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Market
Will Riot Platforms announce further acquisitions of Bitfarms shares by March 31, 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official Riot Platforms press releases or financial statements
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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Similar markets
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Aggressive Acquisition • 25%
Moderate Acquisition • 25%
No Further Acquisition • 25%
Divestment • 25%
Less than 500 BTC • 25%
500 - 999 BTC • 25%
1,000 - 1,499 BTC • 25%
1,500 BTC or more • 25%
Successfully increases Bitcoin holdings significantly • 25%
Increases holdings but faces financial strain • 25%
Fails to increase holdings significantly • 25%
Abandons acquisition strategy • 25%
Positive reaction • 25%
Negative reaction • 25%
Neutral reaction • 25%
Mixed reaction • 25%