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BITF Stock Alert: Bitfarms Names New CEO as Riot Pushes for a Takeover
BITFBitfarms .(BITF) Investor Place·2024-07-09 23:46

Bitfarms (NASDAQ:BITF) stock is in the news Tuesday after the Bitcoin (BTC-USD) mining company announced Ben Gagnon as its new CEO. Bitfarms notes that its selection of a new CEO is separate from its process of reviewing strategic alternatives. The company's special committee will continue to evaluate opportunities to maximize shareholder value. Bitfarms is facing ongoing pressure from Riot Platforms (NASDAQ:RIOT) as it's seeking a takeover of the BTC mining company. Its latest efforts include launching a w ...