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Proposed acquisition of Bitfarms Ltd.

Company: Riot

Subject kind
acquisition
Statement date
2024-05-27
Promised amount
2.3 USD per share
Current status
stated

The claim, verbatim

Riot made a non-binding proposal to acquire all outstanding common shares of Bitfarms Ltd. for US$2.30 per share, payable in cash and Riot common stock.

Source (primary)

Riot SC 13D filed 2024-05-28 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗

Quote: “non-binding proposal to acquire all of the outstanding Common Shares of the Company (the "Proposed Transaction") for consideration of US$2.30 per Common Share, to be paid with a combination of cash and shares of the Reporting Person's common stock”

How we checked this

Attempted on September 21, 2026. We could not read enough of the cited source to check this claim.

The verification run did not return a result for this claim (claude -p exit 1: b'').

What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1167419/000110465924065417/tm2415618d3_sc13d.htm) in full (12,775 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Riot SC 13D filed 2024-05-28

Quote: “non-binding proposal to acquire all of the outstanding Common Shares of the Company (the "Proposed Transaction") for consideration of US$2.30 per Common Share, to be paid with a combination of cash and shares of the Reporting Person's common stock”

View cached copy (2026-09-13)Live source ↗