Riot Platforms filed Amendment No. 22 to its Schedule 13D regarding Bitfarms Ltd. common shares. The amendment states Riot beneficially owns 25,675,522 Common Shares, representing 4.6% of Bitfarms' outstanding shares based on 552,599,613 shares. The filing, dated August 18, 2025, notes this Amendment No. 22 is the final amendment and constitutes an exit filing because Riot ceased to be the beneficial owner of more than 5% of the Company. Schedule A (Exhibit 99.1) is referenced for details of shares sold.
Bitfarms Ltd. submitted a Form 6-K reporting the inclusion of its Interim Condensed Consolidated Financial Statements and Management's Discussion & Analysis for the three and six months ended June 30, 2025. The filing lists Exhibits 99.1–99.4, which also include interim CEO and CFO certifications to accompany the interim filings. The report indicates the company files annual reports under Form 40-F and provides the registrant's principal office in Toronto, Ontario, Canada. This filing supplies investors with the company’s formal interim financial package and related management commentary for the stated period.
Riot Platforms reports beneficial ownership of 39,918,902 common shares of Bitfarms Ltd., representing 7.2% of the company's 557,548,857 outstanding shares used for the percentage calculation. The amendment restates Item 5 to reflect the aggregate share and voting information shown on the cover page, and confirms Riot has sole voting and sole dispositive power over those shares. The filing references Exhibit 99.1 (Schedule A) for details of Common Shares sold since Riot's last Schedule 13D filing and otherwise states no directors or officers effected transactions beyond those described.