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Bitfarms is scheduled to hold an extraordinary meeting of shareholders on October 29 to vote to restructure its board of directors in response to Riot's attempted takeover

Bitcoin mining company Bitfarms has officially confirmed that it will hold an extraordinary meeting of shareholders on October 29, 2024. This move is in response to a request for a meeting made by Riot Platforms on June 24. Bitfarms' Friday announcement states that all shareholders of record on the September 26, 2024 record date are entitled to vote, but no additional action is required at this time. Bitfarms said that a special committee of independent directors of the board, assisted by financial and legal advisors, reviewed the meeting request and unanimously determined the meeting and record date.