On September 9, 2024, Bitfarms Ltd., a global leader in Bitcoin data center operations, announced the rescheduling of its Special Meeting of shareholders from October 29, 2024, to November 6, 2024. The meeting was postponed to allow the Bitfarms Special Committee more time to review Riot Platforms, Inc.'s Amended Requisition and to provide shareholders with adequate time to consider their voting decisions. The Special Meeting was initially requisitioned by Riot, a direct competitor, on June 24, 2024, and subsequently amended on September 3, 2024. Bitfarms' Board is focused on protecting the interests of all its shareholders, while Riot's actions appear to be in the interest of its own shareholders. The Special Committee has proposed a settlement to Riot, suggesting the addition of a mutually agreed upon Board nominee...Show More

On September 9, 2024, Bitfarms Ltd., a global leader in Bitcoin data center operations, announced the rescheduling of its Special Meeting of shareholders from October 29, 2024, to November 6, 2024. The meeting was postponed to allow the Bitfarms Special Committee more time to review Riot Platforms, Inc.'s Amended Requisition and to provide shareholders with adequate time to consider their voting decisions. The Special Meeting was initially requisitioned by Riot, a direct competitor, on June 24, 2024, and subsequently amended on September 3, 2024. Bitfarms' Board is focused on protecting the interests of all its shareholders, while Riot's actions appear to be in the interest of its own shareholders. The Special Committee has proposed a settlement to Riot, suggesting the addition of a mutually agreed upon Board nominee and other customary provisions. Shareholders will be able to attend the meeting in person or via a live audio-only webcast, and will receive a management information circular with details on the Amended Requisition and other voting matters. Bitfarms, founded in 2017, operates 12 Bitcoin data centers and has two under development across four countries, focusing on sustainable energy use. The company has advised shareholders that no action is required from them at this time.