Summary by Moomoo AI
Riot Platforms, Inc., a Nevada corporation, has filed Amendment No. 11 to Schedule 13D with the United States Securities and Exchange Commission on August 21, 2024. This amendment pertains to the company's ownership of common shares in Bitfarms Ltd., a corporation under the Canada Business Corporations Act. Riot Platforms reported holding 89,805,914 common shares, representing 19.9% of the class, which were acquired for an aggregate purchase price of US$201,543,224 using working capital. The filing includes details of recent share purchases by Riot Platforms prior to the filing date, with transactions on dates ranging from August 15 to August 20, 2024, at prices between US$2.23 and US$2.48 per share. The amendment confirms that, except for the changes disclosed, the Schedule 13D remains unchanged since the previous amendments.
