Riot Platforms is a company that mines bitcoin, which means they help create new bitcoins using powerful computers. They wanted to buy another bitcoin mining company called Bitfarms for almost $1 billion, but Bitfarms said no. So instead of buying all of Bitfarms, Riot Platforms decided to buy a small part of it, about 9% of its shares. This way they can still be connected with Bitfarms and make more money together. Read from source...

- The title is misleading and sensationalized. It should be something like "Riot Platforms Attempts To Acquire Bitfarms But Fails" or "Bitfarms Rejects $950 Million Offer From Riot Platforms".
- The article does not provide any context on why Riot wanted to buy out Bitfarms, such as their strategic goals, competitive advantages, synergies, etc. It also does not explain how the proposed acquisition would benefit both companies and their stakeholders.
- The article uses vague and ambiguous terms like "one of the largest publicly listed Bitcoin mining firms with broad geographic operations" without providing any quantitative or comparative data to support this claim. It also does not specify what constitutes as a large or broad operation in the Bitcoin mining industry, nor how it would compare to other players such as Riot itself, Core Scientific (CORZ), HIVE Blockchain Technologies (HVBT), etc.
- The article quotes Riot Executive Chairman Benjamin Yi without providing any background information on him or his qualifications to make such a statement. It also does not mention any response from Bitfarms' board of directors, their rationale for rejecting the offer, or any alternative plans they have for the future.
- The article ends with an unrelated advertisement for Benzinga APIs, which has no relevance to the topic or the readers. It also uses outdated and inappropriate terminology such as "Market News and Data" and "Benzinga simplifies the mark", which could be confusing or misleading for some audiences.