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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

This claim has not yet been checked assertion-by-assertion against its source. It carries a cited source and quote, but the deeper check has not run. When it does, the result appears here whatever it says.

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 ↗