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  Title	Bitfarms (BITF) 2025 Stock Surge: Bitcoin Miner's $500M Windfall & AI Pivot Fuel Rally
  ID	29807724
  External ID	5ec525b031234ebd14de75f2af741ea5
  Author	Mateusz Kaczmarek
  Published Date	Nov. 4, 2025, 8:37 a.m.
  Summary	Bitfarms (BITF) 2025 Stock Surge: Bitcoin Miner's $500M Windfall & AI Pivot Fuel Rally - TechStock²
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  URL	https://ts2.tech/en/bitfarms-bitf-2025-stock-surge-bitcoin-miners-500m-windfall-ai-pivot-fuel-rally
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  Content ID	37322081
  Key	0a03b87a-5218-460b-9e63-99e87eb94927
  Content	Company Profile: Bitfarms Ltd. (NASDAQ/TSX: BITF) is a Toronto- and New York-based Bitcoin mining company operating large-scale, vertically integrated mining data centers across North and Latin America [1] [2] . Founded in 2017, Bitfarms has grown into one of the larger publicly traded Bitcoin miners with roughly 17–19 EH/s of hash rate capacity as of mid-2025 [3] [4] . The company is expanding beyond crypto mining into high-performance computing (HPC) and AI data centers, leveraging its energy infrastructure and expertise to diversify revenue [5] . Bitfarms Ltd. (NASDAQ/TSX: BITF) is a Toronto- and New York-based Bitcoin mining company operating large-scale, vertically integrated mining data centers across North and Latin America . Founded in 2017, Bitfarms has grown into one of the larger publicly traded Bitcoin miners with roughly 17–19 EH/s of hash rate capacity as of mid-2025 . The company is expanding beyond crypto mining into high-performance computing (HPC) and AI data centers, leveraging its energy infrastructure and expertise to diversify revenue . Stock Performance: Bitfarms' stock has skyrocketed in 2025, reflecting the Bitcoin price boom and the company's strategic pivot. Shares hit a 52-week high of $5.66 (USD) in mid-October [6] – a ~197% increase year-over-year [7] . As of November 4, 2025, BITF trades around $4.2 on Nasdaq (about C$5.8 on the TSX) [8] , giving the company a market capitalization near $2.3 billion . Over the last 52 weeks, the stock is up over 112% , massively outperforming the S&P 500 [9] . The stock's rise has been underpinned by improving fundamentals and bullish sentiment, though volatility remains high (beta ~4.4) [10] . Bitfarms' stock has skyrocketed in 2025, reflecting the Bitcoin price boom and the company's strategic pivot. Shares hit a 52-week high of (USD) in mid-October – a ~197% increase year-over-year . As of November 4, 2025, BITF trades around on Nasdaq (about on the TSX) , giving the company a market capitalization near . Over the last 52 weeks, the stock is up over , massively outperforming the S&P 500 . The stock's rise has been underpinned by improving fundamentals and bullish sentiment, though volatility remains high (beta ~4.4) . Recent Financials: Bitfarms' financial results have improved markedly with the crypto market upswing. Revenue in 2024 was $192.9 million (up 32% YoY) [11] , and growth accelerated in 2025. In Q2 2025 , Bitfarms posted revenue of $78 million , a jump of +87% year-on-year [12] . First-half 2025 revenue totaled ~$145 million, putting the firm on pace for well over $300 million in annual sales. Mining margins have been healthy but slightly compressed – Q2 gross mining margin was 45% (down from 51% in Q2 2024 due to higher energy costs and network difficulty) [13] . The bottom line remains in the red: Bitfarms reported a net loss of $29 million in Q2 (–$0.05 per share) [14] and has negative TTM earnings (~–$86M net loss over the past 12 months) [15] . However, the company generates positive adjusted EBITDA ($14M in Q2) and about $8M/month in mining free cash flow [16] [17] . Balance Sheet: Liquidity is strong – as of Q2 2025 Bitfarms held $230 million in liquid assets ( ~$85M cash + $145M in Bitcoin) [18] , and it has dramatically bolstered its cash war chest with recent fundraising (see below). The company's current ratio is a solid 3.1, indicating healthy short-term liquidity [19] , though debt levels have risen with new financing. Bitfarms' financial results have improved markedly with the crypto market upswing. in 2024 was $192.9 million (up 32% YoY) , and growth accelerated