Bitfarms

Highlights: Bitfarms has finalized its Latam exit with a $30M site sale. The proceeds were redirected to North American HPC/AI energy investments. The portfolio is now 100% focused on U.S.-based digital infrastructure. Bitfarms, one of the leading Bitcoin mining firms, […]

Highlights: Bitfarms has announced plans to exit Bitcoin mining and shift focus to AI and HPC data centres. The mining company said it plans to complete the conversion by December 2026. Bitfarms has also partnered with an American data-centre infrastructure […]

Highlights: Bitfarms has launched $500 million convertible notes offering to support operations and expansion plans. Bitfarms’ stock fell after the announcement but remains up over 80% this month. The company plans to use proceeds for general corporate purposes and to […]

Highlights: Bitfarms and Riot Platforms settle, with Riot withdrawing its acquisition bid and agreeing to standstill provisions until 2026. Amy Freedman joins Bitfarms board, replacing Andrés Finkielsztain, as part of the settlement between Bitfarms and Riot Platforms. Riot Platforms retains […]

Highlights: Bitfarms will acquire Stronghold Digital Mining for $164 million, including $50 million in assumed debt. The acquisition boosts Bitfarms’ U.S. power capacity and aims to exceed 950 megawatts by 2025. Stronghold shareholders will receive 2.52 Bitfarms shares per share, […]

Highlights: Bitfarms has secured a site in Sharon, PA, planning to develop up to 120 MW of power capacity by 2025. The new site is part of the PJM Interconnection, offering Bitfarms competitive electricity rates and diverse revenue streams. The […]