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Riot increases Bitfarms ownership stake following board member removal

Riot Platforms has announced an increase in its ownership stake in Bitfarms Ltd. to 18.9%, intensifying its influence over the Canadian Bitcoin mining firm. This development follows Riot’s acquisition of an additional 1 million common shares of Bitfarms. Riot confirmed, “The Purchased Shares were acquired through normal course purchases on the Nasdaq Stock Market and […]

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