Bitfarms upgrades fleet with firm orders for over 35k miners [Seeking Alpha]
Bitfarms Ltd. (BITF)
Company Research
Source: Seeking Alpha
The miners were purchased at a price of $2,660 per unit, with deliveries scheduled from March 2024 to May 2024. Concurrently, the company secured a purchase option for an additional 28,000 Bitmain T21 miners to achieve 17 EH/s in H2 2024. The company said the new miner deployment, combined with the option to purchase additional miners, is expected to increase operating capacity by 63% to 391 MW and improve fleet efficiency by 34% to 23 w/TH. More on Bitfarms Related Stocks In The News Trending Analysis Trending News
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BITF
News
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- Bitfarms (BITF) Stock Deserves Higher Multiple as Q3 Earnings Show Strategic Pivot to High-Margin AI Energy Facilities [Yahoo! Finance Canada]Yahoo! Finance Canada
- Bitfarms (BITF) Stock Deserves Higher Multiple as Q3 Earnings Show Strategic Pivot to High-Margin AI Energy Facilities [Yahoo! Finance]Yahoo! Finance
- Here's Why Bitfarms Slumped More Than 8% Today [Yahoo! Finance]Yahoo! Finance
BITF
Sec Filings
- 11/17/25 - Form 6-K
- 11/13/25 - Form 6-K
- 11/13/25 - Form 6-K
- BITF's page on the SEC website