Bitfarms adopts ‘poison pill’ shareholder rights plan amid hostile takeover attempts

Assad Jafri

Bitcoin miner Bitfarms announced that its Board of Directors has unanimously approved a shareholder rights plan — effective immediately — to preserve the integrity of its strategic alternatives review process. The plan, also known as a “poison pill,” is designed to prevent any party from gaining control of Bitfarms without providing fair value to all […]

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Bitfarms adopts ‘poison pill’ shareholder rights plan amid hostile takeover attempts