DailyBubble News
DailyBubble News

Bitcoin miner Riot Platforms raises stake in rival Bitfarms to 18.9% – Reuters

Bitcoin mining company Riot Blockchain has increased its ownership stake in rival mining firm Bitfarms to 18.9%. This move signifies Riot’s growing interest in the cryptocurrency mining industry. Sources report that Riot has been actively expanding its investments in the sector in recent months. The competition between these two companies could lead to further developments in the rapidly evolving world of Bitcoin mining. Investors and industry experts will be closely watching to see how this increased stake will impact both Riot and Bitfarms in the coming months.

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