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Bitfarms Ltd

Bitfarms Ltd (BITF)

3.00
-0.01
(-0.33%)
Closed May 29 4:12PM

Professional-Grade Tools, for Individual Investors.

BITF News

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BITF Discussion

View Posts
Gary Ray Gary Ray 13 hours ago
Told you so! Delisting incoming
Your shares will expire worthless
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Gary Ray Gary Ray 13 hours ago
I’ll stop my negative if it goes past 2.50 but I know it ain’t happening.
I’d like $3 so that I can grab a short order
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TheFinalCD TheFinalCD 14 hours ago
$BITF 2.24 News Halt May. 29 2024

Bitfarms Responds to Unsolicited Proposal from Riot Platforms
https://www.globenewswire.com/news-release/2024/05/29/2889697/0/en/Bitfarms-Responds-to-Unsolicited-Proposal-from-Riot-Platforms.html

MAY 29, 2024

Download PDF
Riot Platforms, Inc. Reports Beneficial Ownership of 10% in Bitfarms Ltd.
https://www.riotplatforms.com/riot-platforms-inc-reports-beneficial-ownership-of-10-in-bitfarms-ltd/



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TaperT2 TaperT2 23 hours ago
Possible Delist the FARM , F them tryn ta Gangster the Farm ….


Riot Platforms, Inc. Reports Beneficial Ownership of 10% in Bitfarms Ltd.


Riot Platforms announces the acquisition of 3,002,350 common shares of Bitfarms , increasing its ownership to 10% as of May 28, 2024.
The shares were purchased at an average price of $2.19 per share, totaling $6.57 million.
Riot's move follows a non-binding proposal to acquire all outstanding shares of Bitfarms at $2.30 per share, involving a mix of cash and Riot stock.
Riot intends to request a special shareholder meeting to nominate new directors and discuss the proposal.
If successful, the acquisition could result in significant changes, including a shift in control, board reconfiguration, and delisting from major stock exchanges.

Positive
• Riot Platforms increased its stake in Bitfarms to 10%.
• Acquired 3,002,350 shares at an average price of $2.19 per share.
• Total investment of $6.57 million.
• Proposal to acquire all outstanding shares at $2.30 per share.
• Plan to nominate new directors to the Bitfarms board.


Negative
• Potential delisting of Bitfarms from major stock exchanges.
• Possible changes in Bitfarms' board and management structure.
• Uncertain outcome of Riot's non-binding acquisition proposal.

https://www.stocktitan.net/news/RIOT/riot-platforms-inc-reports-beneficial-ownership-of-10-in-bitfarms-b7etldr4w1km.html.
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stockhero stockhero 1 day ago
Gary...when this goes above 3, will you stop your negative nonsense?
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Gary Ray Gary Ray 1 day ago
You losing too much on this one. Maybe you are tailored for other investments such as leaving your money in a money market fund at .05% per annum?
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TaperT2 TaperT2 1 day ago
That Gurl just dont get it , iggy the mfr
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steez steez 1 day ago
Youre the dummie 🤭🥸🖕🖕🖕
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Gary Ray Gary Ray 1 day ago
Stupid move- should have taken the offer. This is capped at $2.30 dummy
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steez steez 1 day ago
Looking good here nice chart reversal in tic toc
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TaperT2 TaperT2 1 day ago
riot ceo comments suggests this will become hostile. The share acquisition to become the single largest shareholder was in anticipation of this rejection. Now they have demanded an emergency meeting to put in place their own board members. Power plays & takeovers 101 played out in real time. Popcorn ready!
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stockhero stockhero 1 day ago
Awesome! Bitfarms will soar on its own!
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TaperT2 TaperT2 1 day ago
Ha The Farm Rejected Riots offer 🖕🏽

Bitfarms Ltd'.s stock jumped nearly 7% on Tuesday after its larger rival Riot Platforms Inc. said it had approached the company about a $950 million buyout offer but was rejected.
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Lokotony Lokotony 1 day ago
That's funny it's 2.30. That's my average.....and limit sell!!!!!
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TaperT2 TaperT2 2 days ago
Riot Platforms proposes to buy Bitfarms for $2.30 per share

Riot Platforms (RIOT) announced that it has made a proposal to the Bitfarms Board of Directors to acquire all of the outstanding shares of Bitfarm (BITF) at a price o $2.30 per Bitfarms common share . Riot also announced that it has accumulated a 9.25% stake in Bitfarms to become Bitfarms' largest shareholder. The Proposal represents a 24% premium to Bitfarms' one-month volume-weighted average share price as of May 24 Further, it represents a 20% premium to Bitfarms' share price on April 19 the last day of trading prior to Riot's initial proposal to the Bitfarms Board.

The Proposal represents approximately $950M in total equity value. The consideration offered to Bitfarms' shareholders under the Proposal consists of cash and Riot common stock and would result in Bitfarms' shareholders owning up to approximately 17% of the combined company. This cash and stock Proposal would provide Bitfarms' shareholders with a substantial premium and immediate cash value, as well as significant potential for future value creation through participation in a financially and commercially stronger company with a well-defined strategy, led by an established and proven management team.

