Bitfarms Says Riot Bid 'Significantly Undervalues' Crypto Miner, Is Exploring Options
Bitfarms said it had received additional expressions of interests from other parties.
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May 29, 2024 at 2:39 p.m. UTC
May 29, 2024
Bitfarms
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Riot Plans Hostile Takeover of Bitfarms; Proposes $2.30 Per Share
Riot privately offered its proposal last month, with Bitfarms rejecting it.
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May 28, 2024 at 2:26 p.m. UTC
May 28, 2024
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Bitcoin Miner Bitfarms Expands Operations in Paraguay After Securing 2 Hydropower Contracts
The company will be able to add up to 150 megawatts of energy capacity through the two agreements.
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Jul 19, 2023 at 4:30 p.m. UTC
Jul 19, 2023
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Bitfarms CFO on First Quarter Earnings, Bitcoin Mining Outlook
Bitfarms (BITF) accelerated its stated timeframe for reaching 6 exahash/second (EH/s) of computing power, as its per-share loss narrowed significantly quarter-on-quarter. Bitf...
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May 16, 2023 at 7:37 p.m. UTC
May 16, 2023
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Bitcoin Miner Bitfarms Accelerates 6 EH/s Hashrate Target As Quarterly Loss Per Share Narrows
In Q1 2023, the bitcoin miner's net loss per share narrowed to 1 cent, from 8 cents the previous quarter.
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May 15, 2023 at 12:45 p.m. UTC
May 15, 2023
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Crypto Makes Its Supreme Court Debut; Bitfarms Sinks to Fourth-Quarter Loss
Coinbase argued at the U.S. Supreme Court on Tuesday that its disputes over forcing customers into arbitration should freeze the courts while the arguments play out – a moment...
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Mar 21, 2023 at 7:42 p.m. UTC
Mar 21, 2023
Bitcoin Miner Bitfarms Sinks to Fourth-Quarter Loss as Difficulty, Costs Rise
Bitfarms is shooting for 6 exahash per second of computing power by the end of 2023, the same goal it had set, and missed, for 2022.
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Mar 21, 2023 at 11:38 a.m. UTC
Mar 21, 2023
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Bankrupt Crypto Lender BlockFi Takes Two-Thirds Loss to Settle Bitcoin Miner Bitfarms' Debt
The miner had recently warned it might stop paying off the debt to bankrupt BlockFi.
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Feb 9, 2023 at 12:58 p.m. UTC
Feb 9, 2023
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Bitcoin Miner Bitfarms Warns of Default
Bitcoin miner Bitfarms (BITF) might have already or may in the future stop making installment payments on a $20 million loan from bankrupt crypto lender BlockFi, effectively d...
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Jan 13, 2023 at 5:57 p.m. UTC
Jan 13, 2023
Bitcoin Miner Bitfarms Warns of Default, Looks to Amend BlockFi Loan
The outstanding $20 million loan is secured by only $5 million in assets.
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Jan 13, 2023 at 1:17 p.m. UTC
Jan 13, 2023