in 2025. In , Bitfarms posted revenue of , a jump of year-on-year . First-half 2025 revenue totaled ~$145 million, putting the firm on pace for well over $300 million in annual sales. have been healthy but slightly compressed – Q2 gross mining margin was (down from 51% in Q2 2024 due to higher energy costs and network difficulty) . The bottom line remains in the red: Bitfarms reported a in Q2 (–$0.05 per share) and has negative TTM earnings (~–$86M net loss over the past 12 months) . However, the company generates positive adjusted EBITDA ($14M in Q2) and about $8M/month in mining free cash flow . Liquidity is strong – as of Q2 2025 Bitfarms held in liquid assets ( ~$85M cash + $145M in Bitcoin) , and it has dramatically bolstered its cash war chest with recent fundraising (see below). The company's current ratio is a solid 3.1, indicating healthy short-term liquidity , though debt levels have risen with new financing. Major October Developments: In late 2025, Bitfarms made headline moves to fuel its growth. Funding Boost – $588M Convertible Notes: On Oct. 21, Bitfarms closed an upsized offering of $588 million in convertible senior notes due 2031 (1.375% coupon) [20] . The notes carry an initial conversion price of ~$6.86 (30% above the Oct 16 share price) [21] , and Bitfarms even purchased capped calls to avoid dilution up to a 125% premium (cap price ~$11.88) [22] [23] . This opportunistic raise massively strengthened Bitfarms' balance sheet – the CEO noted the funds, combined with cash, Bitcoin holdings, and an existing credit facility, boosted total liquidity to over $1 billion [24] . The cash influx provides 'financial firepower and flexibility' to accelerate the company's U.S. expansion into HPC/AI infrastructure [25] . Project Financing: Earlier in Oct., Bitfarms converted its planned Macquarie Group debt line into a $300M project-specific loan for its flagship Pennsylvania data center campus, drawing an initial $100M ($50M newly drawn in October) to kick-start construction at the Panther Creek site [26] . Energization of this 350 MW facility is expected by year-end 2026 [27] , and the funds will accelerate equipment procurement and substation build-out for HPC and AI computing capacity [28] . Leadership Change: On Oct. 14, Bitfarms announced the retirement of CFO Jeff Lucas (who had served 4 years) and the appointment of Jonathan Mir as the new CFO effective Oct. 27 [29] . Mir brings 25+ years in energy infrastructure finance (ex-Lazard and Bank of America) to help drive Bitfarms' transition into a broader digital infrastructure company [30] [31] . Lucas will remain as an advisor through Q1 2026 to ensure a smooth handoff [32] . These moves signal a deepening focus on capital markets and project financing expertise as Bitfarms pivots to energy-intensive AI data centers alongside Bitcoin mining. In late 2025, Bitfarms made headline moves to fuel its growth. On Oct. 21, Bitfarms closed an upsized offering of in convertible senior notes due 2031 (1.375% coupon) . The notes carry an initial conversion price of ~$6.86 (30% above the Oct 16 share price) , and Bitfarms even purchased capped calls to avoid dilution up to a 125% premium (cap price ~$11.88) . This opportunistic raise massively strengthened Bitfarms' balance sheet – the CEO noted the funds, combined with cash, Bitcoin holdings, and an existing credit facility, boosted total liquidity to . The cash influx provides 'financial firepower and flexibility' to accelerate the company's U.S. expansion into HPC/AI infrastructure . Earlier in Oct., Bitfarms converted its planned Macquarie Group debt line into a for its flagship Pennsylvania data center campus, drawing an initial $100M ($50M newly drawn in October) to kick-start construction at the Panther Creek site . Energization of this 350 MW facility is expected by year-end 2026 , and the funds will accelerate equipment procurement and substation build-out for HPC and AI computing capacity . On Oct. 14, Bitfarms announced the (who had served 4 years) and the appointment of as the new CFO effective Oct. 27 . Mir brings 25+ years in energy infrastructure finance (ex-Lazard and Bank of America) to help drive Bitfarms' transition into a broader digital infrastructure company . Lucas will remain as an