Bitfarms .(BITF)
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Bitfarms Ltd. (BITF) Hits New High on Bullish Rating, PT
Yahoo Finance· 2025-10-14 13:09
We recently published 10 Stocks Stealing Wall Street’s Spotlight. Bitfarms Ltd. (NASDAQ:BITF) is one of the best performers on Monday. Bitfarms extended its winning streak to an 8th straight day on Monday to climb to a new all-time high, as investors took heart from an investment firm’s more-than-doubled price target and optimistic rating for its stock. In the intra-day session, Bitfarms Ltd. (NASDAQ:BITF) surged to its highest price of $5.42 before paring gains to end the day just up by 28.33 percent at ...
Bitfarms CFO Jeff Lucas to retire as Jonathan Mir named successor
Yahoo Finance· 2025-10-14 12:58
Bitfarms (BITF) announced that Chief Financial Officer Jeff Lucas will retire effective October 27, 2025, and will be succeeded by Jonathan Mir. Lucas will remain with the company through Q1 2026 as a strategic financial advisor and consultant to ensure a smooth transition. Get these headlines directly to your inbox: subscribe to Blockspace. Mir brings more than 25 years of capital markets experience in energy infrastructure, having served as Head of North American Power, Energy & Infrastructure at Lazard ...
Bitfarms Announces the Retirement of Jeff Lucas, Chief Financial Officer, and the Appointment of Jonathan Mir as Successor
Globenewswire· 2025-10-14 11:00
Jonathan Mir brings 25+ years’ capital markets experience in energy infrastructureThis news release constitutes a “designated news release” for the purposes of the Company’s second amended and restated prospectus supplement dated December 17, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO and NEW YORK, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF) (the “Company”), a North American energy and digital infrastructure company, today announced the appointment ...
Bitcoin Miners Lead Crypto Stock Bounce as OpenAI-Broadcom Deal Fuels AI Trade
Yahoo Finance· 2025-10-13 19:31
Group 1: Market Recovery and Performance - Crypto mining stocks, particularly Bitfarms (BITF) and Cipher Mining (CIFR), saw significant gains of 26% and 20% respectively on Monday, recovering from Friday's market downturn [1] - Other mining companies like Bitdeer (BTDR), IREN (IREN), and MARA Holdings (MARA) also advanced around 10%, indicating optimism in the market due to AI compute demand [1] Group 2: Influential Deals and Partnerships - OpenAI's partnership with Broadcom (AVGO) to develop custom chips for AI and machine learning may have contributed to positive market sentiment [2] - Bloom Energy (BE) announced a $5 billion deal with Brookfield Asset Management to deploy fuel cells in data centers, addressing the energy demands of AI [2] Group 3: Market Context and Investor Sentiment - The gains in the crypto sector followed a steep downturn due to heightened trade tensions between the U.S. and China, with Trump imposing a 100% increase in tariffs on Chinese goods [3] - Investor concerns eased over the weekend, leading to a 2.1% increase in the Nasdaq and a 1.4% increase in the S&P 500 on Monday [3] Group 4: Other Crypto-Related Stocks - Other crypto-related companies experienced modest gains, with Strategy (MSTR) rising 2.8% and Robinhood increasing by 1% [4] - BitMine (BMNR) reported a nearly 7% bounce after purchasing over 200,000 Ethereum tokens worth over $840 million, capitalizing on recent price dips [4]
Forget Saylor's MSTR — Bitfarms' AI Power Play Has Wall Street Talking $12 Next - Bitfarms (NASDAQ:BITF)
Benzinga· 2025-10-13 18:06
Core Insights - Bitfarms Ltd. is pivoting from cryptocurrency mining to high-performance computing and AI infrastructure, leveraging a $300 million project financing arrangement with Macquarie Group [2][12] - The company has experienced a significant stock rally, with shares rising over 20% recently, indicating a potential trend reversal and strong buying momentum [6][10] Financial Developments - Bitfarms converted its private debt facility with Macquarie into a project financing arrangement, allowing for greater flexibility and faster access to capital [2][3] - The total funding drawn from the facility now stands at $100 million, aimed at advancing equipment orders and civil works for the Panther Creek data center in Pennsylvania [2] Market Positioning - The company is well-positioned to capitalize on the growing demand for data centers in Pennsylvania, which is emerging as a new AI hub [3] - Comparisons are being made between Bitfarms and Strategy Inc., highlighting the potential for digital asset firms to reinvent themselves as AI-finance hybrids [12] Technical Analysis - Bitfarms' stock has broken above a multi-year resistance zone, with the next key resistance levels identified at $6.50–$7.00, and a potential target of $12.00 if the breakout continues [6][11] - The daily chart shows strong buying momentum, with the stock climbing from a $1.00 base and crossing above all major moving averages [10]
Bloom Energy, USA Rare Earth, Broadcom, Tesla And Other Big Stocks Moving Higher On Monday - Broadcom (NASDAQ:AVGO), American Battery Tech (NASDAQ:ABAT)
Benzinga· 2025-10-13 14:44
