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Processa, a publicly traded biopharmaceutical company, announced a strategic investment and plans to incorporate cryptocurrency into its corporate financial management strategy. The company has hired LifeSci Capital as an advisor to assist with the implementation of related strategies.
On May 29, it was reported that Canadian bitcoin mining company Bitfarms responded to an unsolicited acquisition proposal from Riot Platforms that Riot intends to acquire 100% of Bitfarms' common shares, including cash and Riot common shares, at a price of $2.30 per common share. Bitfarms said that a special committee of the board of directors composed only of independent directors carefully considered the proposal and determined that the proposal significantly undervalues the public...
