đ Breaking News: Bitfarms & Riot Platforms Reach Settlement!đ
The dispute between **Bitfarms** and **Riot Platforms** has finally been settled! Under the new agreement, **Riotâs stake** in Bitfarms is **capped at 20%** unless approved by the board. Riot currently holds **19.9%**, effectively stopping its hostile takeover attempt.
Key Updates:
- **Andres Finkielsztain**, Bitfarms' co-founder, has stepped down from the board.
- **Amy Freedman**, a corporate governance expert, takes his place, signaling strategic shifts.
- The **special shareholder meeting** is delayed but will be held before **November 20** to address key decisions regarding the company's future.
đĄ Whatâs Next for Bitfarms?
Moving forward, **Bitfarms** aims to **diversify** beyond Bitcoin mining and explore new ventures like **energy trading** and **high-performance computing**!
Stay tuned for further updates on this developing story! đ
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