Bitcoin miner Riot Platforms raises stake in rival Bitfarms to 18.9%

Riot acquired 1 million common shares of Bitfarms on Tuesday, representing about 0.22% of issued and outstanding Bitfarms common stock. Bitfarms said earlier in the day that its cofounder and chair Nicolas Bonta, one of the three board members top shareholder Riot sought to replace, would leave the company immediately.
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