advisor through Q1 2026 to ensure a smooth handoff . These moves signal a deepening focus on capital markets and project financing expertise as Bitfarms pivots to energy-intensive AI data centers alongside Bitcoin mining. Analyst & Investor Sentiment: Wall Street has grown bullish on BITF amid its strong performance. Analyst Ratings: The stock carries a Moderate/Strong Buy consensus. As of early November, 7 out of 8 analysts rate Bitfarms 'Buy' , with only one seller dissenting [33] . Price targets have been rising: for example, H.C. Wainwright upgraded its target from $4.00 to $5.50 after recent developments (reiterating a Buy rating on Oct. 29) [34] , and Northland Securities issued a Street-high $7.00 target in October [35] . The average 12-month target is around $4.75 [36] , roughly 10–15% above the current price – though the more bullish analysts clearly envision significant upside if Bitfarms' initiatives bear fruit. Institutional interest in Bitfarms stock is on the rise as well. Notably, hedge fund Thames Capital disclosed in late October that it accumulated 7.03 million shares (~$20M worth) of BITF during Q3 2025 [37] [38] , making Bitfarms a new core holding. As of Oct. 27, when BITF was $4.54, the stock had outpaced the S&P 500 by 110 percentage points over the past year [39] , a performance not lost on growth-focused funds. Despite the huge rally, some observers caution that the stock's valuation may be running hot relative to current earnings (it trades above fair value on some models and carries a high P/E due to negative earnings) [40] . Still, overall investor sentiment is optimistic that Bitfarms' growth trajectory and Bitcoin's strength can justify the rally. Wall Street has grown bullish on BITF amid its strong performance. The stock carries a consensus. As of early November, rate Bitfarms , with only one seller dissenting . Price targets have been rising: for example, H.C. Wainwright upgraded its target from $4.00 to after recent developments (reiterating a Buy rating on Oct. 29) , and Northland Securities issued a Street-high target in October . The 12-month target is around , roughly 10–15% above the current price – though the more bullish analysts clearly envision significant upside if Bitfarms' initiatives bear fruit. in Bitfarms stock is on the rise as well. Notably, hedge fund disclosed in late October that it accumulated (~$20M worth) of BITF during Q3 2025 , making Bitfarms a new core holding. As of Oct. 27, when BITF was $4.54, the stock had over the past year , a performance not lost on growth-focused funds. Despite the huge rally, some observers caution that the stock's valuation may be running hot relative to current earnings (it trades above fair value on some models and carries a high P/E due to negative earnings) . Still, overall investor sentiment is optimistic that Bitfarms' growth trajectory and Bitcoin's strength can justify the rally. Recent News & Operations (Late Oct – Early Nov 2025): Beyond the financing and CFO news, Bitfarms has kept investors updated with operational progress. The company will report Q3 2025 earnings on Nov 13, 2025 [41] , and analysts expect another strong quarter (consensus revenue ~$84–85M, per Seeking Alpha) [42] . Bitfarms' monthly Bitcoin production has likely benefitted from higher BTC prices, though exact October mining figures are pending. One challenge has been Argentina: Bitfarms decided to shut down its Argentina mining facility by November 2025 due to a government-related power supply cutoff and economic instability in that region [43] . The closure will reduce the company's hash rate by a few exahash, but management noted it should improve overall efficiency and costs – and Bitfarms expects to recover ~$18M through avoided liabilities and sale of equipment from the Argentina exit [44] . Meanwhile, construction prep at the Panther Creek, PA campus is underway (groundbreaking slated Q4 2025) [45] , backed by the Macquarie project financing. Bitfarms also opened a second corporate office in New York and initiated a share buyback program in late July, authorizing repurchases of up to 10% of the public float over 12 months [46] [47] . By early August the company had already bought back ~4.9 million shares (10% of its initial buyback