BITFARMS
Bitfarms Ltd., founded in 2017, is a leading global Bitcoin mining company publicly traded on NASDAQ and TSX under the symbol BITF. With a commitment to sustainability and local energy infrastructure, the company operates 11 active mining farms and has 2 more in development across Canada, the United States, Paraguay, and Argentina. Bitfarms' vertically integrated approach includes in-house management, electrical engineering, installation services, and technical repair centers. Utilizing predominantly environmentally friendly hydro-electric power and long-term contracts, the company's proprietary data analytics system ensures top-notch operational performance and uptime.
Bitfarms (BITF) Reports Record Hashrate Growth and Strategic Expansion in 2024
Bitfarms achieved a 97% year-on-year increase in hashrate, reaching 12.8 EH/s in 2024, alongside strategic expansions in the U.S. and a proposed acquisition of Stronghold Digital Mining.
Bitfarms Updates Prospectus for ATM Equity Offering Amid Stronghold Merger Plans
Bitfarms Ltd. has filed an updated prospectus for its ATM equity offering, aligning with its merger plans with Stronghold Digital Mining and reflecting financial updates.
Bitfarms to Restate Financials Following SEC Review of Digital Asset Proceeds
Bitfarms Ltd. will restate its financial statements for 2022 and 2023 after identifying a material error in the classification of digital asset sale proceeds.
Bitfarms Achieves 12.8 EH/s and Mines 204 BTC in November 2024 Update
Bitfarms reports a significant operational hashrate of 12.8 EH/s for November 2024, earning 204 BTC. The company outlines strategic growth plans and leadership changes.
Bitfarms Expands Board and Appoints Andrew J. Chang as Independent Director
Bitfarms announces board expansion to six members, appointing Andrew J. Chang as an independent director, following a special shareholder meeting. Key shareholder proposals were approved.
Bitfarms (BITF) Reveals Q3 2024 Financial Results Amid Strategic Expansion
Bitfarms Ltd. reports a 30% year-over-year revenue increase for Q3 2024, highlighting strategic expansions and operational enhancements despite industry challenges.
Bitfarms (BITF) Adjusts Q3 2024 Conference Call Schedule
Bitfarms reschedules its Q3 2024 financial results conference call to November 13, 2024. The call will take place at 8:00 am EST, with materials available beforehand.
Bitfarms (BITF) Achieves 236 BTC in October Amid Operational Expansion
Bitfarms Ltd. reports earning 236 BTC in October 2024, with significant operational expansions and hosting agreements, despite challenges in reaching its hash rate targets.
Bitfarms Expands Miner Hosting with Stronghold Digital Mining
Bitfarms Ltd. signs a second 10,000 miner hosting agreement with Stronghold Digital Mining, enhancing operations at Stronghold's Scrubgrass site in Pennsylvania. The move aims to boost efficiency and expand U.S. presence.
Bitfarms (BITF) Proposes Andrew J. Chang for Board of Directors
Bitfarms has nominated Andrew J. Chang for its Board of Directors, expanding the board from five to six members. The election will be held during the special shareholder meeting on November 20, 2024.