share_log

Riot Platforms | SC 13D/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Riot Platforms, Inc.(11.3%)

SEC announcement ·  Jun 4 19:12
Summary by Futu AI
Riot Platforms, Inc., a Nevada-based corporation, has filed an Amendment No. 2 to Schedule 13D with the United States Securities and Exchange Commission on June 4, 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 a sole voting and dispositive power over 44,866,115 common shares, representing an 11.3% stake in Bitfarms Ltd. The filing indicates that the shares were acquired using Riot Platforms' working capital, with an aggregate purchase price of US$89,972,452. Additionally, the amendment provides details of the common shares purchased by Riot Platforms during the 60-day period leading up to the filing, including transactions on May 30, May 31, and June 3, 2024, with prices ranging from $2.15 to $2.36 per share.
Riot Platforms, Inc., a Nevada-based corporation, has filed an Amendment No. 2 to Schedule 13D with the United States Securities and Exchange Commission on June 4, 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 a sole voting and dispositive power over 44,866,115 common shares, representing an 11.3% stake in Bitfarms Ltd. The filing indicates that the shares were acquired using Riot Platforms' working capital, with an aggregate purchase price of US$89,972,452. Additionally, the amendment provides details of the common shares purchased by Riot Platforms during the 60-day period leading up to the filing, including transactions on May 30, May 31, and June 3, 2024, with prices ranging from $2.15 to $2.36 per share.
Helpful
Not Helpful

This announcement is a separate document:

Doc 1

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.