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Bullboard - Stock Discussion Forum 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... see more

TSX:BITF - Post Discussion

Bitfarms Ltd > NASDAQ
View:
Post by Hotmetal on Mar 26, 2021 11:10am

NASDAQ

Aside from BTC price and I am bullish my only concern is NASDAQ. I've been studying the criteria and certainly the meet the first in aggregate earnings for past 3 years. I'm not sure they meet the other 3 and only 1 of 4 is required. Has anyone studied this and does anyone have any meaningful guidance on the issue as it is singularly the biggest for market cap upside.
Comment by bidoux67 on Mar 26, 2021 11:28am
I looked through the requirements as well and with what I know I do have concerns. However, management has all their information and lawyers to review whether they would meet the requirements so hoping that they applied knowing they should get approved otherwise why apply. We should know in the next few weeks...probably by late April we will know.
Comment by jonahb on Mar 26, 2021 11:43am
Bitfarms wouldn't have spent the money, time, or hired the people to apply for the NASDAQ if they weren't confident on approval. It's coming, just need to be patient.