Media Contacts: U.S.: Joele Frank, Wilkinson Brimmer Katcher Dan Katcher or Joseph Sala +1 212-355-4449 Québec: Tact Louis-Martin Leclerc +1 418-693-2425 lmleclerc@tactconseil.ca Bitfarms This forward-looking information is based on assumptions and estimates of management of the Company at the time they were made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future res ...

TORONTO, Ontario and BROSSARD, Quebec, July 01, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/ TSX: BITF), a global vertically integrated Bitcoin mining company, provides its monthly production report and update on its fleet upgrade and expansion. All financial references are in U.S. dollars. Executing on our strategy to cost-effectively expand our U.S. operating footprint, Bitfarms entered into a new agreement to develop a 120 MW site in Sharon, Pennsylvania. Situated strategically within the Pennsylvania ...

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 Ms. Philip is a recognized expert in the blockchain technology field and an accomplished finance executive with an extensive background in audit, public company reporting and mergers and acquisitions. She is the founder of MTI Conseils Inc., an accounting firm that provides outsourced accounting and CFO services ...

TORONTO, Ontario and BROSSARD, Quebec, June 27, 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 has unanimously approved the appointment of Fanny Philip to the Company's Board, effective immediately. With the appointment of Ms. Philip, Bitfarms' Board is now composed of five directors, four of whom are independent. "Bitfarms has tremendous momentum underway, and I am excited t ...

Investing in growth stocks under $10 could prove incredibly lucrative over the long term. However, with megacap stocks dominating the market, it's easy to overlook penny stocks that could become giants in the future. Remember, today's stock market bellwethers began as humble, low-priced stocks. Source: PHOTOCREO Michal Bednarek / Shutterstock.com The firm is targeting an ambitious 35 EH/s in hash rate capacity by 2025, underscoring its commitment to scaling operations. Hence, its forward-thinking approach m ...

Bitfarms issued the following statement: Advisors About Bitfarms Ltd. Reiterates Commitment to Strategic Alternative Review Process to Maximize Shareholder Value 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 The Bitfarms Board of Directors and management team are committed to acting in the best interests of the Company and all of its shareholders. In that r ...

Group 1 - Riot Platforms is pursuing a direct engagement with Bitfarms shareholders, calling for a special shareholder meeting to discuss its acquisition plans [1][2][6] - The company has withdrawn its previous offer of $2.30 per share for all outstanding Bitfarms shares after the offer was rejected by Bitfarms' board [5] - Riot Platforms aims to replace three current Bitfarms board members with independent directors, leveraging its position as the largest investor with a 14.9% stake [6][7] Group 2 - Following Riot Platforms' actions, Bitfarms' stock (BITF) has decreased by 6.1%, with over 12 million shares traded, which is below its daily average of approximately 22 million shares [7]

Bitfarms Ltd (NASDAQ: BITF) opened about 10% down on Monday after Riot Platforms Inc (NASDAQ: RIOT) withdrew its $2.30 per share offer to takeover the bitcoin miner. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins. Shares of Riot Platforms are also in the red at writing. Why did Riot Platforms withdraw its offer for Bitfarms? Copy link to section Bitfarms recently rejected the aforementioned proposal that valued it at about $950 million. The decision ...

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