Welcome to our dedicated page for Bitfarms news (Ticker: BITF), a resource for investors and traders seeking the latest updates and insights on Bitfarms stock.
Bitfarms Ltd. (BITF) operates at the forefront of cryptocurrency mining and blockchain infrastructure across North and South America. This dedicated news hub provides investors and industry observers with timely updates on operational milestones, strategic partnerships, and technological advancements from one of the sector's most vertically integrated companies.
Discover official press releases covering earnings results, facility expansions, and energy management innovations alongside analysis of market developments impacting BITF's operations in Canada, the United States, Argentina, and Paraguay. The curated collection emphasizes the company's unique integration of data center operations with renewable energy solutions.
Key updates include developments in computational efficiency, mining capacity growth, and blockchain ecosystem contributions. All content maintains strict adherence to factual reporting without speculative commentary, serving both casual observers and professional analysts.
Bookmark this page for streamlined access to BITF's evolving story in the cryptocurrency sector. Check regularly for authoritative updates directly from corporate communications and verified industry sources.
Bitfarms announces the termination of CEO Geoffrey Morphy and the appointment of Nicolas Bonta as interim CEO. Morphy filed a claim against the Company, seeking damages of USD$27 million, which Bitfarms believes are without merit. The CEO executive search is nearing completion, with a new CEO expected to be appointed in the coming weeks.
Bitfarms , a global Bitcoin mining company, earned 269 BTC in April 2024, improved energy efficiency by 9%, and expects to reach 21 EH/s and 21 w/TH in 2024. The company anticipates a VAT refund of US $23.7M from Canada. Fleet upgrades are progressing well, with the company on track to achieve its targets. April mining operations generated 269 BTC, impacted by the BTC Halving and network difficulty increase. Bitfarms sold 245 BTC, increasing treasury holdings to 830 BTC.
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