BITFARMS
Bitfarms Ltd., founded in 2017, is a leading global Bitcoin mining company publicly traded on NASDAQ and TSX under the symbol BITF. With a commitment to sustainability and local energy infrastructure, the company operates 11 active mining farms and has 2 more in development across Canada, the United States, Paraguay, and Argentina. Bitfarms' vertically integrated approach includes in-house management, electrical engineering, installation services, and technical repair centers. Utilizing predominantly environmentally friendly hydro-electric power and long-term contracts, the company's proprietary data analytics system ensures top-notch operational performance and uptime.
Bitfarms (BITF) Faces Shareholder Meeting Requisition from Riot Platforms
Bitfarms receives a requisition from Riot Platforms for a shareholder meeting to gain control of its Board of Directors, according to GlobeNewswire.
Riot Platforms Calls for Special Meeting to Overhaul Bitfarms Board
Riot Platforms, owning 14.9% of Bitfarms, has called for a special meeting to nominate three independent directors, aiming for significant changes in Bitfarms' governance.
Riot Platforms Acquires 14% Stake in Bitfarms Ltd.
Riot Platforms, Inc. acquires a 14% stake in Bitfarms Ltd., increasing its holdings and planning to influence corporate governance.
Bitfarms to Develop 120 MW Bitcoin Mining Facility in Pennsylvania, Projects Over 35 EH/s by 2025
Bitfarms plans 120 MW facility in Pennsylvania, targeting 35 EH/s by 2025.
Bitfarms Responds to Riot Platforms' Alleged Disruption of Strategic Review
Bitfarms addresses Riot Platforms' actions amid its strategic alternatives review.
Riot Platforms Criticizes Bitfarms' Adoption of Poison Pill
Riot Platforms criticizes Bitfarms for adopting a shareholder-unfriendly poison pill plan.
Bitfarms (BITF) Faces TSX Deferral on Shareholder Rights Plan Consideration
Bitfarms announced that the TSX has deferred its decision on the company's Shareholder Rights Plan.
Bitfarms Implements Shareholder Rights Plan Amid Riot Platforms' Hostile Takeover Attempt
Bitfarms adopts a shareholder rights plan to counter Riot Platforms' takeover attempt and ensure fair value for shareholders.
Riot Platforms Acquires 12% Stake in Bitfarms Ltd., Intends to Propose New Directors
Riot Platforms now holds a 12% stake in Bitfarms Ltd. and plans to nominate new directors to the board.
Bitfarms (BITF) Reports Significant Hashrate Increase and Operational Expansion
Bitfarms earned 156 BTC in May 2024, increased hashrate to 9.5 EH/s, and secured additional hydropower.