allotment) at an average ~$1.24/share [48] – an indication that management viewed the stock as deeply undervalued in the summer. No major regulatory hiccups or lawsuits have emerged in recent days; in fact, Bitfarms appears to be capitalizing on a favorable market window to expand aggressively. Beyond the financing and CFO news, Bitfarms has kept investors updated with operational progress. The company will report , and analysts expect another strong quarter (consensus revenue ~$84–85M, per Seeking Alpha) . Bitfarms' monthly Bitcoin production has likely benefitted from higher BTC prices, though exact October mining figures are pending. One challenge has been Argentina: Bitfarms decided to due to a government-related power supply cutoff and economic instability in that region . The closure will reduce the company's hash rate by a few exahash, but management noted it should overall efficiency and costs – and Bitfarms expects to recover ~$18M through avoided liabilities and sale of equipment from the Argentina exit . Meanwhile, construction prep at the Panther Creek, PA campus is underway (groundbreaking slated Q4 2025) , backed by the Macquarie project financing. Bitfarms also opened a second corporate office in New York and initiated a in late July, authorizing repurchases of up to 10% of the public float over 12 months . By early August the company had already bought back ~4.9 million shares (10% of its initial buyback allotment) at an average ~$1.24/share – an indication that management viewed the stock as deeply undervalued in the summer. No major regulatory hiccups or lawsuits have emerged in recent days; in fact, Bitfarms appears to be capitalizing on a favorable market window to expand aggressively. Sector Context – Bitcoin Mining Tailwinds & Challenges: Bitfarms' fortunes are closely tied to the broader crypto mining sector, which has seen a resurgence in 2025. Bitcoin Price Surge: Bitcoin's price has soared above $100,000 in 2025, hitting an all-time high around $126K in late October before a sharp pullback [49] . As of early November, BTC is trading near $110K [50] – roughly triple its value from a year ago. This rally, driven by post-halving supply cuts and increased institutional adoption, has massively boosted mining revenue per BTC. Bitfarms reported that in Q2 it earned an average of ~$98,000 per Bitcoin mined [51] , whereas a year prior that figure was much lower. High prices, however, come with rising competition : global Bitcoin network hash rate has climbed to record levels in 2025, meaning mining difficulty is up and each miner's share of block rewards is harder-earned. Companies like Bitfarms have raced to expand capacity (Bitfarms roughly tripled its hash rate from 6.5 EH/s in early 2024 to ~19.5 EH by mid-2025 through acquisitions and buildouts [52] ). Mining Economics: Despite the April 2024 Bitcoin halving (which cut block rewards from 6.25 to 3.125 BTC), the price surge has kept mining highly profitable. Bitfarms' direct cost of production was ~$48K per BTC in Q2 [53] , so at ~$100K BTC price the gross mining margin is very attractive (50%+). Miners are essentially printing cash again – but volatility remains a constant risk. The October 'tariff shock' that briefly knocked Bitcoin down by ~$20K in a day [54] is a reminder that macro or regulatory events can swing crypto markets violently. Energy Costs: Electricity is the single largest operating cost for Bitcoin miners, and energy market trends have been a mixed bag. Power prices spiked globally in 2022–2023 but have stabilized or eased in many regions in 2024–2025. Bitfarms has strategically located its operations for cheap, reliable power: it leverages hydroelectric energy in Québec and Washington, uses cost-effective sites in Paraguay (though it sold one Paraguayan farm in 2025 [55] ), and in Pennsylvania it even owns power generation assets acquired via Stronghold. These moves aim to insulate Bitfarms from energy price inflation. Still, miners face scrutiny over how they use energy – especially in jurisdictions concerned about grid strain or carbon emissions. Regulatory Climate: Globally, crypto mining remains legal in most countries (following China's 2021 ban), but regulators are taking a harder look at environmental and financial