Bitfarms Stock Price, News & Analysis

Bitfarms (NASDAQ/TSX: BITF) has announced a strategic partnership with T5 Data Centers to advance HPC/AI development at its Panther Creek campus in Pennsylvania. T5, which serves major U.S. hyperscalers, will provide comprehensive pre-construction design planning and development services.

The collaboration aims to develop a state-of-the-art facility for high-performance computing and AI applications, leveraging Bitfarms' 1 GW pipeline in Pennsylvania. The partnership aligns with recent White House commitments of $90 billion in AI investments and positions Bitfarms to capitalize on Pennsylvania's emergence as a hub for next-generation data center development.

Bitfarms (NASDAQ/TSX: BITF), a global energy and compute infrastructure company, has scheduled its Q2 2025 earnings release and conference call for August 12, 2025. The financial results will be released before market opening, followed by a management-hosted conference call at 8:00 AM EST.

All quarterly materials will be accessible in the 'Financial Results' section of Bitfarms' investor website. Investors can participate through a live webcast or by registering for telephone access.

Bitfarms (NASDAQ/TSX: BITF), a global energy and compute infrastructure company, has announced two significant corporate changes. First, the company will establish a second Principal Executive Office (PEO) in New York City, utilizing the office acquired from Stronghold Digital Mining. Second, Bitfarms will transition from IFRS to U.S. GAAP accounting standards starting with fiscal year 2025.

The company's CEO Ben Gagnon highlighted that these changes follow their successful rebalancing to ~70% North American megawatts in Q1. These initiatives are expected to streamline reporting processes, reduce costs, expand U.S. investor base, and enhance eligibility for stock indices inclusion, supporting Bitfarms' HPC/AI growth strategy.

Bitfarms (NASDAQ/TSX: BITF), a global energy and compute infrastructure company, has announced a significant share buyback program approved by its Board of Directors. The company is authorized to repurchase up to 49,943,031 common shares, representing 10% of its public float, between July 28, 2025, and July 27, 2026.

Daily repurchases on TSX will be limited to 494,918 common shares, while Nasdaq purchases will not exceed 5% of outstanding shares during the program period. CEO Ben Gagnon emphasized that the program reflects management's belief that Bitfarms' shares are undervalued, particularly regarding their Bitcoin business and HPC potential.

The company has established an automatic repurchase arrangement with its designated broker to facilitate purchases during pre-determined blackout periods.

Bybit, the world's second-largest crypto exchange, has announced the listing of three new stocks on its TradFi platform: SharpLink Gaming (NASDAQ: SBET), CleanSpark (NASDAQ: CLSK), and Bitfarms (NASDAQ: BITF).

Notable among these is SBET, which has reportedly acquired 74,656 ETH (valued at $213 million), with 99.7% of its holdings deployed in staking strategies since June. This significant Ethereum position has led analysts to compare SBET to MicroStrategy's Bitcoin strategy, dubbing it "Ethereum's version of MicroStrategy."

Bitfarms (NASDAQ/TSX: BITF), a global Bitcoin data center company, held its annual general and special meeting of shareholders virtually on June 30, 2025. The meeting saw participation from shareholders representing 43.9% of outstanding shares (224,085,154 common shares).

All six director nominees were successfully elected to the board. The company's shareholders approved several key items including: the reappointment of PricewaterhouseCoopers LLP as independent auditors, a new omnibus incentive plan, and a special resolution authorizing a potential future share consolidation of up to 10:1 ratio, which can be implemented at the board's discretion until June 30, 2027.

The share consolidation resolution passed with 202,494,926 votes in favor and 41,590,225 against, while the omnibus incentive plan was approved with 131,083,589 votes in favor and 27,232,799 against.

Bitfarms (NASDAQ/TSX: BITF) reported Q1 2025 financial results showing revenue of $67 million, up 33% year-over-year. The company's gross mining margin decreased to 43% from 63% in Q1 2024. Bitfarms achieved a current hashrate of 19.5 EH/s, a 200% increase from Q1 2024, with improved efficiency of 19 w/TH. Notable developments include securing a $300 million private debt facility with Macquarie Group for HPC project development, completing the Stronghold Digital Mining acquisition, and selling their Paraguay data center. The company reported a net loss of $36 million ($0.07 per share) and Adjusted EBITDA of $16 million. As of May 13, 2025, Bitfarms maintained liquidity of approximately $150 million and held 1,166 BTC.

Bitfarms (NASDAQ/TSX: BITF), a global energy and compute infrastructure company, has announced its upcoming first quarter 2025 financial results release and conference call schedule. The company will release its Q1 2025 financial results on Wednesday, May 14th, 2025, before market opening. Management will host a conference call the same day at 8:00 am ET.

All quarterly materials will be accessible in the 'Financial Results' section of Bitfarms' investor website prior to the call. Interested parties can join through a live webcast, while those preferring telephone access can register to receive dial-in numbers and a unique PIN.

Bitfarms Ltd. (NASDAQ/TSX: BITF), a global energy and compute infrastructure company, has announced its participation in three major upcoming conferences in May 2025:

• Consensus 2025 (May 14-16) in Toronto, Ontario
• AIM Summit London (May 19-20) in London
• BTC 2025 (May 27-29) in Las Vegas, NV

Key executives participating include CEO Ben Gagnon, CFO Jeff Lucas, SVP of Mining Operations Alex Brammer, General Counsel Rachel Silverstein, and SVP of IR & Communications Tracy Krumme. Investors interested in 1x1 meetings can contact investors@bitfarms.com.