A committee of the board considering the approach “determined it significantly undervalues the company and its growth prospects,” the Toronto-based firm said Wednesday. “In order to advance discussions with Riot in a meaningful manner, the committee requested customary confidentiality and non-solicitation protections to which Riot did not respond.” Source: https://www.coindesk.com/business/2024/05/29/bitfarms-says-riot-bid-significantly-undervalues-crypto-miner-is-exploring-options/?utm_medium=referral&utm_source=rss&utm_campaign=headlines