Bitfarms Reports Second Quarter 2022 Results
Bitfarms Ltd. (BITF)
Company Research
Source: GlobeNewswire
- Generated positive cash flow from mining operations - - Mined 1,257 BTC in Q2 2022 and 500 BTC in July 2022 - - Increased capacity and production with new locations in Quebec - - Continued build out in Argentina and on track to start production in Q4 2022 - This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated August 16, 2021 to its short form base shelf prospectus dated August 12, 2021. TORONTO, Ontario and BROSSARD, Québec, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ: BITF // TSX: BITF), a global Bitcoin self-mining company, reported its financial results for the second quarter ended June 30, 2022. All financial references are in U.S. dollars. During second quarter 2022, Bitfarms mined 1,257 bitcoin (BTC). “In second quarter 2022, we generated positive cash flow from our operations with Adjusted EBITDA of $19 million, even with the downturn in the BTC price. Entering the s
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BITF
News
- CANADA STOCKS-TSX climbs as investors shake off Middle East jitters [Yahoo! Finance]Yahoo! Finance
- Bitfarms to Participate in Upcoming Conferences [Yahoo! Finance]Yahoo! Finance
- Bitfarms to Participate in Upcoming Conferences [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Bitfarms to Participate in Upcoming ConferencesGlobeNewswire
- Bitfarms Reaches 7 EH/s with Completion of Fleet Upgrade at Garlock and Farnham FacilitiesGlobeNewswire
BITF
Sec Filings
- 4/17/24 - Form 6-K
- 4/12/24 - Form 6-K
- 4/1/24 - Form 6-K
- BITF's page on the SEC website