Bitfarms Ltd. Stock News

NEW YORK, April 04, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Bitfarms Ltd. (NASDAQ: BITF) resulting from allegations that Bitfarms may have issued materially misleading business information to the investing public.

This news release constitutes a “designated news release” for the purposes of the Company's amended and restated prospectus supplement dated December 17, 2024, to its short form base shelf prospectus dated November 10, 2023.

NEW YORK, April 01, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Bitfarms Ltd. (NASDAQ: BITF) resulting from allegations that Bitfarms may have issued materially misleading business information to the investing public.

Bitfarms has shifted from Bitcoin mining to an "energy and compute company," aiming to leverage its electrical capacity for AI data centers. Despite $135M in liquidity, capital expenditures make cash burn a concern, necessitating successful revenue generation from new ventures. The company's transformation introduces speculative risks, including potential share dilution and dependency on BTC pr...

Bitfarms' stock has plummeted nearly 50% in five months, underperforming peers, with a 65% drop from November highs. Q4-24 results show a 21% YoY revenue increase, but a 2% gross margin and a $16.4 million operating loss due to rising costs. Bitfarms sold its Paraguay mine for $85 million to HIVE Digital, reducing future capex needs by $325 million, and is pivoting to HPC/AI compute.

NEW YORK, March 27, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Bitfarms Ltd. (NASDAQ: BITF) resulting from allegations that Bitfarms may have issued materially misleading business information to the investing public.

Bitfarms Ltd. (NASDAQ:BITF ) Q4 2024 Earnings Conference Call March 26, 2025 8:00 AM ET Company Participants Tracy Krumme - SVP of Investor Relations & Corporate Communications Ben Gagnon - Chief Executive Officer & Director Jeffrey Lucas - Chief Financial Officer Conference Call Participants Brett Knoblauch - Cantor Fitzgerald Mike Colonnese - H.C.

Mr. Bond to establish and scale Bitfarms North American HPC/AI business Mr. Bond to establish and scale Bitfarms North American HPC/AI business