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 Riot Platforms buys 9.25% stake in Bitfarms following rejected takeover offer.

Bitcoin mining firm Bitfarms rejected Riot Platforms’ $950 million acquisition proposal to buy out all of the company’s outstanding stock.

However, Riot Platforms noted that it has successfully purchased a 9.25% stake in the firm, making it one of the largest shareholders.
https://www.tbstat.com/wp/uploads/2021/10/211019_Crypto_Bitcoin_Mining_General2-1200x675.jpg?isSafari=false&isMobile=false
 
 Riot Platforms, a bitcoin mining company, recently made a bid to acquire Bitfarms, another bitcoin mining firm. However, Bitfarms rejected the acquisition proposal from Riot Platforms, which was valued at $950 million . Despite the rejection, Riot Platforms successfully purchased a 9.25% stake in Bitfarms, making it one of the largest shareholders in the company