Riot Platforms wants to buy Bitfarms for $950 million
Riot Platforms offers $950M to acquire Canadian Bitcoin miner Bitfarms. Bitfarms is facing leadership turmoil amid CEO Geoffrey Morphy’s lawsuit. The merger would create largest publicly listed Bitcoin miner by…
Bitfarms mines less BTC in March despite expanding its mining Fleet
Bitfarms mined 286 BTC in March, down from 300 in February. Bitfarms’ fleet upgrade aims for 21 EH/s and 21w/TH efficiency. Bitfarms sold 284 BTC increasing treasury holdings to 806…
Bitfarms announces C$60M private placement with US institutional investors
Bitfarms’s C$60 million private placement with US institutional investors closes on or about November 28. The Canadian bitcoin mining firm will use the proceeds to acquire buy more miners and…
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…
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…
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…