If Riot is passionate about corporate governance as it so purports, Riot should focus on its own Board. Indeed, the Riot Board's corporate governance received a higher risk rating in governance from Institutional Shareholder Services and a 0.4 out of 10 in board accountability from Glass Lewis & Co. Attacking Bitfarms' governance is not only hypocritical, but it is a thinly veiled ploy to achieve Riot's own self-serving agenda and attempt to acquire Bitfarms at a discounted price. Bitfarms currently has 12 ...

-Continues to Welcome Riot's Participation in Ongoing Strategic Alternatives Review Process- The Special Committee has welcomed Riot's interest in the Company and participation in the ongoing Strategic Alternatives Review Process, including by agreeing to the standstill term proposed by Riot. Riot declined to participate in the process and instead has continued to acquire common shares of the Company in the open market in an attempt to undermine the integrity of the process and harm the interests of the Com ...

Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the Toronto Stock Exchange, Nasdaq, or any other securities exchange or regulatory authority accepts responsibility for the adequacy or accuracy of this release. About Bitfarms Ltd. TORONTO, Ontario and BROSSARD, Québec, June 10, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF) ( ...

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023. About Bitfarms Ltd. A deferral of acceptance of the Rights Plan by the TSX does not affect the adoption or operation of the Rights Plan, which will remain operative and effective for a minimum of six months from the date of adoption on June 10, 2024, unless earlier terminated. Founded in 2017, Bitfarms is a glo ...

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario and BROSSARD, Québec, June 10, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF) ("Bitfarms" or the "Company"), a global Bitcoin vertically integrated company, today announced that its Board of Directors (the "Board") has unanimously approved the adoption of a shareholder rights plan (t ...

TORONTO, Ontario and BROSSARD, Québec, June 10, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF) ("Bitfarms" or the "Company"), a global Bitcoin vertically integrated company, today announced that its Board of Directors (the "Board") has unanimously approved the adoption of a shareholder rights plan (the "Rights Plan") pursuant to a shareholder rights plan agreement entered into with TSX Trust Company, as rights agent, dated June 10, 2024 (the "Effective Date"). The Rights Plan is being adopted to ...

Fleet Upgrade Review - Earned 156 BTC in May 2024 - - Secured additional hydropower in Paraguay with potential to add 6 EH/s in 2025 - - Increased installed hashrate to 9.5 EH/s with 7.5 EH/s operational - - Improved corporate energy efficiency to 27 w/TH, up 31% Y/Y & 13% M/M - - On track to deliver 21 EH/s and 21 w/TH in 2024 - This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated ...

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario and BROSSARD, Québec, May 31, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (TSX:BITF) ("Bitfarms" or the "Company"), a global Bitcoin vertically integrated company, today announces the results of its annual general and special meeting of shareholders (the "Meeting"), held virtually on May 31, 2024. A ...

Riot Platforms (NASDAQ:RIOT) recently said that it has a more than 9% stake in rival Bitcoin (BTC-USD) miner Bitfarms (NASDAQ:BITF) and wants to buy the firm. The miner has made a $950 million offer to buy Bitfarms after a private approach was rejected. RIOT stock is falling slightly on the news while BITF stock is on the rise. Shares of Riot Platforms opened today at $10.24 per share and a market capitalization of about $3 billion. Meanwhile, BITF opened at $2.23 per share and a market cap roughly $845 mil ...

Company Committed to Maximizing Value for All Shareholders; Strategic Alternatives Process Underway Reaffirms Confidence in Business and Guidance of 21 EH/s and 21 w/TH in 2024 This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario and BROSSARD, Québec, May 29, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF) ("Bitfarms" or the "Company"), ...