Riot Plans Hostile Takeover of Bitfarms; Proposes $2.30 Per Share
Bitfarms’ shares were up nearly 6% at $2.13 as of 14:00 UTC following Riot’s announcement.
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Bitfarms’ shares were up nearly 6% at $2.13 as of 14:00 UTC following Riot’s announcement.
The company announced its Bitcoin treasury strategy Tuesday morning.
The offering will provide crypto trading firms, exchanges and brokers with access to 20 forex pairs.
Elwood is focusing on its existing portfolio management and risk management services, and less on the trading side, one source said.
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The company will help monetize stranded energy in the African country and help manage its renewable energy production.
Gabriel Shapiro (Gabriel Shapiro)