Bitfarms Ltd. Class Action: The Gross Law Firm Reminds Bitfarms Ltd.

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Bitfarms Ltd. regarding a class action lawsuit due to alleged misleading statements and deficiencies in financial reporting [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from March 21, 2023, to December 9, 2024 [3]. - Allegations include that Bitfarms maintained deficient internal controls over financial reporting, misclassified cash flows from the sale of digital assets, and overstated its ability to remediate material weaknesses in its internal controls [3]. Financial Misstatements - The company is accused of misstating various items in its previously issued financial statements, which may require restatement [3]. - As a result of these errors, the public statements made by the company were materially false and misleading throughout the relevant period [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by July 8, 2025, to participate in potential recovery [4]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case [4]. Law Firm's Commitment - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices [5]. - The firm seeks recovery for investors who suffered losses due to false or misleading statements that inflated the company's stock [5].