Summary by Futu AI
On June 5, 2024, Riot Platforms, Inc. announced a non-binding proposal for a business combination with Bitfarms Ltd. The proposal is not an offer to Bitfarms shareholders and there is no certainty that a definitive offer will be made or accepted, or that any agreement will be reached between the two companies. Riot Platforms has stated that it will not provide updates on the proposed transaction unless required by law. The announcement includes cautionary notes about forward-looking statements, indicating that actual results may differ from expectations due to various risks and uncertainties. Riot Platforms has made it clear that this announcement is not an offer to sell securities or a solicitation of an offer to buy securities, and any such...Show More