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- Riot Platforms (NASDAQ:RIOT) reported a reduction in its beneficial ownership of Bitfarms (NASDAQ:BITF) to 9.85% as of July 16, 2025.
- Riot sold ~2.46M shares of Bitfarms (NASDAQ:BITF), which accounted for approximately 0.44% of Bitfarms’ total outstanding shares.
- The shares were sold via normal course transactions on the Nasdaq and other open market trades at a weighted average price of around $1.05 per share.
- Immediately prior to this sale, Riot (NASDAQ:RIOT) owned ~57.2M Bitfarms shares, representing about 10.29%.