For investors who missed the meme stock rally of 2021, there seems to be another opportunity that's brewing. Some of the popular meme stocks have surged in the recent past. It's an indication of the point that the markets are warming-up for another round of euphoria. From a fundamental perspective, there is one factor that can act as a catalyst for a big meme stock rally. The fed is likely to initiate rate cuts in the second half of 2024 as GDP growth decelerates. Of course, the idea is to spur consumption ...

About this content About William Farrington William kickstarted his career as a researcher and reporter for a global legal publication, covering everything from public law to M&A. Before moving to Proactive Investors, he worked as a reporter for a major fintech company with a focus on cryptocurrency and blockchain technology. Harking from Queensland, Australia, William obtained first-class honours in journalism and media from Birkbeck University before going on to complete an MA in creative and critical wri ...

Good morning, Lucas. Lucas Pipes Jeff. You just mentioned there in your remarks that all the miner costs are kind of covered with the liquidity you have. So in that context, how should we think about the use of the ATM over the balance of this year? Do you expect to raise capital for infrastructure or other reasons? Just curious how you think about that. Thank you very much. Jeff Lucas Sure. So let me, I'll be glad to address your question here. First of all, we have been active with the ATM actually since ...

2 Stifel European NDR NICOLAS BONTA Co-Founder, Chairman and Interim CEO #8 Performing stock on Nasdaq in 2023!* * Full year 2023. Source: Bloomberg As of April 1, 2024 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 presentat ...

Bitfarms Ltd. (BITF) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.01 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this company would post a loss of $0.04 per share when it actually produced a loss of $0.06, delivering a surprise of -50%. Over the last four quarters, the company has surpassed ...

BITFARMS LTD. NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Expressed in thousands of U.S. dollars, except data relating to number of PPE, shares, warrants, options and digital assets - unaudited) 8 Page These Financial Statements do not include all the information required for full annual financial statements and should be read in conjunction with the audited annual consolidated financial statements of the Company and the notes thereto for the year ended December 31, 2023. 9 Page NOTE 3 ...

Key Points The cryptocurrency mining sector was once a symbol of booming growth and rapid innovation, but it now faces a series of daunting challenges. Rising energy costs are squeezing profit margins, and recently, the Bitcoin halving event cut the rewards to mining companies in half. These headwinds are forcing many miners to reevaluate their business models and seek new avenues for sustainable growth. Despite this industry shakeup, a powerful new business model is emerging, poised to redefine the future ...

TORONTO, Ontario and BROSSARD, Québec, May 14, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (TSX:BITF), a global Bitcoin vertically integrated company, secured an additional 100 MW at its Yguazu site through an amendment to the existing 100 MW Power Purchase Agreement (PPA) with the Paraguay state- owned utility, ANDE. This amendment doubles capacity at this site to 200 MW with scheduled deployment for 2025. This sustainable hydropower will be provided at a contractual low cost of approximately 3.9 cents per kWh, ...

TORONTO and BROSSARD, Québec, May 13, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (TSX:BITF), a global vertically integrated Bitcoin mining company, announces that it will report first quarter results on Wednesday, May 15, 2024, before the market opens. As a result, the conference call has been rescheduled for the same day at 8:00 am ET. A presentation of the Q1 2024 results will be accessible before the call on the Investor website and can be accessed here. Participants may join by calling 877-545-0523 (domesti ...

TORONTO and BROSSARD, Québec, May 13, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global vertically integrated Bitcoin mining company, announces that it will report first quarter results on Wednesday, May 15, 2024, before the market opens. As a result, the conference call has been rescheduled for the same day at 8:00 am ET. A presentation of the Q1 2024 results will be accessible before the call on the Investor website and can be accessed here. Participants may join by calling 877-545-0523 ...