Bitfarms Ltd (BITF)

[stockhero]

Bitfarms has hit 2.50. Congrats all. Let's get 3 next.

[Gary Ray]

Not too late to sell your bad position. Trust me

[TaperT2]

So rIOT buys more shares 🖕🏽 https://d1io3yog0oux5.cloudfront.net/sec/0001104659-24-068052/0001104659-24-068052.pdf

[steez]

I told you we going up at 1.60 was the bottom but youre a réal dummie now listen to réal trader amateurs

[stockhero]

When BITF reaches 2.50, Gary promises to stop trashing the stock and the many shareholders who own it. Let's see if his word is worth something. Go BITF!

[Gary Ray]

Snoopy, you are delusi :)

[skydog526]

You are all a bunch of wankers. See you Monday 💥👆🤔

[TaperT2]

5-29 High 2.34 , looks like they clocked you old @2.30 limit , hey you made few cents over …Nice Job

[Lokotony]

I think Steez must be an ignored because I see i got one reply, but don't see it.

[steez]

Idiot

[Gary Ray]

Your wife told me you make no money

[Gary Ray]

Not in. Looking to jump in and by your heavy heavy bag
I’ll see you at the finish line at $0.90 and go from there :)

[TaperT2]

He got in back end Feb 2.50-3$ when it ran up to 4$ been cryn- negative since

[steez]

Lolol youre the dummie in here bozo look at the chart and all the buy going in the chart going up up up dummie fill sorry for you ignorant bs by the way i am greeeeennnnnnnn

[Gary Ray]

I told you and warned you
This is a bust :)

[Lokotony]

Great news and NOW it's downgraded! You CAN'T make this BS up!

[Gary Ray]

Told you so! Delisting incoming
Your shares will expire worthless

[Gary Ray]

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

[TheFinalCD]

$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/

[TaperT2]

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.

[stockhero]

Gary...when this goes above 3, will you stop your negative nonsense?

[Gary Ray]

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?

[TaperT2]

That Gurl just dont get it , iggy the mfr

[steez]

Youre the dummie 🤭🥸🖕🖕🖕

[Gary Ray]

Stupid move- should have taken the offer. This is capped at $2.30 dummy

[steez]

Looking good here nice chart reversal in tic toc

[TaperT2]

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!

[stockhero]

Awesome! Bitfarms will soar on its own!

[TaperT2]

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.

[Lokotony]

That's funny it's 2.30. That's my average.....and limit sell!!!!!

[TaperT2]

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

[glenn1919]

BITF............................https://stockcharts.com/h-sc/ui?s=BITF&p=W&b=5&g=0&id=p86431144783

[Gary Ray]

Lies. It’s reversing now to red starting June

Down!!!! Let’s F go!!!

[TaperT2]

Flippers Delight ,No Time to Relax = Stress ver Reward.

[Gary Ray]

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

[Lokotony]

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!!!!!

[steez]

Agree good luck to you imo we Will go big

[stockhero]

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.

[Gary Ray]

lol one plus day and you think you king of the world. Your desperation with this stock reeks.

[steez]

🖕

[steez]

😀😃😁🤣

[The Night Stalker]

https://stockcharts.com/h-sc/ui?s=bitf&p=D&yr=0&mn=5&dy=10&id=p24986097784&listNum=23&a=1113701411

[Smallblock]

Check out the B.O.D
1 minute in.

[Gary Ray]

Even worse than this BITF garbage.
Try again though

[Smallblock]

Gryp

[The Night Stalker]

looks good

[The Night Stalker]

looks good

[boo boo]

Best performer today in the mining space followed by HUT. Miners r kicking butt!

[steez]

Lolol its up 13% dummie today hahahaha watch and learn.......rookie

[Gary Ray]

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