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Bitcoin miner Bitfarms chair Bonta to step down
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Bitcoin miner Bitfarms chair Bonta to step down
Aug 13, 2024 5:00 AM

(Reuters) - Bitcoin miner Bitfarms ( BITF ) said on Tuesday its co-founder and chair, Nicolas Bonta, will step down from the board, effective immediately.

Bonta was at the center of a board battle that Bitfarms' ( BITF ) U.S.-based rival Riot Platforms had waged against the company in April.

Brian Howlett, the lead director of Bitfarms's ( BITF ) board, will replace the outgoing chair.

Bitfarms ( BITF ) also named Liam Wilson as its chief operating officer, and said its new CEO Ben Gagnon will join the board.

(Reporting by Niket Nishant in Bengaluru; Editing by Shinjini Ganguli)

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