Platforms Inc. announce a settlement agreement ahead of the Special Meeting of Bitfarms Shareholders, with significant changes to the Board of Directors. (Read More)

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Riot Platforms Announces Settlement Agreement with Bitfarms, Board Changes Enacted

Riot Platforms and Bitfarms Ltd. reach a settlement agreement, resulting in board changes and withdrawal of a shareholder meeting requisition. (Read More)

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Bitfarms, Riot settle dispute with board changes

Bitfarms board will see Andrés Finkielsztain step down, while Amy Freedman and a sixth member will join the board.

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Riot Platforms Reports 370 Bitcoin Production in July 2024 and Kentucky Expansion

Riot Platforms announces a 45% increase in Bitcoin production and its expansion into Kentucky, enhancing its mining capacity. (Read More)

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Aprils Bitcoin Halving Drives Riot Platforms Widened Q2 Losses

Riot Platforms recently acquired another Block Mining.

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Riot Platforms Acquires 16.9% Stake in Bitfarms Ltd.

Riot Platforms, Inc. reports a significant stake increase to 16.9% in Bitfarms Ltd., aiming to influence the company's board composition. (Read More)

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Bitcoin miner profits drop as halving, power costs weigh JPMorgan

BTC miners are struggling to adapt to a post-halving environment. 

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Bitfarms to acquire Stronghold Digital Mining in $175M merger

Bitcoin miner Bitfarms said it has entered into a merger agreement to acquire Stronghold Digital Mining for $125 million in equity value, alongside $50 million in assumed debt. In a joint Aug. 21 statement, both companies revealed that their Boards of Directors unanimously approved the transaction. The dealsubject to regulatory approval and other conditionsis expected […]

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Riot Platforms Increases Stake in Bitfarms to 18.9%

Riot Platforms, Inc. has announced an increase in its ownership of Bitfarms Ltd., now holding 18.9% of the company's common shares. (Read More)

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Ex-Bitfarms interim CEO steps down amid board shakeup

Bitfarms announced a new member and leadership to its board as Riot Platforms still appeared poised to replace three members in October.

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Board changes at Bitfarms amid revenue drop and Riots hostile takeover efforts

Bitfarms co-founder and chairman Nicolas Bonta is stepping down from the board immediately amid the ongoing fight against Riot Platforms‘ hostile takeover bid, according to an Aug. 13 statement. Bonta is one of three board members Riot aims to replace in the upcoming October shareholder vote. Leadership change In response to Bonta’s departure, Brian Howlett, […]

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Riot Platforms Reports Q2 2024 Financials with $70M Revenue and 22 EH/s Hash Rate

Riot Platforms announced Q2 2024 results with $70M in revenue and a hash rate of 22 EH/s, despite the Bitcoin halving event. (Read More)

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