In the latest trading session, Bitfarms Ltd. (BITF) closed at $3.01, marking a -1.95% move from the previous day. The stock fell short of the S&P 500, which registered a loss of 1.37% for the day. Meanwhile, the Dow experienced a drop of 1.35%, and the technology-dominated Nasdaq saw a decrease of 1.8%.Shares of the company witnessed a gain of 25.82% over the previous month, beating the performance of the Business Services sector with its gain of 7.99% and the S&P 500's gain of 5.1%.Investors will be eagerl ...

TORONTO, Ontario and BROSSARD, Québec, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ:BITF, TSX:BITF), a global vertically integrated Bitcoin mining company, provides an update for the month ended January 31, 2024. "In 2024, we are embarking on an aggressive growth plan, targeting hashrates of 12 EH/s in 1H 2024 and 21 EH/s in 2H 2024," said Geoff Morphy, President and Chief Executive Officer of Bitfarms. "The new farm development in Paraguay is expected to drive much of this growth. With land purc ...

TORONTO, Ontario and BROSSARD, Québec, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ:BITF, TSX:BITF), a global Bitcoin self-mining company, announced today that Bitfarms' management and directors, led by President & CEO Geoff Morphy and co-founders Nicolas Bonta and Emiliano Grodzki, will ring the closing bell at Nasdaq MarketSite in New York's Time Square on Tuesday, January 30th, 2024 at 4:00 pm ET. "We are honored to celebrate our listing on Nasdaq, which commenced in June 2021," said Geoff Mor ...

With the Federal Reserve halting interest rate hikes, the investment scene favors bullish trends. In fact, the S&P 500 has been on a monumental streak of late, achieving record-high closes in the past week, driven by significant gains in the technology sector.This change, paired with a robust economic outlook, presents a prime opportunity for investors to focus on the stocks with upside. Wealth creation now depends on identifying such stocks ready for substantial long-term growth. As large investors adopt a ...

The latest trading session saw Bitfarms Ltd. (BITF) ending at $2.02, denoting no adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 0.08%. At the same time, the Dow lost 0.26%, and the tech-heavy Nasdaq gained 0.36%.The company's stock has dropped by 37.65% in the past month, falling short of the Business Services sector's gain of 1.34% and the S&P 500's gain of 2.4%.Market participants will be closely following the financial results of Bitfarms Ltd. in its up ...

TORONTO, Ontario and BROSSARD, Québec, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ:BITF, TSX:BITF), a global vertically integrated Bitcoin mining company, announces that it has completed the purchase of land for its new 100 MW production facility in Yguazu, Paraguay. "This transaction, an important step in our recently announced transformative fleet upgrade, expands our LATAM portfolio with low-cost renewable hydropower," said Geoff Morphy, President and CEO of Bitfarms. "The newly acquired land ...

If you prefer to listen to the call on your smartphone, you can download the presentation from there as well. I would like to remind you that this morning Bitfarms issued a press release announcing its third quarter 2023 financial results. Turning to Slide 2, I'll remind everyone that certain forward-looking statements will be made during the call and future results could differ from those implied in these statements. The forward-looking information is based on certain assumptions and is subject to risks an ...

This presentation contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking information") that are based on expectations, estimates and projections as at the date of this presentation and are covered by safe harbors under Canadian and U.S. securities laws. The information in this presentation about future plans and objectives of the Company is forward-looking information. Other forward-looking information includes, but is not limited to, estimates and for ...

Exhibit 99.2 Management's Discussion & Analysis For the three and nine months ended September 30, 2023 Q3 2023 BITFARMS LTD. Management's Discussion & Analysis (In U.S. dollars, except where otherwise indicated) TABLE OF CONTENTS | --- | --- | --- | |-------|----------------------------------------------------------------------------------------------|-------| | 1. | Introduction | 3 | | 2. | Company Overview | 4 | | 3. | Financial Highlights | 5 | | 4. | Third Quarter 2023 Financial Results and Operational ...

So, I'm clear that, the second 7 exahash target includes only the 20 megawatts of the 150 you just acquired in PPAs in Paraguay, right? So there's nothing incremental from Argentina past 50 megawatts just the additional 20 megawatts of Paraguay. Geoff Morphy Correct. Chase White Okay just making sure. Geoff Morphy So, yes. If we infill the 30 megawatts on that 50 megawatts as we expect, I think you'll see us bump our guidance up to sort of that 7.8-ish area. But we're not ready to do that yet. We want --- w ...