Amazon faces shareholder pressure to assess bitcoin as a treasury asset, citing inflation risks, bitcoin’s soaring returns, and corporate trends toward cryptocurrency adoption. Shareholders Push Amazon to Embrace Bitcoin—A Bold Treasury Move? Amazon shareholders are pressing the company’s Board to explore the potential benefits of adding bitcoin to its financial strategy. The proposal, submitted by […]
Riot Platforms’ Bid Spurs Special Shareholders Meeting at Bitfarms
Bitfarms Ltd. has scheduled a special shareholders meeting for Oct. 29, 2024, in response to a requisition from Riot Platforms, Inc. The announcement on Friday claims Riot aims to disrupt Bitfarms’ ongoing strategic review process and acquire the company. The special committee of independent directors, after extensive deliberation and advice from financial and legal advisors, […]