- Bitfarms (TSX:BITF), a global and vertically integrated Bitcoin miner, will develop a new up-to-120-MW facility in Sharon, Pennsylvania, bringing its total network to 13 across Canada, the United States, Paraguay and Argentina
- Consideration includes the issuance of 1,532,745 common shares, which are up by 25 per cent since rival Riot Platforms’ unsolicited takeover offer last month
- Bitfarms is a global Bitcoin mining company focused on sustainable and value-accretive growth
- Bitfarms stock has added 134.62 per cent year-over-year, but only 67.89 per cent over the past five years
Bitfarms (TSX:BITF), a global and vertically integrated Bitcoin miner, will develop a new up-to-120-MW facility in Sharon, Pennsylvania, bringing its total network to 13 across Canada, Paraguay, Argentina and the United States.
The facility, under a five-year lease with option to purchase, will benefit from…
