Riot Platforms Launches Website to Advocate for Bitfarms Board Overhaul
Riot Platforms, a leading Bitcoin mining company, has launched a dedicated website to inform shareholders about corporate governance issues at Bitfarms and Riot’s plans to reconstitute the board. This move is part of Riot’s decisive strategy to advance its acquisition of Bitfarms, marking a significant shift in their approach.
As Riot Platforms moves forward with its acquisition plans, this initiative represents a proactive step to address shareholder concerns and secure the necessary support for the board overhaul, ultimately facilitating a successful merger with Bitfarms.
Riot Launches https://t.co/FxRs2TcjIZ
Website Will Allow Shareholders to Learn More About Bitfarms’ Broken Corporate Governance, the Need for Urgent Board Change and Riot’s Three Highly Qualified, Independent Director Nominees.
Read the full press release here:…
— Riot Platforms, Inc. (@RiotPlatforms) July 8, 2024
Riot Platforms has launched a new website, [www.ABetterBitfarms.com], to gather support for its proposal to revamp Bitfarms’ board of directors. This initiative aims to educate shareholders about the perceived governance shortcomings at Bitfarms and Riot’s strategy to introduce new leadership.
In a recent press release, Riot encouraged Bitfarms shareholders, employees, and other stakeholders to visit the website for updates, to anonymously share their views, and to learn more about Riot’s efforts to introduce directors with fresh perspectives, strong corporate governance skills, and extensive experience in executive management and public company director roles.
The newly launched website aims to educate shareholders on the importance of corporate governance reforms and outlines Riot’s vision for a revamped Bitfarms board. The website serves as a
Read more on cryptonews.com
