Bitfarms

#Bitfarms will be hosting its Q4 and full year 2024 Earnings call on Thursday, March 27th 2025 at 8:00am ET. For more information and to register for the call, see the below press release.

Bitfarms is expanding its focus on the U.S. market, leveraging strategic and sustainable growth opportunities. With the Stronghold Digital transaction closed, we have secured a 1.1 GW growth pipeline in Pennsylvania, positioning #Bitfarms to source approximately 66% of our energy from the U.S. by year-end. More from Bitfarms CEO Ben Gagnon below ⬇️

Bitfarms is pleased to announce the successful sale of our 200 MW Yguazu, Paraguay data center. This strategic move rebalances our portfolio towards the U.S., positioning Bitfarms as a leading North American energy and compute infrastructure company. From a long-term perspective, this accretive transaction enhances our ability to secure lower-cost energy and focus on high-quality assets optimized for both HPC/AI and Bitcoin mining. As we continue to scale, #Bitfarms remains committed to operational excellence and innovative growth. Find out more on this transaction from our press release below.

Today, Bitfarms has closed the largest public-to-public acquisition in the industry's history. We are proud to announce the successful acquisition of Stronghold Digital (SDIG). This milestone significantly expands our U.S. footprint, strengthens our position in the highly attractive PJM market, and reinforces our leadership in digital asset infrastructure. By leveraging Stronghold’s infrastructure and resources, we are optimizing energy costs, scaling our mining capacity, and positioning #Bitfarms for a more resilient and sustainable future. And this is just the beginning. Find out more from the press release below.

We are thrilled that some members of our leadership team at #Bitfarms will be attending the NVIDIA GTC 2025 this week in San Jose, California to see what is next for the AI industry. Attendees: Liam Wilson (COO), Philippe Fortier (EVP Corporate Development), Alex Brammer (SVP of Global Mining Operations), Craig Hibbard (SVP Infrastructure). See you there! ⚡

We have what everyone wants right now—megawatts, ready to go. ⚡ CEO Ben Gagnon breaks it down in his latest conversation on energy in the US with Yahoo! Finance TV. Watch the full discussion here: https://lnkd.in/e46-mdh9

#Bitfarms CEO Ben Gagnon shares his insights with Bloomberg News on how both the U.S. and Canada, nations historically built on access to cost-effective power, are navigating shifting policies that could lead to a more deregulated and efficient market. 📈 Link to his full interview here: https://lnkd.in/eVhp4ccF #Bitcoin #Mining #EnergyPolicy #US #Canada

Bitfarms on the Road: Engaging with Investors & Industry Leaders This March, the Bitfarms team will be participating in two major investor conferences, discussing the future of #Bitcoin mining, #AI, and #energy. 📍 Cantor Fitzgerald Global Technology Conference 📅 March 12, 2025 | New York, NY 🎙️ Panel: “Hybrid Model for Bitcoin Mining & AI” (3:40–4:05 PM ET) 👤 Ben Gagnon (CEO), Jeffrey Lucas (CFO), Tracy Krumme (SVP, IR & Corporate Comms) 📍 37th Annual ROTH Conference 📅 March 17-18, 2025 | Dana Point, CA 👤 Liam Wilson (COO), Jeffrey Lucas (CFO), Tracy Krumme (SVP, IR & Corporate Comms)

Bitfarms welcomes Craig Hibbard as SVP of Infrastructure! ⚡ We are excited to bring on Craig to lead infrastructure development as we expand our U.S. data center portfolio for #Bitcoin Mining, #HPC and #AI. Craig brings extensive experience in large-scale real estate & digital infrastructure, having recently led the rapid buildout of 200+ MW for a U.S. digital assets firm. Based in Pennsylvania, he will play a key role in scaling our PJM portfolio & advancing our HPC/AI strategy. Welcome to the team, Craig! 👏 #DataCenters #Energy #Innovation #Infrastructure #Growth #Bitfarms

Bitfarms February 2025 Production & Operations Update ✅ Operational Hashrate: 16.1 EH/s (+6% M/M, +148% Y/Y)  ✅ Stronghold Digital Mining acquisition and Yguazu sale remain on track for Q1 2025 close    “We are on track to close our acquisition of Stronghold Digital Mining (“Stronghold”) following the recent successful shareholder vote which Stronghold shareholders voted overwhelmingly in support. Combined with the strategic sale of our 200 MW Yguazu, Paraguay data center, also on track for a Q1 2025 close, these accretive transactions will improve our energy portfolio and transform Bitfarms into a North American energy and compute infrastructure company with lower-cost energy and high-quality assets, suitable for both HPC/AI and Bitcoin mining.” - Ben Gagnon, CEO of Bitfarms     📊 More can be found on Bitfarms’ U.S. expansion and HPC/AI initiatives below.     #Bitfarms #BITF #BTC #Infrastructure #DataCenters #HPC #AI #BitcoinMining