Bitfarms to Ring Nasdaq Closing Bell on January 30th

Rhea-AI Summary

Bitfarms Ltd. announces that its management and directors will ring the closing bell at Nasdaq MarketSite in New York's Time Square to celebrate its listing on Nasdaq and highlight its 2023 ranking as the 8th top performing stock. The event will be webcast live on January 30th, showcasing the company's transformational growth strategy and strong trajectory in the Bitcoin and mining industry.

TORONTO, Ontario and BROSSARD, Québec, Jan. 29, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ: BITF // TSX: BITF), a global Bitcoin self-mining company, announced today that Bitfarms’ management and directors, led by President & CEO Geoff Morphy and co-founders Nicolas Bonta and Emiliano Grodzki, will ring the closing bell at Nasdaq MarketSite in New York’s Time Square on Tuesday, January 30^th, 2024 at 4:00 pm ET.

"We are honored to celebrate our listing on Nasdaq, which commenced in June 2021," said Geoff Morphy. “Achieving a dual-listing status has provided us access to a broader set of institutional investors and enabled us to increase trading liquidity. Ringing the closing bell highlights our 2023 ranking as the 8^th top performing stock on Nasdaq, our transformational growth strategy, and our strong trajectory as Bitcoin and the mining industry gain industry adoption around the globe.”

The event will be webcast live on January 30^th from 3:45 pm ET to 4:00 pm ET and can be viewed with the following links to Nasdaq and the Company website:

https://www.nasdaq.com/marketsite/bell-ringing-ceremony

https://investor.bitfarms.com/news-events/ir-calendar

About Bitfarms Ltd.

Founded in 2017, Bitfarms is a global, publicly traded (NASDAQ/TSX: BITF) Bitcoin mining company that contributes its computational power to one or more mining pools from which it receives payment in Bitcoin. Bitfarms develops, owns, and operates vertically integrated mining farms with in-house management and company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Company’s proprietary data analytics system delivers best-in-class operational performance and uptime.

Bitfarms currently has 11 farms in production, one in expansion, one under construction, and one in development, in four countries: Canada, the United States, Paraguay, and Argentina. Powered by predominantly environmentally friendly hydro-electric and long-term power contracts, Bitfarms is committed to using sustainable, locally based, and often underutilized energy infrastructure.

To learn more about Bitfarms’ events, developments, and online communities:

Website: www.bitfarms.com

https://www.facebook.com/bitfarms/
https://twitter.com/Bitfarms_io
https://www.instagram.com/bitfarms/

Contacts:

Investor Relations:

Tracy Krumme (Bitfarms)
+1 786-671-5638
tkrumme@bitfarms.com

David Barnard (LHA)
+1 415-433-3777
Investors@bitfarms.com

Media:

Actual Agency
Khushboo Chaudhary
+1 646-373-9946
mediarelations@bitfarms.com

Québec Media: Tact
Louis-Martin Leclerc
+1 418-693-2425
lmleclerc@tactconseil.ca

FAQ

What is the ticker symbol for Bitfarms Ltd. on NASDAQ and TSX?

The ticker symbol for Bitfarms Ltd. is BITF on both NASDAQ and TSX.

When will Bitfarms Ltd. management and directors ring the closing bell at Nasdaq MarketSite?

Bitfarms Ltd. management and directors will ring the closing bell at Nasdaq MarketSite on January 30th, 2024 at 4:00 pm ET.

What is the significance of Bitfarms' dual-listing status on Nasdaq?

Bitfarms' dual-listing status on Nasdaq has provided access to a broader set of institutional investors and increased trading liquidity.

Where can the live webcast of the event be viewed?

The live webcast of the event can be viewed on Nasdaq's website and Bitfarms' investor relations calendar on January 30th from 3:45 pm ET to 4:00 pm ET.