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.

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Bitfarms Ltd > I found this about the Warrents

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Comment by remyken1509on May 26, 2021 9:52pm

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Post# 33273358

RE:RE:RE:RE:RE:I found this about the Warrents

Whats clear also is that bitcoin prices sank from 63k to 40k losing almost 50% of value. multiply this by 1000 btcs and that hurts (they claim to have saved 1000 btcs, not 568) When you have that kind of money sitting in your coffers, and you still take a hit on your bottom line implies two things: creating shareholder value is not really your main driver or for whatever the reason, you cant tap into wealth and thats scary. Lets see how the market reacts tomorrow. GLTA

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