Riot Platforms has decided to abandon its bid to acquire rival Bitfarms. Instead, it seeks to overhaul Bitfarms‘ Board of Directors before considering further takeover attempts. On June 24, Riot formally requested a special meeting of Bitfarms shareholders to restructure the board by removing Bitfarm Chairman and Interim CEO Nicolas Bonta and director Andrés Finkielsztain. […]
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Riot Platforms calls for shareholder meeting to oust Bitfarms’ founder from board