# Riot Platforms (Page 2)

Riot Platforms has acquired a 9.25% stake in Bitfarms after its takeover offer was rejected. According to a press release Riot Platforms published on May 28, the Bitcoin mining firm’s $950 million offer to acquire all outstanding shares of Bitfarms was turned down by the Bitfarms board....

Bitcoin mining firm Riot Platforms has announced a remarkable net income of $211.8 million for the first quarter of 2024.

On February 23, popular Bitcoin miner Riot Platforms issued a cautionary statement regarding potential profitability challenges in its business operations. The company cited various factors, including global supply chain disruptions, chip shortages, and increasing regulatory scrutiny around climate...