Bitfarms: Holds Ground As HPC Permit Review Tests Its Pivot [Seeking Alpha]
Bitfarms Ltd. (BITF)
Company Research
Source: Seeking Alpha
BITF's share count surged from ~400M to ~600M post-Riot bid, with further dilution likely from $588M convertible notes. The Stronghold acquisition gives BITF valuable PJM interconnection rights, but regulatory approvals for its Moses Lake HPC/AI buildout remain a key hurdle. Tomorrow's decision on the 18?MW Moses Lake HPC permit could finally unlock Bitfarms' long-awaited HPC pivot. imaginima/iStock via Getty Images Over the years, Bitfarms ( BITF ) hasn't been made the list of my favorite Bitcoin ( BTC-USD ) miners, but I've followed the company closely, hoping for a turnaround. I saw potential in mid 2024, when a hostile takeover This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha)
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BITF
News
- Analysts Give Mixed Opinions on Bitfarms (BITF) Ratings [Yahoo! Finance Canada]Yahoo! Finance Canada
- Bitfarms shares surge after it ditches its 'bitcoin company' identity and doubles down on AI with U.S. move [Yahoo! Finance Canada]Yahoo! Finance Canada
- Bitfarms shares surge after it ditches its 'bitcoin company' identity and doubles down on AI with U.S. move [Yahoo! Finance]Yahoo! Finance
- Analysts Give Mixed Opinions on Bitfarms (BITF) Ratings [Yahoo! Finance]Yahoo! Finance
- Bitfarms Plans to Redomicile to the U.S. from Canada [Yahoo! Finance]Yahoo! Finance
BITF
Sec Filings
- 2/6/26 - Form 6-K
- 2/6/26 - Form 6-K
- 1/14/26 - Form 6-K
- BITF's page on the SEC website