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Bullboard - Stock Discussion Forum 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... see more

TSX:BITF - Post Discussion

Bitfarms Ltd > Bitcoin up 4000$ a coin today and we’re down ??
View:
Post by keithvictoria41 on Feb 25, 2022 9:54am

Bitcoin up 4000$ a coin today and we’re down ??

Why ?
Comment by Paray99 on Feb 25, 2022 11:43am
You should know the answer if continuing as a crypto investor lol. Nobody trust Bitcoin will be valuable tomorrow. So it doesn't qualify as a risk hedge....  Just yesterday, Kitco's David Lin was asking the same stupid question... He is a crypto advocate for a while... but doesn't understand why Bitcoin is not going up when there is tensions in Europe and other assets are at risk ...more  
Comment by bufordpusser on Feb 26, 2022 12:52pm
why because all your cash on the books was swapped out for bitcoin several weeks ago and now your paying ridiculous interest rates to borrow cash. bitfarms next set of financials will be a disaster that didn't have to happen. hive has 63 million in cash available. 
Bitfarms Ltd
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