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Market
How will Bitfarms' market capitalization change by December 31, 2024 following the settlement?
2
Resolution / Starting Odds
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Official stock market data from exchanges where Bitfarms is listed
Story
Riot Platforms and Bitfarms Settle Dispute, Conclude Takeover Saga Ahead of Shareholder Meeting
Sep 23, 2024, 12:22 PM
Riot Platforms, Inc. and Bitfarms Ltd. have reached a settlement agreement, resolving their ongoing dispute. As part of the settlement, Amy Freedman, a former investment banker, has been appointed to the board of Bitfarms, replacing Andrés Finkielsztain. The agreement comes ahead of a key shareholder meeting and marks a significant development in the relationship between the two bitcoin mining companies. Riot Platforms is the top shareholder of Bitfarms. This settlement concludes a takeover saga and was announced through a press release.
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