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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 > BLACKROCK'S ETF WILL ROCK THE BITCOIN FAMILY IN A BIG WAY
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Post by FirstClasson Jun 29, 2023 8:54am
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Post# 35520139

BLACKROCK'S ETF WILL ROCK THE BITCOIN FAMILY IN A BIG WAY

BLACKROCK'S ETF WILL ROCK THE BITCOIN FAMILY IN A BIG WAY BlackRock is seeking to launch the first spot bitcoin exchange-traded fund in the US, per an SEC filing. The world's largest asset manager filed an application Thursday to launch the iShares Bitcoin Trust. Billionaire crypto investor Mike Novogratz said the ETF, if successful, would be the "best thing" for bitcoin.

YOURS TRULY

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