The newsboard processes news from the NASDAQ Nordic portfolio company GlobeNewswire, which provides investors with company-relevant information. This relates in particular to events that may be relevant to the listing of companies or tradable financial instruments.
GlobNewswire (formerly PrimeNewswire) specializes in public relations solutions and digital media services. This feed adds another important source of information for investors to the popular X-Billboard portfolio.
- 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 -
- Reiterates Commitment to Value Creation -
- 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 -
TORONTO, Ontario and BROSSARD, Québec, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global vertically integrated Bitcoin mining data center company, will report its second quarter 2024 financial results on Thursday, August 8th, before the market opens. Management will host a conference call on the same day at 8:00 am EST. All Q2 2024 materials will be available before the call and can be accessed on the ‘Financial Results’ section of the Bitfarms investor site.
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.
- Announces Adoption of New Shareholder Rights Plan -
- Reiterates Commitment to Maximize Value for All Shareholders -
- CEO Ben Gagnon to present alongside Bitfarms CFO, Jeff Lucas -
No Shareholder Action Required at this Time
- Earned 189 BTC in June 2024 -
- Increased installed hashrate to 11.4 EH/s with 10.4 EH/s operational -
- Improved energy efficiency to 25 w/TH, up 36% Y/Y and 7.4% M/M -
- Strategic U.S. expansion with 120 MW site, well suited for HPC/AI -
- 2025 power capacity target more than doubles to 648 MW from current 310 MW -
- On track to deliver 21 EH/s and 21 w/TH in 2024; Initiated 2025 guidance of 35+ EH/s -
- Earned 189 BTC in June 2024 -
- Increased installed hashrate to 11.4 EH/s with 10.4 EH/s operational -
- Improved energy efficiency to 25 w/TH, up 36% Y/Y and 7.4% M/M -
- Strategic U.S. expansion with 120 MW site, well suited for HPC/AI -
- 2025 power capacity target more than doubles to 648 MW from current 310 MW -
- On track to deliver 21 EH/s and 21 w/TH in 2024; Initiated 2025 guidance of 35+ EH/s -
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
Reiterates Commitment to Strategic Alternative Review Process to Maximize Shareholder Value
-First U.S. large scale site supports 8 EH/s in 2025 with deployment of 600 PH/s in 2024-
-Strategically located in PJM Interconnection market, providing access to low-cost, flexible power-
-Increases 2025 power capacity to 648 MW, up 170% from current 240 MW-
-Company establishes 2025 guidance of over 35 EH/s-
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