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Posted by
Two Blokes Jun 10 -
Filed in
Crypto
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5 views
TL;DR Riot Platforms sold 1.75 million shares of Bitfarms, raising approximately $1.58 million, reducing its stake to 14.3%. This sale came after a failed acquisition attempt in 2024 and reflects an ongoing strategic review. Despite the reduction, the market reacted positively, with Bitfarms' stock rising 4%.
