Analyst: Riot won’t acquire Bitfarms, ‘premium is not high enough’
As a researcher with experience in mergers and acquisitions in the tech industry, I believe that Riot’s acquisition of Bitfarms faces significant hurdles based on the current rejection by Bitfarm’s board and the insufficient premium offered. The quick rejection without substantive dialogue raises concerns about the motivations of Bitfarms’ founders and their commitment to acting … Read more