Riot Sells $1.58M of Bitfarms Shares as Part of Investment Review

Bitcoin BTC miner Riot Platforms (RIOT) said it sold 1.75 million shares of rival Bitfarms (BITF) for about $1.58 million as part of a continuing review of its investment in the company following an unsuccessful takeover bid that saw its stake in the company rise to almost 15%.The shares, sold on June 9 over the Nasdaq and other open markets, fetched a weighted average price of about $0 source: https://www.coindesk.com/business/2025/06/10/riot-sells-usd1-58m-of-bitfarms-shares-as-part-of-investment-review