Riot Platforms Criticizes Bitfarms’ Adoption of Poison Pill
Riot Platforms, Inc. (NASDAQ: RIOT) has expressed significant concerns over the recent adoption of a shareholder rights plan, commonly known as a “poison pill,” by Bitfarms Ltd. (NASDAQ/TSX: BITF). The plan, which became effective immediately, restricts any single shareholder from acquiring 15% or more of Bitfarms’ common shares without initiating…