Bitcoin Miner Riot Withdraws Bid for Bitfarms, Pushes for Board Seats

Bitcoin miner Riot Platforms has pulled a $2. 30 per share bid for Bitfarms (NASDAQ: BITF), instead, wants to obtain three board seats to continue its process of buying the bitcoin mining company. Earlier, Riot had offered $950 million for the acquisition, which was rejected by Bitfarms and thus Riot sought board changes to continue The post Bitcoin Miner Riot Withdraws Bid for Bitfarms, Pushes for Board Seats appeared first on CoinGape .

Source: CoinGape