NEW YORK, June 04, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Bitfarms Ltd. (NASDAQ: BITF). Shareholders who purchased shares of BITF during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/bitfarms-ltd-loss-submission-form/?id=150962&from=3 CLASS PERIOD: March 21, 2023 to ...

NEW YORK, June 02, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ: BITF) and certain officers. The class action, filed in the United States District Court for the Eastern District of New York, and docketed under 25-cv-02630, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Bitfarms securities between March 21, 2023 and December 9, 2 ...

Core Viewpoint - A class action lawsuit has been filed against Bitfarms Ltd. for alleged violations of federal securities laws, specifically regarding misleading financial reporting and internal control weaknesses [1][2]. Group 1: Lawsuit Details - The lawsuit claims that Bitfarms made false and misleading statements about its financial reporting controls [2]. - It is alleged that the company misclassified proceeds from the sale of digital assets as operating activities instead of investing activities [2]. - The company is accused of overstating its remediation efforts concerning material weaknesses in its internal controls and misstating items in previous financial statements [2]. Group 2: Shareholder Information - Shareholders who purchased Bitfarms securities between March 21, 2023, and December 9, 2024, are encouraged to contact the law firm before July 8, 2025, to participate in the lawsuit [1][3]. Group 3: Law Firm Profile - DJS Law Group specializes in securities class actions, corporate governance litigation, and M&A appraisals, focusing on enhancing investor returns through advocacy [4]. - The firm represents some of the largest hedge funds and alternative asset managers globally, emphasizing the value of litigation claims [4].

Group 1: Market Overview - After a volatile start to 2025 driven by trade tariff uncertainty, investors are seeking assets with strong upside potential, particularly in penny stocks, which are typically priced under $5 and offer a unique mix of risk and reward in uncertain markets [1][2] Group 2: Solid Power (NASDAQ: SLDP) - Solid Power is at the forefront of next-generation battery technology, developing solid-state batteries that promise higher energy density, faster charging, and improved safety compared to traditional lithium-ion batteries [3] - The company is backed by major automotive players Ford and BMW, has entered pilot production, and plans to conduct full-scale testing later in the year [3][4] - SLDP closed at $1.56, down 24% year to date, but has seen a more than 40% increase over the past month, indicating renewed investor interest [4] Group 3: Bitfarms (NASDAQ: BITF) - Bitfarms has gained attention due to the rebound in Bitcoin prices, operating primarily from hydro-powered facilities in Canada and Paraguay, and targeting over 21 exahashes per second by year-end [6][7] - The company could benefit from solid profit margins if Bitcoin prices remain stable, thanks to its energy-efficient operations, although it faces challenges such as capital intensity, price volatility, and regulatory scrutiny [7] - BITF stock is currently trading at $0.92, down 42% for the year, but has surged more than 35% since hitting a yearly low of $0.68 in April, showing signs of momentum [8]

NEW YORK, May 30, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Bitfarms Ltd. ("Bitfarms Ltd." or the "Company") (NASDAQ: BITF) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Bitfarms Ltd. investors who were adversely affected by alleged securities fraud between March 21, 2023 and December 9, 2024. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/bitfarms-ltd-lawsuit-subm ...

Core Viewpoint - A class action lawsuit has been filed against Bitfarms Ltd. for alleged deficiencies in internal controls over financial reporting, leading to misstatements in financial statements and a need for restatement [1][2][3]. Group 1: Allegations and Financial Reporting Issues - The complaint alleges that Bitfarms failed to disclose deficient internal controls over financial reporting, resulting in misclassification of cash flows from digital asset sales [2]. - Bitfarms incorrectly categorized proceeds from digital asset sales as cash flow from operating activities instead of investing activities, leading to inaccuracies in financial statements [2]. - The company overstated its ability to remediate material weaknesses in internal controls, which contributed to the misstatements in previously issued financial statements [2]. Group 2: Impact on Stock Price - Following the announcement of the need to restate financial statements due to material errors, Bitfarms' stock price fell by $0.13 per share, or 6.07%, closing at $2.01 per share on December 10, 2024 [3]. Group 3: Class Action Participation - Shareholders interested in participating in the class action against Bitfarms must file their papers by July 8, 2025, to serve as lead plaintiff [4]. - Shareholders can remain absent class members and still be eligible for recovery without participating in the case [4]. Group 4: Company Background - Robbins LLP is a recognized leader in shareholder rights litigation, focusing on helping shareholders recover losses and improve corporate governance since 2002 [5].

NEW YORK, May 29, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Bitfarms Ltd. (NASDAQ: BITF). Shareholders who purchased shares of BITF during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/bitfarms-ltd-loss-submission-form/?id=150522&from=3 CLASS PERIOD: March 21, 2023 to D ...

NEW YORK, May 29, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Bitfarms Ltd. (NASDAQ: BITF).Shareholders who purchased shares of BITF during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/bitfarms-ltd-loss-submission-form/?id=150505&from=4CLASS PERIOD: March 21, 2023 to December ...

NEW YORK, May 28, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Bitfarms Ltd. (NASDAQ: BITF) between March 21, 2023 and December 9, 2024, both dates inclusive (the “Class Period”), of the important July 8, 2025 lead plaintiff deadline. SO WHAT: If you purchased Bitfarms securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO ...

NEW YORK, May 27, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Bitfarms Ltd. ("Bitfarms Ltd." or the "Company") (NASDAQ: BITF) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Bitfarms Ltd. investors who were adversely affected by alleged securities fraud between March 21, 2023 and December 9, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/bitfarms-ltd-lawsuit-su ...