Summary by Moomoo AI
Riot Platforms, Inc., a Nevada corporation, has filed an amendment to its Schedule 13D, reporting an increased beneficial ownership in Bitfarms Ltd. to 18.9%. The amendment, dated August 13, 2024, is the tenth amendment to the Schedule 13D initially filed on May 28, 2024. Riot Platforms disclosed that the aggregate purchase price for the Common Shares was US$190,940,256, acquired using working capital. The filing includes recent transactions, with the purchase of 1,552,838 shares on August 9, 2024, 1,700,000 shares on August 12, 2024, and 1,000,000 shares on August 13, 2024, at varying prices. The press release issued by Riot Platforms on August 13, 2024, is included as an exhibit to the filing. Colin Yee, Chief Financial Officer of Riot Platforms, certified the accuracy of the information in the statement dated August 14, 2024.