impacts. In the U.S., there's no federal ban on Bitcoin mining, but states are charting their own paths. For example, New York enacted a moratorium on new fossil-fueled mining in 2022 and in October 2025 New York lawmakers proposed an excise tax on crypto mining operations to offset environmental costs [56] . Conversely, states like Texas and Georgia have been welcoming miners with incentives. Even at the local level, noise and zoning ordinances can affect mining farms (a New Hampshire bill in late 2025 sought to preempt local anti-mining rules) [57] [58] . Bitfarms, by focusing on jurisdictions with 'strong political support for data center development' [59] (e.g. Pennsylvania, Washington, Québec), has positioned itself on the friendly side of this divide. Another regulatory angle is financial: the SEC has scrutinized crypto miners on accounting (e.g. how they value digital assets) – Bitfarms is proactively transitioning from IFRS to U.S. GAAP accounting by Q4 2025 [60] to align with U.S. reporting standards as it redomiciles operations to the States. Overall, the sector backdrop for Bitfarms in late 2025 is favorable – Bitcoin's bull market is boosting revenues, and while competition and regulatory oversight have increased, well-capitalized players like Bitfarms are using this period to expand capacity and diversify their business. Bitfarms' fortunes are closely tied to the broader crypto mining sector, which has seen a resurgence in 2025. Bitcoin's price has in 2025, hitting an all-time high around before a sharp pullback . As of early November, BTC is trading near – roughly triple its value from a year ago. This rally, driven by post-halving supply cuts and increased institutional adoption, has massively boosted mining revenue per BTC. Bitfarms reported that in Q2 it earned an average of ~$98,000 per Bitcoin mined , whereas a year prior that figure was much lower. High prices, however, come with : global Bitcoin network hash rate has climbed to record levels in 2025, meaning mining difficulty is up and each miner's share of block rewards is harder-earned. Companies like Bitfarms have raced to expand capacity (Bitfarms roughly tripled its hash rate from 6.5 EH/s in early 2024 to ~19.5 EH by mid-2025 through acquisitions and buildouts ). Despite the April 2024 Bitcoin halving (which cut block rewards from 6.25 to 3.125 BTC), the price surge has kept mining highly profitable. Bitfarms' direct cost of production was ~$48K per BTC in Q2 , so at ~$100K BTC price the gross mining margin is very attractive (50%+). Miners are essentially printing cash again – but volatility remains a constant risk. The October 'tariff shock' that briefly knocked Bitcoin down by ~$20K in a day is a reminder that macro or regulatory events can swing crypto markets violently. Electricity is the single largest operating cost for Bitcoin miners, and energy market trends have been a mixed bag. Power prices spiked globally in 2022–2023 but have stabilized or eased in many regions in 2024–2025. Bitfarms has strategically located its operations for cheap, reliable power: it leverages hydroelectric energy in Québec and Washington, uses cost-effective sites in Paraguay (though it sold one Paraguayan farm in 2025 ), and in Pennsylvania it even owns power generation assets acquired via Stronghold. These moves aim to insulate Bitfarms from energy price inflation. Still, miners face scrutiny over they use energy – especially in jurisdictions concerned about grid strain or carbon emissions. Globally, crypto mining remains legal in most countries (following China's 2021 ban), but regulators are taking a harder look at environmental and financial impacts. In the U.S., there's no federal ban on Bitcoin mining, but states are charting their own paths. For example, New York enacted a moratorium on new fossil-fueled mining in 2022 and in to offset environmental costs . Conversely, states like Texas and Georgia have been welcoming miners with incentives. Even at the local level, noise and zoning ordinances can affect mining farms (a New Hampshire bill in late 2025 sought to preempt local anti-mining rules) . Bitfarms, by focusing on jurisdictions with 'strong political support for data center development' (e.g. Pennsylvania, Washington, Québec), has positioned