Riot Platforms posts $84.4 million loss in Q2 amid 52% decline in Bitcoin production
Bitcoin miner Riot Platforms reported a net loss of $84.4 million for the second quarter, compared to a net loss ...
Tag: Riot
Riot buys more Bitfarms shares, now holds nearly 16% stake
Bitcoin miner Riot Platforms has intensified its acquisition strategy against rival Bitfarms by purchasing approximately 10 million additional shares this ...
Marathon & Riot Boost Bitcoin Reserves as Small Miners Sell
After the recent Bitcoin (BTC) halving, the dynamics in BTC mining have changed significantly, affecting both small and big miners. ...
Bitfarms implements fresh poison pill strategy to fend off Riot Platforms takeover bid
Bitfarms has introduced a new shareholder rights plan — a so-called poison pill strategy — to thwart Riot Platforms’ takeover ...
Riot Platforms’ Acquisition of Block Mining Makes Sense, JPMorgan Says
Riot’s acquisition of rival bitcoin miner Block Mining makes sense, the report said. JPMorgan noted that Riot will have the ...
Bitcoin miner Riot Platforms acquires rival Block Mining for $92.5m
Colorado-based Bitcoin mining company Riot Platforms has acquired its Kentucky-based competitor Block Mining to increase its operational capacity by 16 ...
Bitfarms appoints new CEO as Riot intensifies takeover bid
Bitcoin miner Riot Platforms’ effort to take over rival Bitfarms has taken a new turn with recent developments in both ...
Bitcoin miners Marathon, Riot double hash rate YoY
Bitcoin (BTC) miners Marathon Digital and Riot Platforms have doubled their hash rate since June 2023 amid various degrees of ...
Riot Platforms calls for shareholder meeting to oust Bitfarms’ founder from board
Riot Platforms has decided to abandon its bid to acquire rival Bitfarms. Instead, it seeks to overhaul Bitfarms‘ Board of ...
Bitcoin Miner Riot Platforms Ditches Bitfarms Takeover Bid, Seeks to Overhaul Board
Bitcoin miner Riot Platforms (RIOT) dropped its proposal to buy peer Bitfarms (BITF) and is looking to overhaul the board ...
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