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Bitfarms Reveals Leadership Changes Amid Ongoing Conflict With Riot Platforms

Bitfarms Ltd. has announced significant changes to its board of directors and executive team as the company continues to navigate a takeover bid and governance dispute with Riot Platforms Inc.…

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Cleanspark Acquires Griid in $155 Million All-Stock Deal to Boost BTC Mining Operations

In a significant expansion move, Cleanspark, a leading U.S. bitcoin mining company, has announced the acquisition of its rival firm Griid for $155 million. This strategic all-stock transaction aims to…

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Cleanspark Acquires 5 Bitcoin Mining Facilities in Georgia for $25.8 Million

Cleanspark Inc. has announced the acquisition of five new bitcoin mining facilities in Georgia for $25.8 million. The deal is expected to close immediately, increasing the company’s operating hashrate to…

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Bitfarms Adopts Defensive Measures Against Riot Platforms’ Takeover

Bitfarms Ltd. has adopted a shareholder rights plan to protect the integrity of its ongoing Strategic Alternatives Review Process. This plan was unanimously approved by the Board and involves issuing…

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Bitcoin Miner Bitdeer Expands With Acquisition of ASIC Designer Desiweminer

Bitdeer Technologies Group announced its acquisition of Desiweminer, a noted player in the crypto ASIC design landscape. The agreement, finalized on June 3, 2024, involves the exchange of 20 million…

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Riot Proposes Acquisition of Bitfarms to ‘Create the World’s Largest Publicly Listed Bitcoin Miner’

Riot Platforms has announced a proposal to acquire Bitfarms to create “the world’s largest publicly listed bitcoin miner.” This offer includes cash and Riot stock, representing a 24% premium. Despite…

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Ripple Aims to Expand Regulatory Reach With Standard Custody Acquisition

In a strategic move to bolster its regulatory credentials, Ripple has announced its plan to acquire Standard Custody & Trust Company. This acquisition, pending regulatory approval, is set to enhance…

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