Bitfarms Adopts Defensive Measures Against Riot Platforms’ Takeover

Bitfarms Ltd. has adopted a shareholder rights program to support the integrity of its ongoing Strategic Alternatives Review Process. This program was unanimously approved by the Board and involves issuing rights to shareholders to forestall unwanted takeovers. Riot Platforms Inc., which owns 11.62% of Bitfarms, made an unsolicited bid to get each shares and plans […]