Bitfarms to Announce Q4 and Full Year 2024 Financial Results

Bitfarms Ltd. (NASDAQ/TSX: BITF), a prominent player in the Bitcoin mining industry, has announced plans to disclose its financial performance for the fourth quarter and full year of 2024. The company will release its financial results on March 27, 2025, before the market opens, as per a statement from Bitfarms.

Conference Call Details

Following the release, Bitfarms' management will conduct a conference call at 8:00 am EST on the same day. This call will provide insights into the financial results and offer an opportunity for stakeholders to engage with the management team. Interested parties can access the live webcast and a replay of the conference call through the company’s investor site. Telephone access requires prior registration to obtain dial-in numbers and a unique PIN.

About Bitfarms

Founded in 2017, Bitfarms Ltd. is a global vertically integrated Bitcoin and data center company. It operates 15 Bitcoin mining data centers across the United States, Canada, Paraguay, and Argentina. These centers are primarily powered by hydroelectric energy, aligning with Bitfarms' commitment to sustainable energy use. The company sells computational power to mining pools, which in turn pays Bitfarms in Bitcoin.

Bitfarms' forward-thinking approach to utilizing underused energy infrastructure has positioned it as a leader in the industry, leveraging its vertically integrated model to maintain competitive operational efficiencies and enhance its environmental sustainability efforts.

Industry Context

The Bitcoin mining sector has been under increased scrutiny due to environmental concerns. Companies like Bitfarms have responded by emphasizing renewable energy sources. This industry shift is crucial as regulatory bodies and environmental groups continue to advocate for greener practices within the crypto space.

For more information on Bitfarms and its upcoming events, visit their official site. [source name]