Bitfarms Ltd. Files 6-K Reporting Settlement Agreement
Ticker: BITF · Form: 6-K · Filed: Sep 23, 2024 · CIK: 1812477
| Field | Detail |
|---|---|
| Company | Bitfarms Ltd (BITF) |
| Form Type | 6-K |
| Filed Date | Sep 23, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: settlement, legal-agreement, foreign-private-issuer
Related Tickers: RIOT
TL;DR
Bitfarms settled up with Riot Platforms, Inc. on 9/23/24. Details in 6-K.
AI Summary
On September 23, 2024, Bitfarms Ltd. filed a Form 6-K to report a Settlement Agreement with Riot Platforms, Inc., dated September 23, 2024. This agreement is a key document included as part of the filing.
Why It Matters
This filing indicates a resolution or agreement between Bitfarms Ltd. and Riot Platforms, Inc., which could impact their ongoing business relationship and potentially their financial standing.
Risk Assessment
Risk Level: medium — Settlement agreements can involve significant financial or operational implications that are not fully detailed in this initial report.
Key Players & Entities
- Bitfarms Ltd. (company) — Registrant
- Riot Platforms, Inc. (company) — Party to Settlement Agreement
- September 23, 2024 (date) — Date of Settlement Agreement
- Ben Gagnon (person) — Chief Executive Officer of Bitfarms Ltd.
FAQ
What is the nature of the Settlement Agreement between Bitfarms Ltd. and Riot Platforms, Inc.?
The filing does not provide specific details about the terms of the Settlement Agreement, only that it was entered into on September 23, 2024.
What is the significance of filing a Form 6-K for Bitfarms Ltd.?
A Form 6-K is a report of foreign private issuers that provides current information to the SEC, often including material events or agreements.
What is Bitfarms Ltd.'s principal executive office address?
Bitfarms Ltd.'s principal executive offices are located at 110 Yonge Street, Suite 1601, Toronto, Ontario, Canada M5C 1T4.
Who signed this Form 6-K on behalf of Bitfarms Ltd.?
Ben Gagnon, Chief Executive Officer, signed the Form 6-K on behalf of Bitfarms Ltd.
Does Bitfarms Ltd. file annual reports under Form 20-F or Form 40-F?
Bitfarms Ltd. files annual reports under Form 40-F.
Filing Stats: 174 words · 1 min read · ~1 pages · Grade level 9.7 · Accepted 2024-09-23 16:34:42
Filing Documents
- ea021534701-6k_bitfarms.htm (6-K) — 12KB
- ea021534701ex99-1_bitfarms.htm (EX-99.1) — 151KB
- ex99-1_001.jpg (GRAPHIC) — 4KB
- 0001213900-24-081053.txt ( ) — 169KB
From the Filing
OF FOREIGN PRIVATE ISSUER UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of September 2024 Commission File Number: 001-40370 BITFARMS LTD. (Translation of registrant’s name into English) 110 Yonge Street, Suite 1601, Toronto, Ontario, Canada M5C 1T4 (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F DOCUMENTS INCLUDED AS PART OF THIS FORM 6-K See the Exhibit listed below. Exhibits Exhibit No. Description 99.1 Settlement Agreement, dated September 23, 2024, by and among Bitfarms Ltd. and Riot Platforms, Inc. 1 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. BITFARMS LTD. By: /s/ Ben Gagnon Name: Ben Gagnon Title: Chief Executive Officer Date: September 23, 2024 2