- Expands and Rebalances Bitfarms Energy Portfolio to Approximately 50% in the U.S. by YE 2025, Consistent with Strategic Plan - - Provides Clear Path to 950 MW Active Power Capacity - - Adds 4.0 EH/s to Bitfarms' Hashrate with Expansion Capacity of Potentially Over 10 EH/s with Fleet Refresh - - Vertically Integrates into Power Generation with 165 MW of Nameplate Generated Power Capacity - - Adds 142 MW of PJM Import Capacity with Long Term Expansion Potential up to 790 MW- - Conference Call at 8:30 AM ET ...

For crypto investors, blockchain stocks are important assets to consider. These publicly-traded companies provide liquid exposure to broader crypto trends. Accordingly, if Bitcoin (BTC-USD) prices rise (which likely means other digital asset prices are increasing), these companies tend to outperform on a relative basis. And being able to buy and sell shares in these stocks on an exchange can provide the simplicity many investors are looking for. Unfortunately, betting on any one of the following three block ...

-CEO Ben Gagnon Appointed to the Board; Lead Director Brian Howlett appointed Independent Chairman- -Co-Founder and Chairman Nicolas Bonta to Step Down- -Seasoned Operating Executive Liam Wilson to Join as Chief Operating Officer- 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, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Bitfarms ...

Bitfarms Ltd. (NASDAQ:BITF) Q2 2024 Earnings Conference Call August 8, 2024 8:00 AM ET Company Participants Ben Gagnon - Chief Executive Officer Jeff Lucas - Chief Financial Officer. Tracy Krumme - Senior Vice President, Head of IR and Corporate Communications Conference Call Participants Mike Colonnese - H.C. Wainwright Mike Grondahl - Northland Securities Fedor Shabalin - B. Riley Martin Toner - ATB Capital Joe Flynn - Compass Point Research & Trading Thomas Shinske - Cantor Fitzgerald Operator Good mor ...

Bitfarms Ltd. (BITF) came out with a quarterly loss of $0.07 per share versus the Zacks Consensus Estimate of a loss of $0.11. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 36.36%. A quarter ago, it was expected that this company would post a loss of $0.03 per share when it actually produced a loss of $0.02, delivering a surprise of 33.33%. Over the last four quarters, the company has surpasse ...

Bitfarms (BITF) is scheduled to release its second-quarter 2024 results on Aug 8, before market open. BITF's earnings surprise history has not been impressive. Earnings lagged the Zacks Consensus Estimate in three of the trailing four quarters and surpassed once, delivering a negative earnings surprise of 47.5%, on average. Q2 Expectations The Zacks Consensus Estimate for the company's revenues is pegged at $44.6 million, indicating a 25.7% increase from the year-ago quarter's actual. Growth in the top line ...

TORONTO, Ontario and BROSSARD, Québec, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global vertically integrated Bitcoin mining data center company, will report its second quarter 2024 financial results on Thursday, August 8th, before the market opens. Management will host a conference call on the same day at 8:00 am EST. All Q2 2024 materials will be available before the call and can be accessed on the 'Financial Results' section of the Bitfarms investor site. Participants may join ...

TORONTO, Ontario and BROSSARD, Québec, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global vertically integrated Bitcoin mining data center company, will report its second quarter 2024 financial results on Thursday, August 8th, before the market opens. Management will host a conference call on the same day at 8:00 am EST. All Q2 2024 materials will be available before the call and can be accessed on the 'Financial Results' section of the Bitfarms investor site. Participants may join ...

- Earned 253 BTC in July 2024 & Increased HODL to 1,016 BTC - - Increased Operational Hashrate to 11.1 EH/s - 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, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global vertically integrated Bitcoin mining data center company, provides its monthly product ...

Investors should also take note of any recent adjustments to analyst estimates for Bitfarms Ltd. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential. To follow BITF in the coming trading sessions, be sure to utilize Zacks.com. Shares of the company have depreciated by 4.85% over the course of the past month, underperforming the Business Servi ...