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2024-06-07 07:54:08 ET Summary Riot Platforms has underperformed compared to other Bitcoin mining peers, down 12% over the last year. Riot Platforms has made a bid to takeover smaller mining peer Bitfarms. Following rejection, RIOT has begun a hostile takeover attempt by acquiring...
Riot Platforms, Inc. (“ Riot ”) issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over...
2024-06-03 08:12:46 ET More on Bitfarms Bitfarms: A Bidding War Could Be Brewing Bitfarms Ltd. (BITF) Q1 2024 Earnings Call Transcript Bitfarms Ltd. 2024 Q1 - Results - Earnings Call Presentation Bitfarms starts strategic review after rejecting Riot's takeove...
- Earned 156 BTC in May 2024 - - Secured additional hydropower in Paraguay with potential to add 6 EH/s in 2025 - - Increased installed hashrate to 9.5 EH/s with 7.5 EH/s operational - - Improved corporate energy efficiency to 27 w/TH, up 31% Y/Y & 13% M/M - - On track to deliver 21 E...
2024-06-03 06:40:38 ET Summary Bitfarms has shown improved revenue and margins in Q1 2024, with a 67% YoY increase in revenue and a 50% increase in adjusted EBITDA. The company aims to triple its hashrate, increase operating capacity, and improve fleet efficiency by the end of 202...
2024-06-01 07:30:00 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Hidden gem stocks are a great way to invest in a market spooked by persistently nagging inflation and a cautious Federal Reserve unwilling to pull the trigger on rate cuts this year; the ...
2024-05-31 18:59:33 ET Summary Riot Platforms' bid to buy Bitfarms signals potential consolidation in the competitive Bitcoin mining industry. Riot is reducing costs by purchasing power plans from utilities in Texas and using a flexible approach to mining. Scaling production c...
2024-05-31 15:28:25 ET More on cryptocurrency Bitcoin Prisoner Dilemmas: Another Pubco Adopts The MicroStrategy Playbook What If Bitcoin Stays At Current Prices Indefinitely? Bitcoin's Fading Action Is A Huge Warning For Stock Market Liquidity NYSE, CoinDesk ...
2024-05-29 07:29:31 ET More on Bitfarms, Riot Platforms, etc. Bitfarms Ltd. 2024 Q1 - Results - Earnings Call Presentation Bitfarms Q1 2024 Earnings: Is The Worst Over? (Rating Downgrade) Bitfarms jumps after rejecting $2.30 a sharer offer from rival Riot Platforms (...
Company Committed to Maximizing Value for All Shareholders; Strategic Alternatives Process Underway Reaffirms Confidence in Business and Guidance of 21 EH/s and 21 w/TH in 2024 This news release constitutes a “designated news release” for the purposes of the Compan...
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TORONTO, Ontario and BROSSARD, Québec, July 17, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global vertically integrated Bitcoin data center company, announces its participation in a virtual fireside chat hosted by H.C. Wainwright. Event Details: Advance...