Summary by Moomoo AI
On September 9, 2024, Bitfarms Ltd., a global leader in Bitcoin data center operations, announced the rescheduling of its Special Meeting of shareholders from October 29, 2024, to November 6, 2024. The meeting was postponed to allow the Bitfarms Special Committee more time to review Riot Platforms, Inc.'s Amended Requisition and to provide shareholders with adequate time to consider their voting decisions. The Special Meeting was initially requisitioned by Riot, a direct competitor, on June 24, 2024, and subsequently amended on September 3, 2024. Bitfarms' Board is focused on protecting the interests of all its shareholders, while Riot's actions appear to be in the interest of its own shareholders. The Special Committee has proposed a settlement to Riot, suggesting the addition of a mutually agreed upon Board nominee...Show More
