Bitfarms Says Riot Bid ‘Significantly Undervalues’ Crypto Miner, Is Exploring Options

Bitfarms Says Riot Bid ‘Significantly Undervalues’ Crypto Miner, Is Exploring Options

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Source: Coindesk.com

Bitfarms rejected Riot Platforms' unsolicited $2.30 per share takeover bid as undervaluing the crypto miner. The company said it hired investment bank Moelis to serve as a financial adviser in dealing with additional expressions of interest it has received.

Read More https://www.coindesk.com/business/2024/05/29/bitfarms-says-riot-bid-significantly-undervalues-crypto-miner-is-exploring-options/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Bitfarms Says Riot Bid 'Significantly Undervalues' Crypto Miner, Is Exploring Options" appeared first here Coindesk.com.

Source: Coindesk.com

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