Riot Platforms, Inc., a Nevada-based corporation, has filed an amendment to its Schedule 13D, disclosing an increase in its beneficial ownership of Bitfarms Ltd. common shares to 12.0%. The filing, dated June 5, 2024, represents the third amendment to the original Schedule 13D filed on May 28, 2024. Riot Platforms reported that the aggregate purchase price for the shares was $97,142,767, funded from its working capital. The company also issued a press release on the same date, announcing the increase in ownership. The shares were acquired over a 60-day period with significant purchases made on June 4 and 5, 2024, at weighted average prices of $2.39 and $2.45 respectively. The press release detailing the transaction has been filed as an exhibit to the Schedule 13D amendment.

Riot Platforms, Inc., a Nevada-based corporation, has filed an amendment to its Schedule 13D, disclosing an increase in its beneficial ownership of Bitfarms Ltd. common shares to 12.0%. The filing, dated June 5, 2024, represents the third amendment to the original Schedule 13D filed on May 28, 2024. Riot Platforms reported that the aggregate purchase price for the shares was $97,142,767, funded from its working capital. The company also issued a press release on the same date, announcing the increase in ownership. The shares were acquired over a 60-day period with significant purchases made on June 4 and 5, 2024, at weighted average prices of $2.39 and $2.45 respectively. The press release detailing the transaction has been filed as an exhibit to the Schedule 13D amendment.