#bitfarms

3:31pm, 13th January, 2023

Bitfarms seeks to modify loan facility with BlockFi as bear market drags on

“During 2022, Bitfarms began taking proactive actions to increase financial flexibility and to reduce indebtedness and capital expenditure obligations,” according to CFO Jeff Lucas.

Bitfarms sold 3K Bitcoin as part of strategy to improve liquidity and pay debts

12:27pm, 21st June, 2022

Crypto Wiki

Bitfarms sold 3K Bitcoin as part of strategy to improve liquidity and pay debts

“Selling a portion of our BTC holdings and daily production as a source of liquidity is the best and least expensive method in the current market environment," said chief financial officeJeff Lucas.

Bitcoin vs BTC miner stocks: Bitfarms mining chief explains key differences

8:32am, 26th April, 2022

Crypto Wiki

Bitcoin vs BTC miner stocks: Bitfarms mining chief explains key differences

Direct BTC purchases and Bitcoin mining stock investments are two “fundamentally different” investment strategies to suit different people and interests, Ben Gagnon says.

Bitfarms purchased more than $43M in Bitcoin to start the new year

12:53pm, 10th January, 2022

Crypto Wiki

Bitfarms purchased more than $43M in Bitcoin to start the new year

“Our guiding company strategy at Bitfarms is to accumulate the most Bitcoin for the lowest cost and in the fastest amount of time for the benefit of our shareholders,” said founder and CEO Emiliano Grodzki.