Rising Costs and Shrinking Margins Leave Bitfarms with a Deepening Net Loss In Q3 2024
Bitfarms (TSX: BITF) released its third-quarter financials for 2024 this morning, reporting total revenue of $45 million for the quarter
Read more
Bitfarms Ltd
Bitfarms Produces 236 BTC in October
Bitfarms (TSX: BITF) on Friday reported its bitcoin production data for the month of October. The company indicated that it
Read more
Bitfarms To Acquire Stronghold Digital Mining For US$175 Million
Bitfarms (TSX: BITF) is set to expand its bitcoin mining capacity with the acquisition of Stronghold Digital Mining (NASDAQ: SDIG)
Read more
Bitfarms Rejects US$950 Million Take-out Offer From Riot Platforms
Bitfarms Ltd (TSX: BITF) has seen an offer come in from Riot Platforms (NASDAQ: RIOT) to acquire the company in
Read more
Bitfarms Hits Hashrate Milestone Of 7 EH/s For Bitcoin Mining
Bitfarms Ltd (TSX: BITF) is reporting this morning that it has reached a new milestone in computing power. The company
Read more
Bitfarms Shrugs Off Weak Bitcoin Pricing In Q4, Posts Positive Adjusted EBITDA
On March 21, Bitfarms Ltd. (NASDAQ: BITF), one of the world’s leading Bitcoin miners, reported 4Q 2022 results that were down sequentially
Read more
Bitfarms Reaches $7.8 Million Settlement On $21 Million Debt Facility
It appears that a gamble by Bitfarms Ltd (TSX: BITF) to default on its debt as a means of renegotiating
Read more
Bitfarms Sees Flat Bitcoin Production In January As Debt Paydown Continues
Bitfarms Ltd (TSX: BITF) was the first crypto miner to post production figures for the month of January this morning.
Read more
Bitfarms Considers Defaulting On $20 Million Loan To Renegotiate Debt
In further crypto contagion, Bitfarms Ltd (TSX: BITF) this morning revealed that it is undergoing financial difficulties to some degree.
Read more
Bitfarms Improves December Production 9% While Continuing To Sell Off Bitcoin Holdings
Bitfarms Ltd (TSX: BITF) is looking to start 2023 off on a strong note, with the firm indicating this morning
Read more