Bitfarms scheduled a special shareholder meeting for late October as rival bitcoin miner Riot Platforms seeks to replace two of the company’s directors. 

Riot called for the meeting after seeking to acquire Bitfarms via a so-called hostile takeover bid, which was ultimately rejected. 

The meeting’s Oct. 29 date is more than three months from now. 

Bitfarms said in a Friday news release that it was important to give shareholders “a reasonable period of time” to evaluate Riot’s proposal given that Riot “seeks a reconstitution of a majority of the board to gain control of the company.”

Riot has called out Bitfarms for “poor corporate governance practices and consistent…

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