Bitfarms agrees to buy Stronghold Digital for $175M in stock and debt

Bitfarms to acquire Stronghold Digital for $175M in stock and assumed debt. Bitfarms’ stock fell 8%, while Stronghold’s rose 60% following the news. Riot Platforms, holding 19% of Bitfarms, previously attempted a takeover in June.

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Bitcoin mining stock analyst: Ben Gagnon is the ‘perfect fit’ to lead BitFarms

Analysts at H. C. Wainwright expressed confidence that Ben Gagnon’s appointment has alleviated a major concern regarding the stock. On July 8, Bitfarms announced the appointment of Ben Gagnon as CEO, effective immediately.

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Bitfarms stock: analyst reiterates Buy rating and $4 price target

HC Wainwright has reiterated a buy rating with a target price of $4 for the Bitfarms (NASDAQ:BITF) stock. According to HC Wainwright analyst Mike Colonnese, Bitfarms is currently one of the “most attractively valued stocks in BTC mining.” The company’s…

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Bitfarms stock up 15% after anouncing large-scale mining site

After rejecting Riot’s takeover bid, Bitfarms announced a project to significantly increase its power capacity and Bitcoin mining capabilities by 2025. Bitfarms entered into an agreement to construct a power plant with a capacity of up to 120 MW and…

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Riot acquires 13% Bitfarms stake as CEO decries ‘poison pill‘ strategy

Bitfarms’ stock price on the Nasdaq has increased more than 56% in the last 30 days amid Riot Platforms’ attempt at a takeover.

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Analyst: Bitfarm’s stock is unjustifiably discounted, sees 75% upside

Analysts from H.C. Wainright believe Bitfarm’s growth strategy is promising, and the stock could have a 75% upside. In a recent market report, the analysts expressed optimism about Bitfarms‘ potential to expand its market share and lower production costs in…

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Bitfarms rejects Riot’s unsolicited acquisition offer

Bitfarms said on May 29 that it rejected Riot Platform’s unsolicited acquisition proposal because the offer undervalued the company. The proposal, received on April 22, offered $2. 30 per common share in a mix of cash and Riot common stock — amounting to a $950 million offer.

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Here’s why BITF, CLSK, and MARA stocks are flying

Bitcoin mining stocks recharged on Friday, becoming some of the best performers in Wall Street. Marathon Digital (MARA) stock surged by more than 12% while Bitfarms (BITF) and Cleanspark (CLSK) surged by more than 10%.

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Bitfarms reports a 7.3% increase in its monthly mining output

Bitfarms produced 411 bitcoins last month and sold 362. The Canadian miner is still lagging behind last year’s figures. Bitfarms stock is currently down 40% versus its recent high. Bitfarms Ltd says its mining output popped 7.

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Bitfarms stock could climb to $2.0: HCW analyst Kevin Dede

HCW analyst says Bitfarms Ltd still has another 40% upside. The bitcoin miner reported strong results for its Q1 this week. Bitfarms stock is already up about 150% for the year at writing. Bitfarms Ltd is already up close to 150% versus the start of the year but an H.

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Bitfarms stock still has another 80% upside from here, analyst says

H. C. Wainwright analyst sees upside in Bitfarms to $2. 0 a share. He explained his constructive view in a research note on Friday. Bitfarms stock has already nearly tripled since the start of 2023.

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Nasdaq warned Bitfarms on possible delisting

The Nasdaq stock market issued a warning to Bitfarms after the bitcoin miner’s share price fell below $1 for thirty days in a row. Nasdaq gave Bitfarms 180 calendar days, or until June 12, 2023, to raise its stock price…

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This bitcoin mining stock is up big on Monday

Shares of Bitfarms Ltd (NASDAQ: BITF) are up more than 15% on Monday after the bitcoin mining company reported its financial results for the second quarter. Bitfarms Q2 financial highlights Net loss printed at $142 million versus the year-ago $4.

