币界网报道：Bitcoin mining firm Riot Platforms has announced plans to acquire rival Bitfarms in a deal valued at approximately $950 million, aiming to create the world's largest publicly traded bitcoin miner. The all-stock offer represents a 20% premium over Bitfarms' recent share price. Riot, which already owns about 9.25% of Bitfarms, cited operational synergies and geographic diversification as key motivations for the acquisition. The proposed merger would combine Riot's Texas-based operations with Bitfarms' facilities across the U.S., Canada, Paraguay, and Argentina. Bitfarms' board has formed a special committee to evaluate the unsolicited proposal, while Riot has reserved the right to take further action if negotiations stall. The deal comes amid growing consolidation in the bitcoin mining sector following April's halving event, which reduced block rewards by 50%. Both companies have been expanding their infrastructure to prepare for reduced mining profitability.