NasdaqCM:RIOTSoftware
Riot Platforms (RIOT) Is Up 11.6% After Disclosing 9.85% Stake in Bitfarms
Recently, Riot Platforms announced it now holds a 9.85% stake in Bitfarms Ltd. after selling 2,462,458 shares and clarified it may adjust this position based on future discussions and strategic factors.
This signals Riot’s increasing involvement and potential influence within the Bitcoin mining sector, alongside continuing attention on the company ahead of its upcoming earnings report announcement.
We'll explore how Riot’s substantial investment in Bitfarms could influence its investment...