BRIEF-Riot Proposes To Acquire Bitfarms For Us$2.30 Per Share To Create The World'S Largest Publicly Listed Bitcoin Miner-February 2024-www.financetom.com

BRIEF-Riot Proposes To Acquire Bitfarms For Us$2.30 Per Share To Create The World'S Largest Publicly Listed Bitcoin Miner

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

BRIEF-Riot Proposes To Acquire Bitfarms For Us$2.30 Per Share To Create The World'S Largest Publicly Listed Bitcoin Miner

May 28, 2024 5:56 AM

May 28 (Reuters) - Bitfarms Ltd ( BITF ):

* RIOT PROPOSES TO ACQUIRE BITFARMS FOR US$2.30 PER SHARE TO

CREATE THE WORLD'S LARGEST PUBLICLY LISTED BITCOIN MINER

* RIOT PLATFORMS ( RIOT ): PROPOSAL REPRESENTS APPROXIMATELY US$950

MILLION

IN TOTAL EQUITY VALUE

* RIOT PLATFORMS INC ( RIOT ) - RIOT PROPOSES TO ACQUIRE BITFARMS FOR

US$2.30 PER SHARE

* RIOT PLATFORMS INC ( RIOT ) - PROPOSAL WAS ORIGINALLY DELIVERED

PRIVATELY

TO BITFARMS BOARD ON APRIL 22, 2024

Source text for Eikon:

Further company coverage:

Previous page： Emergent BioSolutions to Invest in Swiss Rockets, Rocketvax Next page： Amazon, Google, Meta Among Signatories of Pledge to Triple Global Nuclear Energy Capacity by 2050

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Emergent BioSolutions to Invest in Swiss Rockets, Rocketvax

Mar 12, 2025

08:37 AM EDT, 03/12/2025 (MT Newswires) -- Emergent BioSolutions ( EBS ) said Wednesday that it has agreed to make a strategic investment in Rocketvax's parent company, Swiss Rockets. Financial details of the investment were not disclosed. Emergent said it will fund research, infrastructure development, and the expansion of Swiss Rockets' biotech portfolio. Emergent also said it will handle US...

Amazon, Google, Meta Among Signatories of Pledge to Triple Global Nuclear Energy Capacity by 2050

Mar 12, 2025

08:31 AM EDT, 03/12/2025 (MT Newswires) -- Amazon ( AMZN ) , Alphabet's (GOOG, GOOGL) Google ( GOOG ), Meta Platforms ( META ) , Occidental Petroleum ( OXY ) , and Dow (DOW) have signed a pledge to at least triple the world's nuclear energy capacity by 2050, the World Nuclear Association said Wednesday. The pledge, signed during the...

Market Chatter: Apple Not Required to Release Commercial Secrets in India Antitrust Case

Mar 12, 2025

08:37 AM EDT, 03/12/2025 (MT Newswires) -- Apple ( AAPL ) is not required to disclose commercial secrets in an Indian regulatory investigation related to an antitrust case, Reuters reported Wednesday, citing a confidential order. The Competition Commission of India found in 2024 that Apple ( AAPL ) exploited its dominant position in the apps market by forcing developers to...

Rocket Lab USA to Provide Solar Panels for 100 OneWeb LEO Satellites; Shares Up Pre-Bell

Mar 12, 2025

08:34 AM EDT, 03/12/2025 (MT Newswires) -- Rocket Lab USA ( RKLB ) shares were up premarket Wednesday after the company said it was selected by Airbus Constellation Satellites to supply high-efficiency, space-grade solar panels for 100 OneWeb low earth orbit satellites, which Eutelsat Group will use. The company said it will supply 200 solar panels, including carbon composite substrates,...