SCOOP w/@MattMonks123 : Riot Platforms has taken a 9.25% stake in Bitfarms and plans to go public with a takeover offer for the smaller Bitcoin miner, sources say. Imo, probably one of the most important deals in the space, www.bloomberg.com/ne… via @technology

#Riot plans hostile takeover of #Bitfarms; Proposes $2.30 Per Share. If passed, would create the world's largest bitcoin miner. RIOT already owns 9% of Bitfarms Come on BITF, go ahead and demand $4.80 $RIOT $BITF

Riot Platforms buys 9.25% stake in Bitfarms following rejected takeover offer www.theblock.co/post…

Bitfarms now trading at $2.24, just 2% off the Riot offer price. The way these deals tend to play out is that the stock will begin trading over the now rejected $2.30 offer price as the market senses other outside bids coming in. Watch this dynamic closely. It will tell the story

Shares of @Bitfarms_io (BITF) have jumped following a proposal from @RiotPlatforms to acquire all outstanding shares of Bitfarms. The proposal, which has a total equity value of $950 million, comes a few weeks after Geoffrey Morphy, the former CEO of Bitfarms, filed a lawsuit…

Bitfarms Shares Jump Following Riot’s $950 Million Proposal To Acquire Bitfarms The proposal comes a few weeks after former CEO of Bitfarms, Geoffrey Morphy, filed a lawsuit against Bitfarms for wrongful dismissal and aggravated damages. by @httpsageyd shorturl.at/o13Rq

Bitfarms’ board rejected Riot Platforms’ bid to buy the bitcoin miner last month. They are trying again. blockworks.co/news/r…

Riot Platforms has taken a 9.25% stake in Bitfarms and plans to go public with a takeover offer for the smaller Bitcoin miner, sources say trib.al/4YOPPuR

NEW: #Bitcoin miner $RIOT has made an offer to acquire competitor Bitfarms $BITF at $2.30 per share

🚨 JUST IN: Riot Platforms $RIOT has reportedly taken a 9.25% stake in Bitfarms $BITF, per Bloomberg. $RIOT has reportedly offered $2.30 per share in cash and stock for Bitfarms

$BITF $RIOT RIOT SAID TO PURSUE TAKEOVER OF RIVAL BITCOIN MINER BITFARMS

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