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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 > Possibilities....
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Post by agoldbloom on Jun 13, 2024 1:16pm

Possibilities....

At this point, the way RIOT is talking about management, there's a strong incentive for BITF to find another suitor.  That might be what's happening today.  If another miner comes out and says they've purchased the 15% (it's probably a little early for that), that will set up a nice bidding war for BITF.  $5 isn't that far a stretch imo.
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