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Bullboard - Stock Discussion Forum Bitfarms Ltd T.BITF

Alternate Symbol(s):  BITF

Financial Services Cryptocurrency
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 > Overreaction!
View:
Post by Tradinghands on May 13, 2024 11:47am

Overreaction!

We all knew that the CEO was on his way out so really no surprise there, regardless how earnings come in the company is expanding operation speeding things up so once this blows over and a new CEO is in place which will be positive depending on who they hire Bitfarm will head higher. For all we know another company could come in with an offer to buy Bitfarm out at a premium plus with all the bullish prediction of $100,000+ Bitcoin this blip will be long forgotten. I won't sell but I will add at weakness.
Comment by HarfanddesNeiges on May 13, 2024 1:20pm
The good thing is that the company has appointed its chairman and co-founder, Nicolas Bonta, to the role on an interim basis until it appoints a new CEO Bitfarms shares were down Monday morning after the company said it terminated its chief executive, Geoffrey Morphy, earlier than planned after he launched a lawsuit against the company Friday. Shares were trading 5.5% lower at 2.24 Canadian ...more  
Bitfarms Ltd
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