In the recent controversy surrounding corporate strategies and acquisition attempts in the cryptocurrency mining sector, Bitfarms and Riot have found themselves embroiled in a dispute. In a formal statement, Bitfarms clearly stated that the upcoming special meeting is not about governance issues as claimed by Riot, but rather in response to Riot's proposal for an advantageous acquisition of Bitfarms. This proposal was perceived by Bitfarms as a means to increase the value for Riot shareholders while disregarding the rights of Bitfarms' shareholders. Bitfarms further emphasized that Riot had refused to engage in constructive dialogue in their past interactions, instead resorting to public attacks and actions aimed at harming the interests of other Bitfarms shareholders. It is noteworthy that Bitfarms pointed out that its recent board and leadership changes were independent initiatives aimed at enhancing operational efficiency within the company, not to cater to Riot's specific interests or secure its approval. Currently, there remains skepticism regarding whether the directors nominated by Riot will strengthen the overall strength of the board.