Riot CEO: Bitfarms Ignored Shareholders’ Interests in Acquisition Rejection
Riot Platforms declared its intention to pay US$2.30 per share to buy Bitfarms.
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Riot Platform Reports $211M Q1 Net Income Amid Low BTC Production Woes
Key Takeaways Leading Bitcoin Mining Company, Riot Platforms, released its Q1 2024 results on May 1st, showcasing a financially mixed quarter. The company achieved a record net income of $211.8 million, marking a 1,000% increase year-over-year. The high net income…
