Riot has increased its holdings of Bitfarms shares by 1 million, and currently holds approximately 18.68% of the shares.

ChainCatcher news, according to Cryptonews, Riot has increased its holdings in Bitfarms by another 1 million shares, bringing its ownership stake to approximately 18.68%, with a total holding of about 85.3 million shares.

Riot stated that it will continue to evaluate its investment in Bitfarms. The company's future actions will depend on factors such as negotiations between the two companies, including discussions about the shareholders' meeting and changes in the Bitfarms board.

Previous news, the Bitcoin mining company Riot continues to attempt to acquire its competitor Bitfarms, having purchased approximately 10.2 million shares of Bitfarms in July.