Riot reduces its stake in Bitfarms to 14.3%

Odaily Planet Daily News: US Bitcoin mining company Riot Platforms sold 1.75 million shares of Bitfarms stock on the public market on June 9th, cashing out $1.58 million at an average price of approximately $0.90 per share, reducing its stake to 14.3%. This reduction is part of the investment review after the previous unsuccessful acquisition. Riot stated that it will continue to evaluate its holdings in Bitfarms, with future increases or decreases depending on market and strategic changes. （CoinDesk）