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Bitfarms Ltd(BITF-T)
TSX

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Stocks in play: Bitfarms Ltd.

Baystreet - Fri Dec 1, 2023

Provides a monthly update for November 2023. According to CEO Geoff Morphy, “In November, we delivered solid performance in the face of network difficulty increases from more miners coming online going into the 2024 Halving and, in anticipation of the Halving, we initiated our 2024 transformative fleet upgrade plan. We placed a firm purchase order for 35,888 high-performance Bitmain T21 miners, which are scheduled for deliveries from March 2024 to May 2024.” Bitfarms Ltd. shares T.BITF are trading up $0.15 at $2.11.

Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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