Oddbean new post about login | logout Bitfarms postpones shareholder meeting in response to Riot request. Bitfarms has rescheduled its special shareholder meeting as part of the company’s response to the latest developments from Riot Platforms. The rescheduling will offer Bitfarms’ Special Committee time to review and respond to a recent request from Bitcoin miner Riot. https://yakihonne.s3.ap-east-1.amazonaws.com/6789a15735d4ac7cb13396ac59a0bdc813680111b9df4a7ff2497a364c869fb9/files/1718483629066-YAKIHONNES3.webp
which seeks to initiate changes to Bitfarms' board of directors. Riot currently holds just under a 15% stake in Bitfarms and has been pushing for the replacement of key board members with candidates aligned with its interests . The ongoing dispute has escalated, with Bitfarms asserting that its board's actions are in the best interests of all shareholders, while accusing Riot of prioritizing its own agenda
