
Riot buys more Bitfarms shares, now holds nearly 16% stake
Riot's hostile takeover bid of Bitfarms take a new turn as the miner acquires more shares of its rivals.
Track Bitcoin mining news, hash rate, public miners, energy policy, hardware trends, and network economics.
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The Bitcoin miner stated that it would issue new shares if any entity acquires 20% of its stocks within the next six months.

Marathon Digital is now the second-largest Bitcoin holder, with over 20,000 BTC in its reserve.

The bill, which was first introduced a few years ago, is expected to take effect on Sept. 1, pending final approval from the federation.

Lummis urged policymakers, industry stakeholders, and the public to engage in a constructive dialogue about the future of Bitcoin mining.

The Bitcoin miner is banking on its AI pilot amid skepticism from short sellers.

Swan's decision has surprised many observers due to the current favorable market conditions.



