Bitfarms Ltd.
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- Follows initial 10,000 miner hosting agreement announced in September –
- Company to Hold Virtual Special Meeting of Shareholders on November 20, 2024 -
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023.
TORONTO, Ontario and BROSSARD, Québec, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global vertically integrated Bitcoin data center company, will report its third quarter 2024 financial results on Tuesday, November 12th, before the market opens. Management will host a conference call on the same day at 8:00 am EST. All Q3 2024 materials will be available before the call and can be accessed on the ‘Financial Results’ section of the Bitfarms investor site.
-This is a required amendment based on the proposed Stronghold Digital Mining acquisition-
- Agreement to support 2.2 EH/s with energization expected in October, two months ahead of schedule -
- Provides Update on Engagement with Riot -
- Special Meeting to be Held In-Person -
- First U.S. large scale site; Increases U.S. footprint ~7x from 20 MW to 140 MW -
- Expands and Rebalances Bitfarms Energy Portfolio to Approximately 50% in the U.S. by YE 2025, Consistent with Strategic Plan -
