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Bitcoin World 2024-06-12 14:43:24

Bitfarms Implements A ‘Poison Pill’ Strategy Against Rival Riot’s Ongoing Takeover Bid

Bitfarms implements a ‘poison pill’ strategy to thwart a hostile takeover attempt by Riot Platforms, ensuring corporate stability. Bitfarms announced on Monday that its Board of Directors has unanimously approved a shareholder rights plan, effective immediately, to preserve the integrity of its strategic alternatives review process in response to an unsolicited takeover offer from Riot

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