On June 12, 2024, Riot Platforms, Inc. announced a non-binding proposal for a business combination transaction with Bitfarms Ltd. The proposal, which was shared on social media platforms X and LinkedIn, is not an offer to Bitfarms shareholders and there is no certainty that a definitive offer will be made or accepted, nor 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 legally required. The announcement also contained forward-looking statements, cautioning that actual results could materially differ from expectations due to various risks and uncertainties. Riot Platforms has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2023, with the SEC...Show More

On June 12, 2024, Riot Platforms, Inc. announced a non-binding proposal for a business combination transaction with Bitfarms Ltd. The proposal, which was shared on social media platforms X and LinkedIn, is not an offer to Bitfarms shareholders and there is no certainty that a definitive offer will be made or accepted, nor 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 legally required. The announcement also contained forward-looking statements, cautioning that actual results could materially differ from expectations due to various risks and uncertainties. Riot Platforms has filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2023, with the SEC, which includes detailed risk factors and cautionary notes regarding forward-looking statements. The communication is informational and not a solicitation of a proxy or an offer to purchase securities. Any future regulatory filings related to the proposed transaction will be made available to investors and security holders through the SEC and Canadian securities regulatory authorities.