Bitfarms loss widens to $285M as Bitcoin fell, but shares jump anyway
In recent developments, bitfarms said it was impacted by a decline in Bitcoin prices last year. The company is now five months into its pivot from Bitcoin mining to HPC…
Bitfarms Rebrand Signals Strong Push Into HPC and AI Data Centers
In recent developments, bitfarms shareholders have signed off on a sweeping corporate shift that relocates the company to the United States and repositions it as an infrastructure play for artificial…
In Focus: Will Bitfarms’ AI Pivot Work? A Vera Rubin Gambit
In recent developments, bitfarms, one of the largest publicly listed bitcoin miners, has decided to abandon its origins and pivot to the HPC market, shedding its Latam sites to become…
Bitfarms Exits Latam After Paraguayan Site Sale
In recent developments, the mining company reported that it had entered into a purchase agreement with the Sympatheia Power Fund (SPF) to sell its Paso Pe mining site in Paraguay.…
Bitfarms plunges 18% after plan to wind down Bitcoin mining ops
In recent developments, bitfarms said it plans to shift its Bitcoin mining sites over the next two years and convert them to power AI, starting with its major site in…
Bitfarms plunges 18% after plan to wind down Bitcoin mining ops
In recent developments, bitfarms said it plans to shift its Bitcoin mining sites over the next two years and convert them to power AI, starting with its major site in…
