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Bitfarms Ltd T.BITF

Alternate Symbol(s):  BITF

Technology Software - Application
Bitfarms Ltd. is a Canada-based global vertically integrated bitcoin mining company. The Company develops, owns, and operates vertically integrated mining farms with in-house management and Company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Company’s proprietary data analytics system delivers operational performance and uptime. The Company operates through the cryptocurrency mining segment. The Company operates server farms comprised of computers (Miners) designed for the purpose of validating transactions on the Bitcoin (BTC) Blockchain (Mining). The Company also operates Miners about 24 hours a day producing computational power (measured by hashrate) which it sells to Mining Pools under a formula-driven rate commonly known as Full Pay Per Share (FPPS). The Company has 11 farms, which are located in four countries: Canada, the United States, Paraguay, and Argentina.


TSX:BITF - Post by User

Bitfarms Ltd > Close to 21% Dilution Effect of the Financing
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Comment by krightg9boon Jan 05, 2021 10:35am
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Post# 32223273

RE:Close to 21% Dilution Effect of the Financing

RE:Close to 21% Dilution Effect of the FinancingIf I may attempt a prediction, if BTC reaches its peak of 34K USD by tomorrow at the closing of the announced financing, BITF will move to 4.00$.  If the momentum of BTC keeps going as I think it will, we might be at 8.00 USD by the end of this week.  GLTA
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