- Agreement to support 2.2 EH/s with energization expected in October, two months ahead of schedule - - Company reiterates 2024 & 2025 guidance of 21 EH/s & 35+ EH/s, respectively - TORONTO, Ontario and BROSSARD, Québec, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF) ("Bitfarms" or the "Company"), a global leader in vertically integrated Bitcoin data center operations, has entered into a miner hosting agreement (the "Hosting Agreement") with Stronghold Digital Mining Hosting, LLC, a sub ...

The latest trading session saw Bitfarms Ltd. (BITF) ending at $1.99, denoting a -1% adjustment from its last day's close. This change lagged the S&P 500's 1.07% gain on the day. Meanwhile, the Dow experienced a rise of 0.31%, and the technology-dominated Nasdaq saw an increase of 2.17%. Shares of the company have depreciated by 11.84% over the course of the past month, underperforming the Business Services sector's gain of 5.24% and the S&P 500's gain of 2.92%. Market participants will be closely following ...

- Provides Update on Engagement with Riot - - Special Meeting to be Held In-Person - 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, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF) ("Bitfarms" or the "Company"), a global leader in vertically integrated Bitcoin data center operations, today announced ...

- Reiterates Commitment to Value Creation - 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, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global leader in vertically integrated Bitcoin data center operations, today issued the following statement in response to the amended requisition proposal an ...

- 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 ...