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Bitcoin miner Bitfarms chair Bonta to step down By Reuters

August 13, 2024
in Stock Market
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(Reuters) – miner Bitfarms stated on Tuesday its co-founder and chair, Nicolas Bonta, will step down from the board, efficient instantly.

Bonta was on the heart of a board battle that Bitfarms’ U.S.-based rival Riot Platforms (NASDAQ:) had waged in opposition to the corporate in April.

© Reuters. A worker checks the fan on a miner, at the cryptocurrency farming operation, Bitfarms, in Farnham, Quebec, Canada, February 2, 2018. Picture taken February 2, 2018. REUTERS/Christinne Muschi/File Photo

Brian Howlett, the lead director of Bitfarms’s board, will exchange the outgoing chair.

Bitfarms additionally named Liam Wilson as its chief working officer, and stated its new CEO Ben Gagnon will be a part of the board.

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