This cash and stock Proposal would provide Bitfarms' shareholders with a substantial premium and immediate cash value, as well as significant potential for future value creation through participation in a financially and commercially stronger company with a well-defined strategy, led by an established and proven management team


What a Joke of an offer , The Farm is Worth way More , and Debt Free , F rIot
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glenn1919 glenn1919 4 days ago
BITF............................https://stockcharts.com/h-sc/ui?s=BITF&p=W&b=5&g=0&id=p86431144783
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Gary Ray Gary Ray 5 days ago
Lies. It’s reversing now to red starting June

Down!!!! Let’s F go!!!
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TaperT2 TaperT2 5 days ago
Flippers Delight ,No Time to Relax = Stress ver Reward.
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Gary Ray Gary Ray 6 days ago
Yup. Only a matter of time these donkeys will get it back to red. Last chance to get out at decent prices was $2.00 this will be back to $1.50 before the end of the month
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Lokotony Lokotony 6 days ago
ONLY .20 away to shed this one!!!!! Not bashing, just been red since the MINUTE I bought. NONE of the miner stuff is doing well and I think the MMs play a good game with it! Even RIOT and MARA, feel like penny stocks!!!!!
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steez steez 1 week ago
Agree good luck to you imo we Will go big
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stockhero stockhero 1 week ago
Good luck to all the shareholders in Bitfarm. Bitcoin is going through the roof since the halving. Bitfarms is ramping up on all fronts and this could be huge in the future.
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Gary Ray Gary Ray 1 week ago
lol one plus day and you think you king of the world. Your desperation with this stock reeks.
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steez steez 1 week ago
🖕
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steez steez 1 week ago
😀😃😁🤣
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The Night Stalker The Night Stalker 2 weeks ago
https://stockcharts.com/h-sc/ui?s=bitf&p=D&yr=0&mn=5&dy=10&id=p24986097784&listNum=23&a=1113701411
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Smallblock Smallblock 2 weeks ago
Check out the B.O.D
1 minute in.
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Gary Ray Gary Ray 2 weeks ago
Even worse than this BITF garbage.
Try again though
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Smallblock Smallblock 2 weeks ago
Gryp
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The Night Stalker The Night Stalker 2 weeks ago
looks good
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The Night Stalker The Night Stalker 2 weeks ago
looks good
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boo boo boo boo 2 weeks ago
Best performer today in the mining space followed by HUT. Miners r kicking butt!
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steez steez 2 weeks ago
Lolol its up 13% dummie today hahahaha watch and learn.......rookie
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Gary Ray Gary Ray 2 weeks ago
My purpose is to call out pumpers and dumpers. And whenever I do so - it works. Go ahead, continue making no money with bad trades LOL
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stockhero stockhero 2 weeks ago
I wondered why your only purpose was to come on and make fun of people when things go south. Then I read your posts since 2015. Yikes. Good luck to you and hope you find happiness in the future.
❣️ 1
Gary Ray Gary Ray 2 weeks ago
The truth hurts
Butt hurts
I understand LOL
Let it all out.
Following you for awhile
You’ve been wrong on every single call.
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steez steez 2 weeks ago
Shut up idiot
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Gary Ray Gary Ray 2 weeks ago
LOOOOOOOOL bottomless knife haha
Hope y’all didn’t listen to this clown :)
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Gary Ray Gary Ray 2 weeks ago
LOLOL
Pleb Post 100%
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stockhero stockhero 2 weeks ago
Based on the average yearly growth of the Bitfarms Ltd. stock in the last 10 years, the BITF stock forecast for the beginning of next year is $4.24. Using that same approach, here is the Bitfarms Ltd. stock prediction for each year up until 2030.

Year

Prediction

Change

2025

$4.24

143.10%

2026

$10.31

490.97%

2027

$25.07

1,336.64%

2028

$60.94

3,392.45%

2029

$148.15

2030

$360.16

8,390.09%

20,539.29%
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Gary Ray Gary Ray 3 weeks ago
Ya ya ya
I heard this song and dance before
Next week next week LOOOL clown.

I keep talking sh!t it’ll drop another 20% at Mondays open :)

Will scoop up dirt cheap under a buck
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steez steez 3 weeks ago
Dummie wait n'ext week so arrogant go to another board to cry imbécile bitf is going to lift up n'ext week rookie hahahahahahah
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Gary Ray Gary Ray 3 weeks ago
LOL clown show, hoping for silly things. You lost boyo
Nothing to see here but bag holders
Not to mention this dropped another 10% today hahahaha
So good
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Lokotony Lokotony 3 weeks ago
Well, we'll hope BTC runs up over the weekend, like usual and earnings come Monday morning....hope. BC BTC will run down during the market day on Monday, per usual.
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Gary Ray Gary Ray 3 weeks ago
Why buy at such high prices when will tank anyway? LOL I’m the rookie?
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steez steez 3 weeks ago
Hey dummie its time to buy not sell rookie leaarn from the pro
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Gary Ray Gary Ray 3 weeks ago
Yes sir
Headed to $1 after ‘said numbers’.
Not sure why folks here haven’t sold yet.

Sell me your pricey shares!
I only purchase cheapies!!!
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stockhero stockhero 3 weeks ago
Friday is the last day before Q1 numbers and the conference call come out before market opens on Monday.
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Gary Ray Gary Ray 3 weeks ago
You are the worst pumper in pumper history. Transparent asfk and obviously not experienced in trading.
No need to FILL sorry for me. I’m good here :)
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steez steez 3 weeks ago
Fill sorry for you rookie
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