Summary by Futu AI
On July 26, 2024, Bitfarms Ltd., a global Bitcoin mining company, announced that the Toronto Stock Exchange (TSX) has deferred the consideration of the Company's shareholder rights plan until it receives confirmation that securities commissions will not intervene and until the plan is ratified by shareholders by January 24, 2025. The rights plan will remain effective for at least six months from its adoption date on July 24, 2024, unless terminated earlier. Bitfarms, which operates 12 Bitcoin data centers with two under development across four countries, is known for its commitment to sustainable energy use in its operations. The company's press release, which serves as a material change report, was filed with the Canadian Securities Regulatory Authorities and is available on SEDAR+ and the SEC's website. The announcement is considered significant for investors and the market, as it relates to the governance and future operations of Bitfarms.