According to online reports, according to CoinDesk, bitcoin miner Riot Platforms announced the sale of 1.75 million shares of Bitfarms stock with a transaction value of approximately US$1.58 million and an average selling price of approximately US$0.90 per share. This move reduced its shareholding in Bitfarms from nearly 15% to 14.3%. The sale is part of Riot's ongoing review of its investment after its previous unsuccessful acquisition of Bitfarms. In May, Riot made a hostile bid for Bitfarms for $2.30 per share, but the offer was quickly rejected and abandoned the following month. Riot said it will continue to evaluate its position in Bitfarms based on a variety of factors, including potential discussions with Bitfarms management, the company's strategic direction and market conditions, and may increase or decrease its shareholding in the future.