Riot Platforms reports actual ownership of 10% of Bitfarms

RiotPlatforms, Inc. issued a Takeover Offer and Issuer Request press release stating that it acquired ownership of 3,002,350 common shares of BitfarmsLtd.公司 on May 28, 2024, representing approximately 0.75% of the company's outstanding and outstanding common shares. The weighted average price is approximately $2.19 per share (approximately CAD 2.99 per share), and the price range for each share purchased is $2.14 to $2.23 (equivalent to approximately CAD 2.92 to CAD 3.04 based on exchange rates) for a total amount of $6,572,744.62 (equivalent to approximately CAD 8,963,909.11).
Prior to the acquisition leading to the issuance of this press release, Riot actually owned 36,856,350 common shares, representing approximately 9.25% of the issued and outstanding common shares. Upon completion of the above acquisition, Riot actually owned 39,858,700 common shares of Bitfarms Ltd., representing approximately 10.00% of the issued and outstanding common shares, as of the date of this press release.