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 > Hopefully Monday is great nasdaq listing gonna explode

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Comment by AlphaJon Jun 21, 2021 5:18am

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Post# 33418927

RE:Hopefully Monday is great nasdaq listing gonna explode

Even though the chinese crackdown is great news for BITF. I doubt we'll see any move here because bullish news in a bear market has no effect. This BTC range bound price is ugly. Oddly, BTC reserves continue to downtrend. It appears as though the last of the short term holders are selling at a loss. Could be another month of this range bound before we see any major upward momentum. BTC shorts are sky rocketing, be interesting to see if we get a short sqeeze.