Riot Platform’s Takeover Bid for Bitfarms Ends with Settlement and Board Changes

On September 23, 2024, Riot Platforms issued an official statement detailing a settlement agreement with Bitfarms Ltd., effectively bringing an end to Riot’s unsolicited bid to acquire the company. As part of this agreement, Riot has withdrawn its requisition for a special meeting of Bitfarms’ shareholders, and several board-level changes were made to ensure a smoother strategic review... source: https://beincrypto.com/riot-platforms-bitfarms-settlement-deal/