<a href="https://ultramining.com/news/en/bitfarms-set-to-boost-mining-capacity-with-quebec-expansion/">Bitfarms</a> Ltd. has announced plans to expand its Board of Directors from 5 to 6 members. The decision will be put to a shareholder vote at a special meeting in November 2024. 
The board expansion aims to enhance corporate governance and provide broader shareholder representation. This move follows significant investments from <a href="https://ultramining.com/news/en/riot-platforms-to-boost-efficiency-with-midas-immersion-coolings/">Riot</a> Platforms, which now owns 19.9% of the shares. 
It is expected that this step will strengthen Bitfarms' market position and enable the company to more effectively achieve strategic goals. Shareholders and analysts are closely monitoring developments within the company.

Bitfarms Plans to Expand Board of Directors to 6 Members

Ultramining_Eng

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