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Bitfarms Ltd T.BITF

Alternate Symbol(s):  BITF

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

Comment by carterZ21on Jun 04, 2024 8:07pm
108 Views
Post# 36072293

RE:RE:Going 100% HoStile TO?

RE:RE:Going 100% HoStile TO?Hi mrmomo,

I understand your disappointment however, consider this situation. RIOT may not be overly concerned if in fact BITF does have other potential suitors. If we infer that other companies also see compelling value in BITF, it is possible that a superior offer may surface and should RIOT not wish to match/or improve the offer, they still stand to make a tidy sum tendering their shares to the superior offer. Perhaps it was a calculated move on their part from the outset.....just a thought.

Carter
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