Bitfarms implements fresh poison pill strategy to fend off Riot Platforms takeover bid
The Bitcoin miner stated that it would issue new shares if any entity acquires 20% of its stocks within the next six months.

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The strong outflows from spot Ethereum ETFs also contributed to the downward market pressure.
Crypto advocates push for bipartisan approach as November election looms.
The news comes amid rumors that Trump, who is also slated to speak at the conference, had plans to endorse Bitcoin as a strategic reserve asset.
The firm's bull case projects Bitcoin could reach a staggering $52.4 million per coin by 2050.
The bill, which was first introduced a few years ago, is expected to take effect on Sept. 1, pending final approval from the federation.
The development marks a significant milestone in a decade-long effort to reimburse those affected by the infamous 2014 hack that led to Mt. Gox's collapse.