Karim
@skkarim2244
Bitcoin miner Bitfarms is adopting a “poison pill” to prevent possible takeover from peer and rival Riot Platforms. A shareholder rights plan, or “poison pill,” is a defense against an unsolicited takeover and attempts to make the company less desirable. Riot Platforms has accumulated a 12% stake in Bitfarms over the past several weeks, seeking to create one of the world’s largest bitcoin miners.
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