The Gross Law Firm Reminds Bitfarms Ltd. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 8, 2025 – BITF

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Bitfarms Ltd. regarding a class action lawsuit due to alleged misleading financial statements and internal control deficiencies [1][3]. Summary by Relevant Sections Allegations - The complaint alleges that Bitfarms issued materially false and misleading statements during the class period from March 21, 2023, to December 9, 2024 [3]. - Specific allegations include: - Deficient internal controls over financial reporting [3]. - Incorrect categorization of proceeds from the sale of digital assets as cash flow from operating activities instead of investing activities [3]. - Overstatement of the remediation of material weaknesses in internal controls related to the classification of 2021 Warrants [3]. - Misstatements in previously issued financial statements, which may require restatement [3]. - 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]. - Registration includes enrollment in a portfolio monitoring software for status updates on the case [4]. Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements [5].