April 29, 2025
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Bitfarms Reports 2 Million Loss in Q2
Blockchain

Bitfarms Reports $142 Million Loss in Q2

  • by Sandra
  • August 15, 2022

According to the second-quarter results, Bitfarms, traded on the Nasdaq and Toronto Stock Exchange, posted a net loss of $142 million. According to a press release, the mining company mined 1,257 BTC

Bitfarms abandons its bitcoin hoarding strategy
Blockchain

Bitfarms abandons its bitcoin hoarding strategy

  • by Sandra
  • June 21, 2022

Canadian public mining company Bitfarms has made adjustments to its strategy for storing mined bitcoins to “increase liquidity and strengthen the balance sheet.” According to a press release, the firm sold a