Analyst: Riot won’t acquire Bitfarms, ‘premium is not high enough’

2024-5-29 17:14

Analysts from H.C. Wainright claim that Riot’s acquisition of Bitfarms will face rejection due to Bitfarm’s board disapproval and insufficient premiums.  Citing Bitfarm’s board rejection of Riot’s initial offer and the fact the proposed premium is insufficient to attract shareholder…

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