Market Overview - U.S. stocks experienced an upward trend, with the Dow Jones index increasing by approximately 500 points on Monday [1] Bloom Energy Corporation - Bloom Energy Corporation's shares surged by 25.5%, reaching $109.03, following the announcement of a $5 billion partnership with Brookfield Asset Management to advance AI infrastructure [2][1] - The partnership will focus on deploying Bloom's technology for global AI factory projects, including a European site expected to be announced by the end of the year [1] American Battery Technology Company - American Battery Technology Company's shares rose by 35% to $9.11 after completing all required NEPA baseline studies for its Tonopah Flats Lithium Project, one of the largest lithium projects in the U.S. [4] Rare Earth Mineral Stocks - Stocks related to rare earth minerals saw significant gains, with Critical Metals Corp. increasing by 34% to $20.08 and USA Rare Earth, Inc. rising by 26% to $40.96, following President Trump's consideration of increased tariffs on Chinese products [4] - United States Antimony Corporation's shares rose by 24.4% to $15.20, while MP Materials Corp. gained 21.8% to $95.47 amid ongoing strength in the sector [4] Semiconductor Companies - Semiconductor stocks experienced a boost, with Broadcom Inc. rising by 9.3% to $354.83 after announcing a collaboration with OpenAI to deploy 10 gigawatts of AI accelerators [4] - Taiwan Semiconductor Manufacturing Company Limited gained 7.5% to $301.79, reflecting overall market strength and increased trader confidence [4] Tesla, Inc. - Tesla, Inc. shares increased by 3.5% to $428.14, as the company recorded its second-highest monthly sales in China for 2025 during September, indicating continued growth in the Chinese market [4]
美股加密货币概念股盘前反弹
Ge Long Hui A P P· 2025-10-13 08:27
格隆汇10月13日|BITF涨近16%,IREN涨超8%,BMNR、CIFR涨超7%,HOOD、Circle、CLSK涨超 5%。 ...
Bitfarms soars 13% as it draws additional $50 million from Macquarie debt facility
Yahoo Finance· 2025-10-10 14:53
Bitfarms (BITF) shares surged 13% in the U.S. morning session on news that it had converted its previously announced Macquarie private debt facility into a project-specific loan of up to $300 million to fund Phase 1 of its Panther Creek campus. The company immediately drew an additional $50 million to speed equipment orders and kick off civil works and substation construction. Get these headlines directly to your inbox: subscribe to Blockspace. The original facility, arranged through Macquarie’s Commodit ...
Bitfarms Converts Macquarie Debt Facility to $300M Project Financing and Draws Additional $50M to Accelerate HPC/AI Development at Panther Creek Campus
Globenewswire· 2025-10-10 13:25
Core Insights - Bitfarms Ltd. has converted a previously announced private debt facility of up to $300 million into a project-specific financing facility for the development of its Panther Creek data center campus in Pennsylvania [2][3] - The company plans to draw an additional $50 million from this facility, bringing the total drawn amount to $100 million, to expedite equipment purchases and advance HPC/AI development [2][3] Financing and Development - The financing facility will support the civil works and substation construction at Panther Creek, which is scheduled to begin in Q4 2025 [3] - The conversion of the debt facility to a project level allows Bitfarms to draw down the full amount, accelerating construction timelines and providing increased flexibility [3] - The Panther Creek campus is expected to have a capacity of 350 MW and is positioned to meet the growing demand for HPC/AI infrastructure in Pennsylvania [3] Market Position and Infrastructure - Pennsylvania is emerging as a new hub for AI infrastructure, with Bitfarms well-positioned to deliver advanced digital infrastructure for potential clients [3] - Bitfarms operates a 1.3 GW energy pipeline, with over 80% of its projects based in the U.S., focusing on areas with strong access to power and fiber infrastructure [4]
Bitfarms (BITF) Soars to New High on AI Prospects
Yahoo Finance· 2025-10-09 09:00
Core Insights - Bitfarms Ltd. (NASDAQ:BITF) has experienced significant stock price growth, reaching a new all-time high as investors show increased interest in Bitcoin mining stocks transitioning to high-performance computing (HPC) services to meet AI data center demands [1][3]. Group 1: Stock Performance - Bitfarms' stock rose to a 52-week high of $4.04, closing the day up 15.27% at $4 per share, reflecting a broader industry rally driven by increased dealmaking activities [2]. - The company has seen a five-day consecutive rally, indicating strong investor confidence and market momentum [1]. Group 2: Strategic Shift - The CEO of Bitfarms announced plans to gradually shift the company's services towards HPC and AI, capitalizing on higher growth prospects in these sectors [3]. - The company aims to create long-term shareholder value by converting energy assets from Bitcoin mining to HPC and AI, potentially unlocking a significant multiple expansion to 20-30x [4]. Group 3: Operational Capacity - Bitfarms currently operates 14 data centers across the US, Canada, and Paraguay, with a total power capacity of 421 megawatts, positioning the company well for the anticipated growth in AI and HPC services [5].