Bitfarms has appointed Ben Gagnon as its CEO, effective immediately, amid its ongoing tussle with rival Riot.
Bitfarms has appointed a new CEO amid its ongoing tussle with a rival attempting to take over its bitcoin-mining business.
“The Board is confident that Ben is the right person to lead Bitfarms in this next chapter,” Edie Hofmeister, chair of Bitfarm's Independent Search Committee of the Board of Directors, said Monday in a statement. "During his tenure as chief mining officer, Ben played a significant role in the development of Bitfarms’ growth plan, positioning the Company to drive significant value creation.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bitfarms Outlines Defense Plan Against Rival Riot’s Ongoing Takeover BidCrypto Blog
Read more »
Bitfarms adds board member to deter Riot Platforms takeoverBitfarms appoints Fanny Philip as an independent board member to prevent a takeover by Riot Platforms, which holds a 14.9% stake. Riot withdraws its offer to buy all Bitfarms shares due to board resistance.
Read more »
Riot seeks three Bitfarms board members, says it holds 14.9% stakeBitfarms shareholders could soon vote on a Riot Platforms plan to replace three of the mining firm’s board members, including interim CEO Nicolas Bonta.
Read more »
Riot nominates three independent directors to Bitfarms board in latest takeover salvoRiot is ready to engage with a reconstituted Bitfarms board around a potential acquisition, but is withdrawing its previous offer to acquire the company for $2.30 per share.
Read more »
Bitcoin Miner Riot Platforms Ditches Bitfarms Takeover Bid, Seeks to Overhaul BoardAoyon Ashraf is managing editor with more than a decade of experience in covering equity markets
Read more »
Riot Platforms Boosts Bitfarms Stake with Additional Share AcquisitionCrypto Blog
Read more »