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Riot Platforms | SC 13D/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Riot Platforms, Inc.(10.0%)

SEC announcement ·  May 30 05:09
Summary by Futu AI
Riot Platforms, Inc., a Nevada-based corporation, has filed an amendment to its Schedule 13D, reporting the acquisition of a 10.0% stake in Bitfarms Ltd., a Canadian corporation. The filing, dated May 28, 2024, indicates that Riot Platforms purchased the common shares using $78,695,396 from its working capital. The acquisition was made public through a press release issued on the same day. The Schedule 13D amendment also provides details of the transactions made by Riot Platforms in the 60 days prior to the filing, including the purchase of 3,002,350 shares at an average price of $2.19 per share. The filing was certified by Colin Yee, Chief Financial Officer of Riot Platforms, on May 29, 2024.
Riot Platforms, Inc., a Nevada-based corporation, has filed an amendment to its Schedule 13D, reporting the acquisition of a 10.0% stake in Bitfarms Ltd., a Canadian corporation. The filing, dated May 28, 2024, indicates that Riot Platforms purchased the common shares using $78,695,396 from its working capital. The acquisition was made public through a press release issued on the same day. The Schedule 13D amendment also provides details of the transactions made by Riot Platforms in the 60 days prior to the filing, including the purchase of 3,002,350 shares at an average price of $2.19 per share. The filing was certified by Colin Yee, Chief Financial Officer of Riot Platforms, on May 29, 2024.
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