[SCHEDULE 13D/A] Bitfarms Ltd. SEC Filing
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.
Riot Platforms dichiara la titolarità beneficiaria di 39,918,902 azioni ordinarie di Bitfarms Ltd., pari al 7.2% delle 557,548,857 azioni in circolazione considerate per il calcolo della percentuale. L'emendamento rettifica il Punto 5 per riflettere le informazioni aggregate su azioni e voti riportate nella pagina di copertina e conferma che Riot detiene il diritto di voto esclusivo e il potere dispositivo esclusivo su tali azioni. La documentazione rinvia all'Esibizione 99.1 (Schedule A) per i dettagli sulle azioni ordinarie vendute dalla precedente presentazione di Riot al Schedule 13D e, per il resto, dichiara che nessun amministratore o dirigente ha effettuato transazioni diverse da quelle descritte.
Riot Platforms informa la propiedad beneficiaria de 39,918,902 acciones comunes de Bitfarms Ltd., que representan el 7.2% de las 557,548,857 acciones en circulación utilizadas para el cálculo porcentual. La enmienda rectifica el Punto 5 para reflejar la información agregada sobre acciones y votos que figura en la portada y confirma que Riot tiene el derecho exclusivo de voto y el poder de disposición exclusivo sobre dichas acciones. La presentación remite al Anexo 99.1 (Schedule A) para los detalles de las acciones comunes vendidas desde la última presentación de Riot en el Schedule 13D y, por lo demás, declara que ningún director u oficial realizó transacciones distintas a las descritas.
Riot Platforms는 Bitfarms Ltd.의 보통주 39,918,902주를 실질적으로 보유하고 있음을 보고하며, 이는 백분율 산정에 사용된 총 발행주식수 557,548,857주의 7.2%에 해당합니다. 본 수정서는 표지에 기재된 총 주식 및 의결권 정보를 반영하도록 항목 5를 정정하며, Riot가 해당 주식에 대해 단독 의결권 및 단독 처분권을 보유하고 있음을 확인합니다. 제출서류는 Riot의 마지막 Schedule 13D 제출 이후 매도된 보통주 내역에 대해 상세히 기술한 Exhibit 99.1 (Schedule A)를 참조하고, 그 외 이사나 임원이 기술된 것 외의 거래를 실행하지 않았다고 명시합니다.
Riot Platforms déclare la propriété bénéficiaire de 39,918,902 actions ordinaires de Bitfarms Ltd., représentant 7.2% des 557,548,857 actions en circulation prises en compte pour le calcul du pourcentage. L'amendement reformule le point 5 afin de faire apparaître les informations agrégées sur les actions et les droits de vote figurant en page de couverture, et confirme que Riot détient le droit de vote exclusif et le pouvoir exclusif de disposition sur ces actions. Le dépôt renvoie à l'annexe/Exhibit 99.1 (Schedule A) pour les détails des actions ordinaires vendues depuis la dernière déclaration Schedule 13D de Riot et indique par ailleurs qu'aucun administrateur ni dirigeant n'a réalisé de transactions autres que celles décrites.
Riot Platforms meldet die wirtschaftliche Eigentümerschaft an 39,918,902 Stammaktien von Bitfarms Ltd., was 7.2% der für die Prozentberechnung herangezogenen 557,548,857 ausstehenden Aktien entspricht. Die Änderung stellt Punkt 5 neu, um die auf der Deckseite ausgewiesenen aggregierten Angaben zu Aktien und Stimmrechten widerzuspiegeln, und bestätigt, dass Riot über diese Aktien alleiniges Stimmrecht und alleiniges Verfügungsrecht besitzt. Die Einreichung verweist auf Anlage/Exhibit 99.1 (Schedule A) für Angaben zu seit der letzten Schedule 13D-Einreichung von Riot verkauften Stammaktien und stellt ansonsten fest, dass keine Direktoren oder leitenden Angestellten Transaktionen über die beschriebenen hinaus vorgenommen haben.
- Clear disclosure of ownership: Riot reports holding 39,918,902 shares, improving transparency about its position in Bitfarms.
- Sole voting and dispositive power: Riot states it has exclusive control over voting and disposition for the disclosed shares.
- Sales reported but amounts not shown here: The filing refers to Exhibit 99.1 (Schedule A) for shares sold since the last filing, but this amendment does not disclose quantities within its body.
- Stake below majority control: The disclosed 7.2% holding is a minority position and does not indicate controlling ownership.
Insights
TL;DR: Riot holds a material minority stake (7.2%) with sole voting and dispositive power; amendment updates ownership disclosure.
The filing confirms Riot Platforms beneficially owns 39,918,902 Bitfarms shares (reported as 7.2% of 557,548,857 outstanding). Riot reports sole voting and dispositive power, and the amendment updates Item 5 to reflect the issuer's outstanding share count. The disclosure also points to Exhibit 99.1 (Schedule A) for sales activity since the prior filing. For investors, the update increases transparency about Riot's position and recent transactions while leaving the scale of any sales to Schedule A.
