Bitfarms Enters into Agreement to Develop 120 MW in U.S.; Provides 2025 Guidance of Over 35 EH/s
BITFBitfarms .(BITF) Newsfilter·2024-06-13 18:00

-First U.S. large scale site supports 8 EH/s in 2025 with deployment of 600 PH/s in 2024- -Strategically located in PJM Interconnection market, providing access to low-cost, flexible power- -Increases 2025 power capacity to 648 MW, up 170% from current 240 MW- -Company establishes 2025 guidance of over 35 EH/s- 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. ...