Core Viewpoint - A class action securities lawsuit has been filed against Bitfarms Ltd. alleging securities fraud that affected investors between March 21, 2023, and December 9, 2024 [1][2]. Group 1: Allegations and Financial Reporting Issues - The lawsuit claims that Bitfarms had inadequate internal controls over financial reporting [2]. - It is alleged that the company misclassified proceeds from the sale of digital assets, categorizing them as cash flow from operating activities instead of investing activities [2]. - The complaint also states that Bitfarms overstated its ability to remediate material weaknesses in its internal controls related to the classification of the 2021 Warrants [2]. - These errors led to misstatements in several previously issued financial statements, which are now deemed inaccurate and likely to require restatement [2]. - Consequently, the public statements made by the company were materially false and misleading during the relevant time [2]. Group 2: Legal Process and Participation - Investors who suffered losses in Bitfarms Ltd. during the specified timeframe have until July 8, 2025, to request appointment as lead plaintiff [3]. - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].

NEW YORK, June 9, 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=151918&from=4CLASS PERIOD: March 21, 2023 to December ...

Core Viewpoint - A class action securities lawsuit has been filed against Bitfarms Ltd. due to alleged securities fraud affecting investors between March 21, 2023, and December 9, 2024 [1] Group 1: Allegations and Financial Reporting Issues - The lawsuit claims that Bitfarms had inadequate internal controls over financial reporting [2] - It is alleged that the company misclassified proceeds from the sale of digital assets, categorizing them as cash flow from operating activities instead of investing activities [2] - The complaint also states that Bitfarms overstated its ability to remediate material weaknesses in its internal controls related to the classification of 2021 Warrants [2] - These errors led to misstatements in several previously issued financial statements, which are now deemed inaccurate and likely to require restatement [2] - Consequently, the company's public statements were materially false and misleading throughout the relevant period [2] Group 2: Legal Process and Participation - Investors who suffered losses in Bitfarms Ltd. during the specified timeframe have until July 8, 2025, to request appointment as lead plaintiff [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3] Group 3: Firm Background - Levi & Korsinsky has a history of securing significant compensation for shareholders and has been recognized as one of the top securities litigation firms in the U.S. for seven consecutive years [4]

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Bitfarms Ltd. securities during the specified Class Period of the upcoming lead plaintiff deadline on July 8, 2025, for a class action lawsuit [1][2]. Group 1: Class Action Details - Investors who bought Bitfarms securities between March 21, 2023, and December 9, 2024, may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by the July 8, 2025 deadline [2]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [3]. - The firm has been consistently ranked among the top firms for securities class action settlements, recovering hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3]. Group 3: Case Allegations - The lawsuit alleges that Bitfarms made false and misleading statements regarding its internal controls over financial reporting, misclassifying cash flows from the sale of digital assets [4]. - It is claimed that these misstatements led to inaccuracies in Bitfarms' financial statements, which may need to be restated, causing investor damages when the truth was revealed [4].

NEW YORK, June 5, 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: WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights o ...

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 ...