TL;DR: Ownership disclosure is material to governance; sole voting control over a 7.2% stake can affect shareholder dynamics.
Riot's reported sole voting and dispositive power over nearly 40 million shares signals clear control over how that block will be voted. While 7.2% is below control thresholds, it is a meaningful minority stake that can influence proposals or signal intent depending on size and coordination with other holders. The amendment's reference to Schedule A indicates there were sales since the prior filing, which may affect available free float and governance dynamics depending on quantities disclosed in Exhibit 99.1.
Riot Platforms dichiara la titolarità beneficiaria di 39,918,902 azioni ordinarie di Bitfarms Ltd., pari al 7.2% delle 557,548,857 azioni in circolazione considerate per il calcolo della percentuale. L'emendamento rettifica il Punto 5 per riflettere le informazioni aggregate su azioni e voti riportate nella pagina di copertina e conferma che Riot detiene il diritto di voto esclusivo e il potere dispositivo esclusivo su tali azioni. La documentazione rinvia all'Esibizione 99.1 (Schedule A) per i dettagli sulle azioni ordinarie vendute dalla precedente presentazione di Riot al Schedule 13D e, per il resto, dichiara che nessun amministratore o dirigente ha effettuato transazioni diverse da quelle descritte.
Riot Platforms informa la propiedad beneficiaria de 39,918,902 acciones comunes de Bitfarms Ltd., que representan el 7.2% de las 557,548,857 acciones en circulación utilizadas para el cálculo porcentual. La enmienda rectifica el Punto 5 para reflejar la información agregada sobre acciones y votos que figura en la portada y confirma que Riot tiene el derecho exclusivo de voto y el poder de disposición exclusivo sobre dichas acciones. La presentación remite al Anexo 99.1 (Schedule A) para los detalles de las acciones comunes vendidas desde la última presentación de Riot en el Schedule 13D y, por lo demás, declara que ningún director u oficial realizó transacciones distintas a las descritas.
Riot Platforms는 Bitfarms Ltd.의 보통주 39,918,902주를 실질적으로 보유하고 있음을 보고하며, 이는 백분율 산정에 사용된 총 발행주식수 557,548,857주의 7.2%에 해당합니다. 본 수정서는 표지에 기재된 총 주식 및 의결권 정보를 반영하도록 항목 5를 정정하며, Riot가 해당 주식에 대해 단독 의결권 및 단독 처분권을 보유하고 있음을 확인합니다. 제출서류는 Riot의 마지막 Schedule 13D 제출 이후 매도된 보통주 내역에 대해 상세히 기술한 Exhibit 99.1 (Schedule A)를 참조하고, 그 외 이사나 임원이 기술된 것 외의 거래를 실행하지 않았다고 명시합니다.
Riot Platforms déclare la propriété bénéficiaire de 39,918,902 actions ordinaires de Bitfarms Ltd., représentant 7.2% des 557,548,857 actions en circulation prises en compte pour le calcul du pourcentage. L'amendement reformule le point 5 afin de faire apparaître les informations agrégées sur les actions et les droits de vote figurant en page de couverture, et confirme que Riot détient le droit de vote exclusif et le pouvoir exclusif de disposition sur ces actions. Le dépôt renvoie à l'annexe/Exhibit 99.1 (Schedule A) pour les détails des actions ordinaires vendues depuis la dernière déclaration Schedule 13D de Riot et indique par ailleurs qu'aucun administrateur ni dirigeant n'a réalisé de transactions autres que celles décrites.
Riot Platforms meldet die wirtschaftliche Eigentümerschaft an 39,918,902 Stammaktien von Bitfarms Ltd., was 7.2% der für die Prozentberechnung herangezogenen 557,548,857 ausstehenden Aktien entspricht. Die Änderung stellt Punkt 5 neu, um die auf der Deckseite ausgewiesenen aggregierten Angaben zu Aktien und Stimmrechten widerzuspiegeln, und bestätigt, dass Riot über diese Aktien alleiniges Stimmrecht und alleiniges Verfügungsrecht besitzt. Die Einreichung verweist auf Anlage/Exhibit 99.1 (Schedule A) für Angaben zu seit der letzten Schedule 13D-Einreichung von Riot verkauften Stammaktien und stellt ansonsten fest, dass keine Direktoren oder leitenden Angestellten Transaktionen über die beschriebenen hinaus vorgenommen haben.
FAQ
How many Bitfarms (BITF) shares does Riot Platforms own?
What percentage of Bitfarms does Riot Platforms' stake represent?
Does Riot Platforms have voting control over its Bitfarms shares?
Were any Bitfarms shares sold by Riot since its last Schedule 13D filing?
What source of funds did Riot use for its position in Bitfarms?
Did any Riot directors or officers trade Bitfarms shares since the last filing?
