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Market Cap:
24h Vol:
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Bitcoin Bitcoin Share: 55.78%
Markets: 83060
CoinGape
2024-05-28 12:47:20

Bitcoin Miner Riot Platforms Eyes Bitfarms Acquisition In $950M Deal: Report

Bitcoin Miner Riot Platforms Eyes Bitfarms Acquisition In $950M Deal: Report

Bitcoin mining giant Riot Platforms Inc. (RIOT) is making headlines with plans to acquire rival Bitfarms Ltd., according to recent reports. The move signals a significant consolidation trend in the sector, driven by changes in Bitcoin’s economic landscape. Meanwhile, Riot aims to take over Bitfarms after acquiring a 9.25% stake, offering $950 million in cash and The post Bitcoin Miner Riot Platforms Eyes Bitfarms Acquisition In $950M Deal: Report appeared first on CoinGape .

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