itself on the friendly side of this divide. Another regulatory angle is financial: the SEC has scrutinized crypto miners on accounting (e.g. how they value digital assets) – Bitfarms is proactively transitioning from IFRS to U.S. GAAP accounting by Q4 2025 to align with U.S. reporting standards as it redomiciles operations to the States. Overall, the sector backdrop for Bitfarms in late 2025 is favorable – Bitcoin's bull market is boosting revenues, and while competition and regulatory oversight have increased, well-capitalized players like Bitfarms are using this period to expand capacity and diversify their business. Outlook – Forecast & Investment Thesis: Looking ahead, Bitfarms faces both enormous opportunities and notable risks. Growth Drivers: In the medium term (next 1–2 years), Bitfarms' performance will ride largely on Bitcoin's trajectory. If BTC prices remain around the six-figure level or continue climbing, Bitfarms' mining segment could swing to significant profitability given its expanding scale and relatively efficient operations (direct mining cost <$50K/BTC) [61]. Even after the Argentina exit, Bitfarms should have ~16–18 EH/s of hash rate capacity going into 2026, and management has hinted at no major miner purchases planned (i.e. capex will be restrained) [62] – meaning any revenue windfall from BTC price is likely to flow to the bottom line or be reinvested in the new HPC ventures. The pivot to HPC/AI data centers is a key part of Bitfarms' long-term strategy. By 2026–2027, Bitfarms aims to be operating large-scale computing centers (like Panther Creek's planned 300 MW campus) serving AI and cloud clients in addition to crypto mining [63] [64]. This diversification could unlock new revenue streams (enterprise computing contracts) that carry steadier demand than the boom-bust of Bitcoin mining. The company's partnerships – e.g. with T5 Data Centers to design its HPC facilities [65] [66] – and the hiring of seasoned infrastructure executives signal that Bitfarms is serious about becoming a broader 'digital infrastructure' provider, not just a miner. If successful, the pivot could warrant a higher valuation multiple (closer to data center or cloud providers) and reduce the company's reliance on Bitcoin prices. Analyst projections: Some analysts forecast robust growth ahead: for instance, long-range estimates see Bitfarms' annual revenue reaching ~$505 million by 2028 with roughly $59 million in net income (implying the company could turn profitable within a few years) [67]. That scenario (~27% CAGR in revenue) assumes Bitfarms continues scaling mining output and fills its new HPC centers with paying customers. Balance Sheet Fortified: With over $500M in fresh capital from the convertible notes and $300M in project financing, Bitfarms has ample funding to execute its expansion plans. Its liquidity (over $1B available including cash, BTC, and credit) [68] is arguably one of the strongest among crypto miners, giving it a cushion to weather downturns or make strategic investments. The low interest rate on the debt (1.375%) also minimizes carrying costs. Risks: Despite the promising outlook, investors should recognize this is still a high-risk, high-reward play. The primary risk is the price of Bitcoin – a significant pullback (or increased network difficulty without a price rise) would squeeze margins and could render Bitfarms' new investments less profitable. The company's financials, while improving, show continued net losses; if Bitcoin's price reverses, losses could mount again, and Bitfarms might be burning cash after having just leveraged up. The expanded debt load itself introduces risk: Bitfarms will eventually need to either convert or repay that $588M in notes by 2031, and $300M in project debt by 2028 (phase-wise), so execution of projects must generate returns. The convertibles have a conversion price of $6.86 [69] – if the stock stays below that as 2031 nears, Bitfarms would face repayment obligations (though eight years is a long runway). Execution risk on the Panther Creek HPC project is another consideration; building a massive data center campus and securing AI clients is a new venture for a firm traditionally focused on mining. There could be delays, cost overruns, or difficulties