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Bitfarms | SC 13D/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Riot Platforms, Inc.(12.0%)

SEC announcement ·  Jun 6 09:47
Summary by Futu AI
Riot Platforms, Inc., a Nevada-based corporation, has filed an amendment to its Schedule 13D, reporting an increase in its beneficial ownership of Bitfarms Ltd. common shares to 12.0%. The amendment, dated June 5, 2024, is the third such amendment, following previous filings on May 28 and 29, and June 4, 2024. The shares were acquired using Riot Platforms' working capital, with an aggregate purchase price of approximately $97.14 million. The filing details transactions made in the 60-day period leading up to the filing, with significant purchases on June 4 and 5, 2024, at weighted average prices of $2.39 and $2.45 per share, respectively. The announcement was made official through a press release issued by Riot Platforms on June 5, 2024.
Riot Platforms, Inc., a Nevada-based corporation, has filed an amendment to its Schedule 13D, reporting an increase in its beneficial ownership of Bitfarms Ltd. common shares to 12.0%. The amendment, dated June 5, 2024, is the third such amendment, following previous filings on May 28 and 29, and June 4, 2024. The shares were acquired using Riot Platforms' working capital, with an aggregate purchase price of approximately $97.14 million. The filing details transactions made in the 60-day period leading up to the filing, with significant purchases on June 4 and 5, 2024, at weighted average prices of $2.39 and $2.45 per share, respectively. The announcement was made official through a press release issued by Riot Platforms on June 5, 2024.
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