Bitfarms
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Bitfarms

https://bitfarms.com/
Last activity: 11.11.2024
Active
Categories: BlockchainComputerCryptoEconomyFinTechInfrastructureNetworksTechnology
𝘾𝙤𝙢𝙥𝙪𝙩𝙞𝙣𝙜 𝙥𝙤𝙬𝙚𝙧 𝙩𝙤 𝙧𝙚𝙨𝙝𝙖𝙥𝙚 𝙩𝙝𝙚 𝙬𝙤𝙧𝙡𝙙
We are a blockchain infrastructure company that operates one of the largest cryptocurrency mining operations in North America.
NASDAQ 🇺🇸 - TSXV 🇨🇦: BITF

Bitfarms operates blockchain computing centres that power the global decentralized financial economy. We provide computing power to cryptocurrency networks such as Bitcoin, earning fees from each network for securing and processing transactions. Powered by clean and competitively priced hydroelectricity, we operate five facilities in Québec, Canada.

Bitfarms exploite des centres d’informatique blockchain qui alimentent l’économie financière décentralisée mondiale. Bitfarms fournit une puissance de calcul aux réseaux de crypto-monnaie tels que Bitcoin, en percevant des frais de chaque réseau pour la sécurisation et le traitement des transactions. Alimentée par une hydroélectricité propre et à des prix compétitifs, Bitfarms exploite cinq installations au Québec, Canada.
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Location: Canada, Montérégie, Brossard
Employees: 51-200
Phone: +1 833-248-3276
Total raised: $475M
Founded date: 2017

Funding Rounds 2

DateSeriesAmountInvestors
08.03.2024-$375M-
31.12.2021-$100M-

Mentions in press and media 47

DateTitleDescription
11.11.2024Bitcoin's Meteoric Rise: A New Era for Crypto TradersThe cryptocurrency landscape is a volatile sea, and recent events have sent shockwaves through its waters. The recent surge in Bitcoin prices has left many short sellers floundering. The catalyst? The election of Donald Trump as President. ...
11.11.2024Bitcoin surge triggers billions in losses for crypto short traders after Trump winFuture of MoneyBitcoin surge triggers billions in losses for crypto short traders after Trump win By Shashwat ChauhanNovember 11, 20242:29 PM UTCUpdated ago Text Small Text Medium Text Large Text Share X Facebook Linkedin Email Link Item 1 ...
23.09.2024Bitfarms reaches agreement with Riot, Freedman appointed to boardBitcoin miner Bitfarms said on Monday it had entered into a settlement agreement with rival and top shareholder Riot Platforms, under which Amy Freedman was appointed to its board. Freedman, a former investment banker who has helped compani...
11.09.2024Crypto Market Shifts Amid Political TurbulenceThe cryptocurrency market is a tempestuous sea, constantly shifting with the winds of political sentiment. Recent events have stirred the waters, causing U.S. crypto stocks to dip as the political landscape changes. The recent presidential ...
11.09.2024US crypto stocks fall on rising bets on Harris' win after presidential debateMarketsUS crypto stocks fall on rising bets on Harris' win after presidential debate By Manya SainiSeptember 11, 202412:01 PM UTCUpdated ago Text Small Text Medium Text Large Text Share X Facebook Linkedin Email Link A bitcoin is seen in an...
09.09.2024SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates EVGR, CDAQ, SDIG on Behalf of ShareholdersNEW YORK, Sept. 9, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders rela...
29.08.2024The Energy Tug-of-War: AI vs. Bitcoin MiningThe landscape of energy consumption in the United States is shifting. Two giants are at odds: artificial intelligence (AI) and bitcoin mining. Both sectors are hungry for power, but their appetites are clashing in a race for limited resourc...
27.08.2024Bitcoin Miners Are in M&A Mode: Architect Partners Is Bitcoin Dirty? Reviewing The Bitcoin Mining’s Documentary With Alana MediavillaThe bitcoin mining sector is in the middle of a wave of M&A, the report said. Architect Partners said miners want to secure large data center capacity with access to low cost power and capital. The effect of miner concentration is yet t...
27.08.2024SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates CFB, SDIG, BUSE on Behalf of ShareholdersNEW YORK, Aug. 27, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders rela...
24.08.2024The Future of Cryptocurrency: Key Insights from H.C. Wainwright's 26th Annual Global Investment ConferenceThe cryptocurrency landscape is a shifting terrain. Each year, industry leaders gather to navigate its complexities. The 26th Annual Global Investment Conference, hosted by H.C. Wainwright & Co., is set to take place from September 9-11...
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