Riot Platforms, Inc., a Nevada corporation, has filed an amendment to its Schedule 13D, reporting a significant stake in Bitfarms Ltd., a company incorporated under the Canada Business Corporations Act. The amendment, dated August 21, 2024, and known as Amendment No. 11, indicates that Riot Platforms now holds 19.9% of Bitfarms' common shares, which amounts to 89,805,914 shares. The filing, which is a continuation of a series of amendments dating back to May 28, 2024, reveals that the shares were acquired using Riot Platforms' working capital with an aggregate purchase price of US$201,543,224. The recent transactions leading up to the filing included purchases of shares on August 15, 16, 19, and 20, with prices ranging from $2.23 to $2.48 per share. This strategic investment by Riot Platforms reflects a substantial interest in the common shares of Bitfarms, a company with principal executive offices located in Toronto, Ontario.

Riot Platforms, Inc., a Nevada corporation, has filed an amendment to its Schedule 13D, reporting a significant stake in Bitfarms Ltd., a company incorporated under the Canada Business Corporations Act. The amendment, dated August 21, 2024, and known as Amendment No. 11, indicates that Riot Platforms now holds 19.9% of Bitfarms' common shares, which amounts to 89,805,914 shares. The filing, which is a continuation of a series of amendments dating back to May 28, 2024, reveals that the shares were acquired using Riot Platforms' working capital with an aggregate purchase price of US$201,543,224. The recent transactions leading up to the filing included purchases of shares on August 15, 16, 19, and 20, with prices ranging from $2.23 to $2.48 per share. This strategic investment by Riot Platforms reflects a substantial interest in the common shares of Bitfarms, a company with principal executive offices located in Toronto, Ontario.