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Riot Platforms | SC 13D/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Riot Platforms, Inc.(18.0%)

SEC announcement ·  Aug 9 19:02
Summary by Futu AI
Riot Platforms, Inc., a Nevada corporation, has filed Amendment No. 9 to Schedule 13D with the United States Securities and Exchange Commission on August 9, 2024, regarding its ownership of Common Shares in Bitfarms Ltd. The amendment reflects Riot Platforms' beneficial ownership of 81,040,216 Common Shares, representing 18.0% of Bitfarms Ltd., which is a corporation incorporated under the Canada Business Corporations Act. The shares were acquired using Riot Platforms' working capital, with an aggregate purchase price of US$181,304,529. The filing includes recent transactions, with Riot Platforms purchasing 1,725,000 shares on August 7, 2024, at an average price of US$1.96 per share, and 3,047,898 shares on August 8, 2024, at an average price of US$2.22 per share. The filing was certified by Colin Yee, Chief Financial Officer of Riot Platforms.
Riot Platforms, Inc., a Nevada corporation, has filed Amendment No. 9 to Schedule 13D with the United States Securities and Exchange Commission on August 9, 2024, regarding its ownership of Common Shares in Bitfarms Ltd. The amendment reflects Riot Platforms' beneficial ownership of 81,040,216 Common Shares, representing 18.0% of Bitfarms Ltd., which is a corporation incorporated under the Canada Business Corporations Act. The shares were acquired using Riot Platforms' working capital, with an aggregate purchase price of US$181,304,529. The filing includes recent transactions, with Riot Platforms purchasing 1,725,000 shares on August 7, 2024, at an average price of US$1.96 per share, and 3,047,898 shares on August 8, 2024, at an average price of US$2.22 per share. The filing was certified by Colin Yee, Chief Financial Officer of Riot Platforms.
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