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News Explorer — Bitfarms Disputes Riot’s Claims, Defends Stronghold Move Amid Sprawling Bitcoin Mining Battle

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Sep 4, 8:31 pm
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Bitfarms Disputes Riot’s Claims, Defends Stronghold Move Amid Sprawling Bitcoin Mining Battle

Bitfarms has accused Riot of refusing to engage constructively and harming the interests of Bitfarms shareholders in their ongoing takeover fight. Bitfarms defended its recent acquisition of Stronghold Digital, stating that it aligns with their strategy to diversify power access and rebalance their energy portfolio. Riot has been attempting to acquire Bitfarms since April but has faced resistance from the company.

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