Riot buys more Bitfarms shares, now holds nearly 16% stake

Bitcoin miner Riot Platforms has intensified its acquisition strategy against rival Bitfarms by purchasing approximately 10 million additional shares this month, according to a July 31 filing with the US Securities and Exchange Commission (SEC). The SC 13D/A filing revealed that Riot now holds 71.56 million of Bitfarms’ total outstanding shares—valued at $159.1 million—equivalent to […] source: https://cryptoslate.com/riot-buys-more-bitfarms-shares-now-holds-nearly-16-stake/