Bitfarms (BITF) Responds to Unsolicited Proposal from Riot Platforms (RIOT)
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/27/2026
- Wall Street ends higher as investors buy AI stocks; Microsoft rallies
- Stock action shows confidence in central banks: BofA’s Hartnett
- Oil prices slide about 2% as US, Iran explore path out of war
- Why stocks held up despite rising yields and $100 oil? These 2 words explain it
- Barclays asks if equity markets are nearing the boiling point
- White House blocks CNN from Air Force One trip, Washington Post reports
- Merck and Daiichi Sankyo withdraw lung cancer drug application
- Exclusive-SK Hynix's Solidigm weighs IPO that could value the unit at up to $150 billion, sources say
- Wall Street ends higher as investors buy AI stocks; Microsoft rallies
- Fox Factory sells Marucci Sports for $225M, cuts debt
Stifel Canada Downgrades Bitfarms Ltd. (BITF) to Hold
May 29, 2024 4:35 PM EDTStifel Canada analyst Bill Papanastasiou downgraded Bitfarms Ltd. (NASDAQ: BITF) from Speculative Buy to Hold with a price target of $2.30 (from $3.25).
The analyst comments "RIOT Platforms Inc. (RIOT-N) revealed its proposal to acquire all the outstanding shares of BITF to create the... More
Bitfarm rejects Riot’s acquisition bid, says it undervalues the company
May 29, 2024 8:53 AM EDTBitfarms (NASDAQ: BITF) has rejected Riot Platforms' (NASDAQ: RIOT) unsolicited offer to acquire the Bitcoin miner at $2.30 per share in cash and stock, claiming the proposal significantly undervalues the company and its growth prospects.
The Toronto-based company also said it has received additional unsolicited... More
