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Bitfarms Appoints Ben Gagnon as CEO Amid Strategic Review and Riot's Takeover Bid

Gagnon, an insider with extensive experience, steps into CEO role as Bitfarms navigates shareholder disputes and explores growth opportunities.

  • Ben Gagnon, previously Chief Mining Officer, named CEO of Bitfarms.
  • Riot Platforms continues its aggressive takeover attempts, seeking board seats.
  • Bitfarms implemented a 'poison pill' defense to counter Riot's acquisition efforts.
  • Former CEO Geoff Morphy's abrupt termination followed by a $27 million lawsuit.
  • Bitfarms is conducting a strategic review to maximize shareholder value.
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