what's bitfarms ltd.?
Bitfarms Ltd. is a global Bitcoin mining company that operates data centers powered by clean, renewable energy sources across North America, South America, and Europe. The company focuses on expanding its hashrate capacity and improving mining efficiency to secure the Bitcoin network while generating revenue through mining operations and holding Bitcoin. Bitfarms is publicly traded and has been diversifying into high-performance computing (HPC) and AI infrastructure to leverage its energy assets. It emphasizes sustainable practices and strategic acquisitions to grow its portfolio of mining facilities.
Bitfarms, a bitcoin miner, listed for potential inclusion in 2x leveraged ETFs.
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x.com/bitfarms_ioListed as one of seven bitcoin mining companies potentially included in upcoming 2x leveraged ETFs.
Sold Paraguay Paso Pe site (70 MW) to Singapore-based Hawksburn Capital for up to $30M, completing exit from Latin America operations.
MSCI considers removing Bitfarms from major JPMorgan-endorsed indexes due to exceeding 50% digital asset holdings, with final decision scheduled for January 15, 2026. Bitfarms appears as #12 on the preliminary list of 38 Digital Asset Treasury Companies flagged for potential exclusion.
Announces complete wind-down of Bitcoin mining operations by 2026-2027 and closes $588 million convertible note to fund transition to GPU-as-a-Service and HPC model, causing shares to drop 17% in early trading before recovering to -3.8%. Reports Q3 2025 revenue of $69 million with adjusted EBITDA of $20 million (28% margin) but net loss widened to $46 million.
DOE issues new FERC directive expediting grid hookups for bitcoin miners in PJM/mid-atlantic region, reducing interconnection timelines by 1-2 years from the current 3-5 year baseline.
Jane Street Group discloses beneficial ownership exceeding 5% via SEC Schedule 13G filing, establishing a new passive institutional stake.
Stock price bounces 5-10% alongside Bitcoin mining sector, ranking 2nd in combined social mentions and 24-hour price performance among major miners.
Stock price drops -27.1%, the largest decline among all Bitcoin mining stocks on the day, extending last week's selloff.
Secures $100M credit line from Macquarie and develops 350-410 MW, 296-acre site for AI/HPC operations.
Completes $500M convertible note offering (increased from previously filed $300M) with 2031 maturity, conversion price at $6.86/share, and capped calls up to $11.88 to limit dilution.
Experiences -21.64% loss, leading Bitcoin mining sector in double-digit losses after recent period of strength.
$BITF becomes available for 24/7 leveraged trading on Vest Markets with up to 10x leverage and zero fees.
Files for $300 million convertible note offering.
Call options up 45% and stock experiences strong price movement alongside other mining stocks as sector attracts AI/HPC infrastructure bid.
Hits all-time high on stock price and daily social mentions simultaneously.
Stock reaches 52-week high among crypto-exposed equities.
Converts $300 million Macquarie debt facility into project-specific financing for Phase 1 of Panther Creek data center in Pennsylvania, with energization targeted by end of 2026.
US governors threaten to pull out of PJM Interconnection grid due to volatile pricing, potentially forcing operational changes for mining operations in the region.
Bitfarms identified as a standout performer among Bitcoin mining stocks this week, outperforming sector peers in current market rally.
Shares soar with sector peers as Bitcoin achieves zettahash hash rate and mining difficulty jumps 8%.
Bitfarms leads crypto stock gains while other Bitcoin vehicles decline.
Infrastructure expansion targets 1.4 GW by end of 2026 with 1 GW dedicated to HPC/AI operations, supported by $200M buyback program.
Announces 50M share buyback program, triggering stock price increase.
Riot continues systematic stake reduction, selling 6.33M additional shares to lower position to 11.2%
Major shareholder continues stake reduction, lowering position to 12.3% as of July 1.
Major shareholder Riot sells additional 6.5M shares, bringing total liquidation to 15M out of 90M share position.
Riot Platforms terminates takeover attempt of mining operations.
Financial income drops 82% year-over-year with $35.9M net loss reported.
Complete shutdown of Argentina mining operations (13% of total capacity) due to power supplier GMSA halt.
Mining production at 268 BTC, ranking below major competitors MARA (705), CLSK (633), RIOT (463), and IREN (579).
Mining operation sells over 100% of March Bitcoin production, part of broader mining sector liquidation trend.
Riot employs irrevocable proxy strategy in active takeover attempt of mining operations.
Strategic governance move limits Riot's voting power to 9.9% via proxy agreement, avoiding 15% poison pill trigger.
Monthly production reaches 280 BTC, ranking mid-tier among major public miners.
Secures $300M debt financing from Macquarie Group for HPC buildout in Pennsylvania.
March 2025 mining production reports 280 BTC, trailing behind competitors CLSK, MARA, and IREN.
$300M secured from Macquarie Group for Pennsylvania mining facility construction.
$300M financing secured from Macquarie at 8% interest for HPC/AI data center development, with initial $50M tranche and 3.5% total dilution.