in signing customers in a competitive cloud infrastructure market. Additionally, regulatory changes (e.g. new taxes on mining, environmental restrictions, or even changes in Bitcoin protocol) could impact operations. Bitfarms will also go through the 2028 Bitcoin halving in a few years, which will again halve block rewards – keeping hash rate growth and efficiency improvements on track is essential to survive that event (especially if it doesn't coincide with another price surge). Bottom Line: Bitfarms has rapidly transformed in 2025 from a struggling miner into a well-capitalized player at the forefront of both Bitcoin mining and emerging AI infrastructure. The stock's dramatic rise mirrors the company's improved prospects, but future performance will depend on balancing its core crypto business with its new growth ventures. In the near term, all eyes are on the Q3 2025 earnings (due Nov 13) and whether Bitfarms can meet lofty expectations amid Bitcoin's rally. Longer term, if Bitcoin remains strong and Bitfarms executes its U.S. expansion, the company could transition into a hybrid mining–HPC powerhouse. Investors bullish on Bitcoin and digital infrastructure see Bitfarms as a high-upside bet riding two of tech's big trends (crypto and AI), while skeptics caution that its high volatility, ongoing losses, and heavy capex make it a risky proposition. Given the current momentum, analyst consensus tilts positive on BITF, but prudent investors will be watching how Bitfarms navigates the next phases of growth – turning its abundant capital into profitable projects, and ultimately delivering sustainable earnings in an ever-evolving crypto landscape [70]. Sources: Financial statements and press releases from Bitfarms [71] [72] [73]; GlobeNewswire announcements on financing and executive changes [74] [75] [76]; Analyst coverage via MarketBeat and TipRanks [77] [78]; Motley Fool/Nasdaq insights on institutional holdings and performance [79] [80]; Investing.com market data on stock highs and Bitcoin prices [81] [82]; and industry news from Yahoo Finance, Seeking Alpha, and regulatory reports [83] [84]. 1. www.nasdaq.com, 2. www.nasdaq.com, 3. investor.bitfarms.com, 4. investor.bitfarms.com, 5. www.nasdaq.com, 6. uk.investing.com, 7. uk.investing.com, 8. www.marketbeat.com, 9. www.nasdaq.com, 10. uk.investing.com, 11. ts2.tech, 12. investor.bitfarms.com, 13. investor.bitfarms.com, 14. investor.bitfarms.com, 15. www.nasdaq.com, 16. investor.bitfarms.com, 17. finance.yahoo.com, 18. investor.bitfarms.com, 19. uk.investing.com, 20. investor.bitfarms.com, 21. investor.bitfarms.com, 22. investor.bitfarms.com, 23. investor.bitfarms.com, 24. investor.bitfarms.com, 25. investor.bitfarms.com, 26. investor.bitfarms.com, 27. investor.bitfarms.com, 28. investor.bitfarms.com, 29. investor.bitfarms.com, 30. investor.bitfarms.com, 31. investor.bitfarms.com, 32. investor.bitfarms.com, 33. www.marketbeat.com, 34. ca.finance.yahoo.com, 35. www.marketbeat.com, 36. www.marketbeat.com, 37. www.nasdaq.com, 38. www.nasdaq.com, 39. www.nasdaq.com, 40. uk.investing.com, 41. investor.bitfarms.com, 42. seekingalpha.com, 43. investor.bitfarms.com, 44. investor.bitfarms.com, 45. investor.bitfarms.com, 46. investor.bitfarms.com, 47. investor.bitfarms.com, 48. investor.bitfarms.com, 49. trakx.io, 50. finance.yahoo.com, 51. investor.bitfarms.com, 52. investor.bitfarms.com, 53. investor.bitfarms.com, 54. trakx.io, 55. investor.bitfarms.com, 56. www.nysenate.gov, 57. newhampshirebulletin.com, 58. www.eenews.net, 59. investor.bitfarms.com, 60. investor.bitfarms.com, 61. investor.bitfarms.com, 62. investor.bitfarms.com, 63. investor.bitfarms.com, 64. investor.bitfarms.com, 65. investor.bitfarms.com, 66. investor.bitfarms.com, 67. finance.yahoo.com, 68. investor.bitfarms.com, 69. investor.bitfarms.com, 70. www.nasdaq.com, 71. investor.bitfarms.com, 72. investor.bitfarms.com, 73. investor.bitfarms.com, 74. investor.bitfarms.com, 75. investor.bitfarms.com, 76. investor.bitfarms.com, 77. www.marketbeat.com, 78. ca.finance.yahoo.com, 79. www.nasdaq.com, 80. www.nasdaq.com, 81. uk.investing.com, 82. trakx.io, 83. www.nysenate.gov, 84. seekingalpha.com Artificial Intelligence Bitcoin Bitfarms Mining Stocks
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