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Riot Platforms Reports Reduced Stake in Bitfarms to 9.85%
July 17, 2025 | By Alvin Lang
In a recent announcement, Riot Platforms has disclosed a reduction in its stake in Bitfarms Ltd., lowering its ownership percentage from an undisclosed amount to 9.85%. The company’s decision to adjust its investment comes as part of its strategic efforts to optimize its portfolio and adapt to the dynamic nature of the cryptocurrency and digital infrastructure sectors.
As reported, Riot Platforms has divested itself of over 2.4 million shares in Bitfarms, which translates to a decrease of approximately 0.44% from its previous stake. Prior to this transaction, Riot held a significant portion of Bitfarms’ common shares, with a total count of 57,207,521, accounting for roughly 10.29% of the company’s outstanding shares.
In the aftermath of the sale, Riot’s holdings have been reduced to 54,745,063 shares, representing a revised stake of 9.85%. The move is seen as an indication that Riot Platforms is actively re-evaluating its investment in Bitfarms, weighing various factors including market conditions, discussions with Bitfarms’ management, and other potential opportunities.
Riot Platforms has emphasized that the sale does not constitute an offer to buy or sell any securities of Bitfarms. This announcement underscores the company’s commitment to continually assessing its portfolio as a means of maximizing returns and minimizing risk in an ever-evolving market landscape.
The implications of this decision remain to be seen, but it is essential for stakeholders and investors to stay informed about these developments, especially given the complexity and unpredictability inherent in the crypto and digital infrastructure sectors.
Source: Blockchain.News
