BITFARMS LTD. overview

Initial draw at close of $50 million, with up to a total of $300 million available upon entry into definitive project loan documentation Early-stage investment from a division of Macquarie Group, one of the world’s largest infrastructure investors, further validates the attractiveness of Bitfarms’ potential HPC data center development pipeline, especially its near-term project at Panther Creek A $300 million facility is expected to provide the necessary capital for Bitfarms to fund the...

- Operational hashrate of 19.5 EHuM and fleet efficiency of 19 w/TH– -Completes acquisition of Stronghold Digital Mining & sale of Yguazu, Paraguay data center- -Appoints two new key HPC/AI and Infrastructure Executives- This news release constitutes a “designated news release” for the purposes of the Company’s second amended and restated prospectus supplement dated December 17, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, April 01, 2025 (GLOBE...

- Revenue of $56 million, up 21% Y/Y - - Gross mining margin of 47%, down from 57% from Q4 2023 - - 18.6 EHuM up 186% from Q4 2023- - Current efficiency of 19w/TH a 45% improvement from Q4 2023- -Total energy pipeline of ~1.4 GW, ~80% based in the U.S.- -Completed acquisition of Stronghold Digital Mining & sale of Yguazu, Paraguay data center- This news release constitutes a “designated news release” for the purposes of the Company’s second amended and restated prospectus supplement dated...

TORONTO, March 26, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global Bitcoin and vertically integrated data center company, today announced that it has appointed James Bond as Senior Vice President of High-Performance Computing (“HPC”). Mr. Bond is a subject matter expert in HPC/AI with a proven record of launching new cloud and service provider offerings for large scale data centers across the U.S. He has over 20 years’ experience in public sector solution architecture...

TORONTO, Ontario, March 19, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global Bitcoin and vertically integrated data center company, will report its fourth quarter and full year 2024 financial results on Thursday, March 27 before the market opens. Management will host a conference call on the same day at 8:00 am EST. All Q4 2024 materials will be available before the call and can be accessed on the ‘ Financial Results’ section of the Bitfarms investor site. The live webcast...

-Accretive transaction valued at approximately U.S. $85 million- -Bitfarms to reinvest capital in U.S. growth opportunities- This news release constitutes a “designated news release” for the purposes of Bitfarms’ second amended and restated prospectus supplement dated December 17, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario, March 18, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global Bitcoin and vertically integrated data center...

-1.1 GW PA Growth Pipeline Strategically Located for HPC/AI and BTC Mining- - Positions Bitfarms as the leading Bitcoin miner in PJM market- This news release constitutes a “designated news release” for the purposes of the Company’s second amended and restated prospectus supplement dated December 17, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, March 17, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global Bitcoin and vertically integrated...

TORONTO, Ontario, March 04, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global Bitcoin and vertically integrated data center company, today announced its participation in three upcoming investor and industry conferences. Investor Event Details: Event: Cantor Fitzgerald Global Technology Conference Date: March 12, 2025 Location: New York, NY Bitfarms Participants: Ben Gagnon (CEO), Jeff Lucas (CFO), Tracy Krumme (SVP, IR & Comms) Panel Time: 3:40pm-4:05pm ET Panel Title:...