Riot Platforms, Inc., a company listed in the US under the ticker RIOT.US, has made a non-binding proposal for a business combination transaction with Bitfarms Ltd., as announced on June 12, 2024. The proposal, which was shared on social media platforms including X (formerly known as Twitter) and LinkedIn, is not an offer to Bitfarms shareholders and there is no certainty that a definitive offer will be made or accepted, nor that any agreement will be reached between the two companies. Riot Platforms has stated that it will not provide updates on the proposed transaction unless required by law. The announcement also contains forward-looking statements that are subject to risks and uncertainties, indicating that actual results could materially differ...Show More

Riot Platforms, Inc., a company listed in the US under the ticker RIOT.US, has made a non-binding proposal for a business combination transaction with Bitfarms Ltd., as announced on June 12, 2024. The proposal, which was shared on social media platforms including X (formerly known as Twitter) and LinkedIn, is not an offer to Bitfarms shareholders and there is no certainty that a definitive offer will be made or accepted, nor that any agreement will be reached between the two companies. Riot Platforms has stated that it will not provide updates on the proposed transaction unless required by law. The announcement also contains forward-looking statements that are subject to risks and uncertainties, indicating that actual results could materially differ. Riot Platforms has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2023, with the SEC, which includes detailed risk factors and cautionary notes regarding forward-looking statements. The communication is informational and does not constitute an offer to sell securities or a solicitation of proxies from Bitfarms shareholders. Any future regulatory filings related to the proposed transaction will be made available to investors and security holders through the SEC and applicable Canadian securities regulatory authorities.