This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023. About Bitfarms Ltd. A deferral of acceptance of the Rights Plan by the TSX does not affect the adoption or operation of the Rights Plan, which will remain operative and effective for a minimum of six months from the date of adoption on June 10, 2024, unless earlier terminated. Founded in 2017, Bitfarms is a glo ...

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario and BROSSARD, Québec, June 10, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF) ("Bitfarms" or the "Company"), a global Bitcoin vertically integrated company, today announced that its Board of Directors (the "Board") has unanimously approved the adoption of a shareholder rights plan (t ...

TORONTO, Ontario and BROSSARD, Québec, June 10, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF) ("Bitfarms" or the "Company"), a global Bitcoin vertically integrated company, today announced that its Board of Directors (the "Board") has unanimously approved the adoption of a shareholder rights plan (the "Rights Plan") pursuant to a shareholder rights plan agreement entered into with TSX Trust Company, as rights agent, dated June 10, 2024 (the "Effective Date"). The Rights Plan is being adopted to ...

Fleet Upgrade Review - Earned 156 BTC in May 2024 - - Secured additional hydropower in Paraguay with potential to add 6 EH/s in 2025 - - Increased installed hashrate to 9.5 EH/s with 7.5 EH/s operational - - Improved corporate energy efficiency to 27 w/TH, up 31% Y/Y & 13% M/M - - On track to deliver 21 EH/s and 21 w/TH in 2024 - This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated ...

This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario and BROSSARD, Québec, May 31, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (TSX:BITF) ("Bitfarms" or the "Company"), a global Bitcoin vertically integrated company, today announces the results of its annual general and special meeting of shareholders (the "Meeting"), held virtually on May 31, 2024. A ...

Riot Platforms (NASDAQ:RIOT) recently said that it has a more than 9% stake in rival Bitcoin (BTC-USD) miner Bitfarms (NASDAQ:BITF) and wants to buy the firm. The miner has made a $950 million offer to buy Bitfarms after a private approach was rejected. RIOT stock is falling slightly on the news while BITF stock is on the rise. Shares of Riot Platforms opened today at $10.24 per share and a market capitalization of about $3 billion. Meanwhile, BITF opened at $2.23 per share and a market cap roughly $845 mil ...

Company Committed to Maximizing Value for All Shareholders; Strategic Alternatives Process Underway Reaffirms Confidence in Business and Guidance of 21 EH/s and 21 w/TH in 2024 This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario and BROSSARD, Québec, May 29, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF) ("Bitfarms" or the "Company"), ...

For investors who missed the meme stock rally of 2021, there seems to be another opportunity that's brewing. Some of the popular meme stocks have surged in the recent past. It's an indication of the point that the markets are warming-up for another round of euphoria. From a fundamental perspective, there is one factor that can act as a catalyst for a big meme stock rally. The fed is likely to initiate rate cuts in the second half of 2024 as GDP growth decelerates. Of course, the idea is to spur consumption ...

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Good morning, Lucas. Lucas Pipes Jeff. You just mentioned there in your remarks that all the miner costs are kind of covered with the liquidity you have. So in that context, how should we think about the use of the ATM over the balance of this year? Do you expect to raise capital for infrastructure or other reasons? Just curious how you think about that. Thank you very much. Jeff Lucas Sure. So let me, I'll be glad to address your question here. First of all, we have been active with the ATM actually since ...