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Bitcoin mining stock Bitfarms updates its ‘HODL Strategy’

Bitcoin mining company Bitfarms Ltd. (NASDAQ: BITF) is changing its HODLing as it looks to “improve liquidity and strengthen its balance sheet. ” The Toronto-based miner announced this via a press release on Tuesday.

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Bitcoin vs BTC miner stocks: Bitfarms mining chief explains key differences

Direct BTC purchases and Bitcoin mining stock investments are two “fundamentally different” investment strategies to suit different people and interests, Ben Gagnon says.

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Bitfarms Buys $40 Million Bitcoin

Bitfarms, the stock traded bitcoin miner has announced they bought 1,000 bitcoin during the first week of January, worth $43 million. “Our guiding company strategy at Bitfarms is to accumulate...

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Bitfarms Buys a Hydropower Plant

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Canada’s Largest Green Bitcoin Mining Firm Expands Public Trading With Nasqad Listing

One of the largest Canadian renewable energy-focused cryptocurrency mining firms BitFarms has been listed on the New York-based American stock exchange Market NASDAQ. Cryptocurrency mining firms earn transaction fees in the native token of the specific network such as bitcoin, Ethereum, and Litecoin, for securing and processing transactions on the networks. The firm started as […]

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Bitcoin Mining Firm Bitfarms To Be Traded On Nasdaq

Toronto-based Bitcoin mining firm Bitfarms expects to begin trading under “BITF” on the Nasdaq stock market on June 21.

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Bitfarms разместит акции на Nasdaq

Фондовая биржа Nasdaq одобрила заявку майнинговой компании Bitfarms на размещение акций. 📢 Bitfarms today announces Bitfarms’ application to list its common stock on the @Nasdaq Global Market® was approved by The Nasdaq Stock Market (“Nasdaq”) under the symbol “BITF”.

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Bitcoin Mining Operation Bitfarms to be Listed on Nasdaq Following DTC Eligibility 

The Toronto-based Bitcoin mining operation Bitfarms announced the company has been approved for a common stock listing on Nasdaq Global Market tier. The company is already listed on the Toronto Stock Exchange (TSX) and the firm’s Nasdaq listing will be listed under the ticker symbol “BITF.

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Bitfarms Closes Its Second $15M Private Placement in a Week

Bitfarms was able to sell far few shares for the same amount of proceeds thanks to a 45% rise in its stock price in the last week.

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Israel: Crypto Mining Firm Bitfarms Eyeing Move to Canadian Stock Exchange

It was announced on April 1, 2019, that Bitfarms is applying for listing on the Toronto Stock Exchange, essentially moving from their current home at the Tel Aviv Stock Exchange. Off the Exchange It’s always a source of good news when the blockchain industry makes progress towards mainstream acceptance. Examples of this are when NasdaqRead More

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Continued Bear Market Leads to Delisting of Bitfarms Mining Company from Tel Aviv Stock Exchange

The bear market has left a lot of victims in its path, and there have been many companies that have been forced to shut down their operations to avoid losing anything else. In the Tel Aviv Stock Exchange, the major losses sustained by one crypto mining firm have been substantial enough to pull them off […]

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Israeli Crypto Miner to Be Delisted From Tel Aviv Stock Exchange Due to Bear Market

Israel-based crypto mining company Bitfarms will be reportedly delisted from the Tel Aviv Stock Exchange due to a revenue drop caused by the price decline of Bitcoin last year

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Israeli Crypto Miner Mulls Move to Toronto Stock Exchange

Israel-based crypto mining company Bitfarms will be reportedly delisted from the Tel Aviv Stock Exchange due to a revenue drop caused by the price decline of Bitcoin last year

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Israeli Cryptocurrency Mining Firm Files for Canadian IPO after 6,500 Percent Gains in Tel Aviv Stock Indices

Last week, cryptocurrency mining company Bitfarms filed a preliminary prospectus with the Ontario Securities Commission (OSC) in a bid to offer public shares on one of Canada’s most prominent bourses, reported Calcalistech on November 12, 2018.

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