Riot Blockchain Looks to Shake Up Bitfarms with Nomination of Independent Directors

Monday, 24 June 2024, 14:06

In a strategic move, Riot Blockchain nominates three independent directors to Bitfarms board, intensifying its takeover efforts. This bold step signals Riot's determination to assert influence and reshape Bitfarms' governance structure. The nomination is a critical development in the ongoing tug-of-war between the two prominent crypto firms, aiming at securing power and control.
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Riot Blockchain Looks to Shake Up Bitfarms with Nomination of Independent Directors

Riot's Strategic Move

Riot Blockchain nominates three independent directors to Bitfarms board.

Intensified Takeover Efforts

The nomination signals Riot's determination to assert influence and reshape Bitfarms' governance structure.

Critical Development

The ongoing tug-of-war underlines the importance of securing power and control in the crypto landscape.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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