The first quarter of 2025 has been marked by volatility in global stock markets, influenced by geopolitical tensions, trade policies and economic data. While some regions have demonstrated resilience and...
The company plans to use the net proceeds from the stock sale for general corporate purposes, including acquiring Bitcoin.
The venture, focused on large-scale Bitcoin mining and strategic Bitcoin reserves, also named Eric Trump its chief strategy officer.
Bitfarms CEO Ben Gagnon attributed the company’s growth to its transformation from solely a Bitcoin miner into a North American energy and computing company.
Wall Street rallied on Monday, buoyed by the hopes that Trump might soften his tariff stance. The S&P 500 snapped out of a four-week losing streak, rising 1.8%, whereas the Dow Jones Industrial Average...
The new partnership integrates WhiteFiber’s AI-ML optimized GPU cloud with Shadeform’s multi-cloud management capabilities and GPU marketplace.
Bitfarms CEO Ben Gagnon said the acquisition strengthens the company’s presence in the U.S. market, particularly in the PJM region.
The company attributed the drop to the shorter month, a trend observed across the industry, including Bitcoin mining peers Marathon Digital, Core Scientific, and Riot Platforms.
Core Scientific’s stock is down sharply after its latest operational update, with Cantor Fitzgerald lowering its price target on the shares even as retail investors on Stocktwits remain bullish.
With three fewer operational days in February, Marathon and Riot said the shortened month contributed to their lower Bitcoin production.