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BITF Stock Alert: Bitfarms Names New CEO as Riot Pushes for a Takeover
Investor Place· 2024-07-09 23:46
Bitfarms (NASDAQ:BITF) stock is in the news Tuesday after the Bitcoin (BTC-USD) mining company announced Ben Gagnon as its new CEO.Gagnon is moving up from his prior position of Chief Mining Officer to serve as CEO of Bitfarms. He took on that role in 2020 after he was promoted from Director of Business Development. This is a role he took at the company in 2019 and marked his start with Bitfarms.Edie Hofmeister, chairman of the independent search committee of the board of directors, said this about the new ...
Bitfarms Appoints Ben Gagnon as Chief Executive Officer
Newsfilter· 2024-07-08 19:00
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario and BROSSARD, Québec, July 08, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (TSX:BITF), a global vertically integrated Bitcoin data center company, today announced that the Board of Directors has appointed Ben Gagnon Chief Executive Officer, effective immediately. He was previously Chief Mining Offic ...
2 stocks to turn $100 into $1,000 for end of 2024
Finbold· 2024-07-08 17:00
Examining stocks that could turn $100 into $1,000 reveals the exciting potential of the penny stock market.However, this month, the Fear and Greed Index has shifted from ‘greed’ to ‘neutral.’ Despite this, the market could see a significant upturn with expected interest rate cuts later in the year. These anticipated interest rate cuts in the latter half of the year may inject additional vitality into the market, offering considerable upside potential for penny stock investments.It’s crucial to be proactive ...
Bitfarms Provides June 2024 Production and Operations Update
Newsfilter· 2024-07-01 19:00
- Earned 189 BTC in June 2024 -- Increased installed hashrate to 11.4 EH/s with 10.4 EH/s operational - - Improved energy efficiency to 25 w/TH, up 36% Y/Y and 7.4% M/M -- Strategic U.S. expansion with 120 MW site, well suited for HPC/AI -- 2025 power capacity target more than doubles to 648 MW from current 310 MW -- On track to deliver 21 EH/s and 21 w/TH in 2024; Initiated 2025 guidance of 35+ EH/s -   This news release constitutes a "designated news release" for the purposes of the Company's prospectus s ...
Bitfarms Provides June 2024 Production and Operations Update
GlobeNewswire News Room· 2024-07-01 19:00
- Earned 189 BTC in June 2024 -- Increased installed hashrate to 11.4 EH/s with 10.4 EH/s operational - - Improved energy efficiency to 25 w/TH, up 36% Y/Y and 7.4% M/M -- Strategic U.S. expansion with 120 MW site, well suited for HPC/AI -- 2025 power capacity target more than doubles to 648 MW from current 310 MW -- On track to deliver 21 EH/s and 21 w/TH in 2024; Initiated 2025 guidance of 35+ EH/s -   This news release constitutes a “designated news release” for the purposes of the Company’s prospectus s ...
Bitfarms Announces Appointment of Fanny Philip to Board of Directors
Newsfilter· 2024-06-28 05:00
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023 TORONTO, Ontario and BROSSARD, Quebec, June 27, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (TSX:BITF) ("Bitfarms" or the "Company"), a global Bitcoin vertically integrated company, today announced that its Board of Directors has unanimously approved the appointment of Fanny Philip to the Company's Board, effective i ...
Bitfarms Announces Appointment of Fanny Philip to Board of Directors
GlobeNewswire News Room· 2024-06-28 05:00
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023 TORONTO, Ontario and BROSSARD, Quebec, June 27, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF) (“Bitfarms” or the “Company”), a global Bitcoin vertically integrated company, today announced that its Board of Directors has unanimously approved the appointment of Fanny Philip to the Company’s Board, eff ...
3 Stocks Under $10 Flashing Green Lights for Explosive Growth
Investor Place· 2024-06-25 22:11
Investing in growth stocks under $10 could prove incredibly lucrative over the long term. However, with mega-cap stocks dominating the market, it’s easy to overlook penny stocks that could become giants in the future. Remember, today’s stock market bellwethers began as humble, low-priced stocks.Taking a page from Warren Buffett’s early playbook, there’s a gold mine of stocks under $10 that effectively merge value with explosive growth. Here are three stocks under $10 stocks that aren’t just bargains but are ...
Bitfarms Receives Shareholder Meeting Requisition
GlobeNewswire News Room· 2024-06-25 02:45
Reiterates Commitment to Strategic Alternative Review Process to Maximize Shareholder Value No Shareholder Action Required at this Time This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023 TORONTO, Ontario and BROSSARD, Quebec, June 24, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF) (“Bitfarms” or the “Company”), a global Bitcoin vertically integrated c ...
BITF Stock Alert: Riot Platforms Is Changing Its Approach to Take Over Bitfarms
Investor Place· 2024-06-24 23:13
Bitfarms (NASDAQ:BITF) stock is in the news Monday on an update to Riot Platforms’ (NASDAQ:RIOT) plan to take over the cryptocurrency mining company.Riot Platforms has withdrawn its previous offer to acquire all outstanding shares of BITF stock for $2.30 each. This comes after the offer from rejected by the Bitfarms board of directors.However, Riot Platforms isn’t giving up on its plan to combine with Bitfarms. Instead, the company is bypassing the board to speak directly to shareholders of BITF stock. This ...