Bitfarms (TSE:BITF) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Bitfarms has entered a second agreement with Stronghold Digital Mining to deploy 10,000 miners at Stronghold’s site in Pennsylvania, enhancing its operational efficiency. This move is part of Bitfarms’ strategy to optimize assets, reduce capital expenses, and expand its presence in the U.S. beyond Bitcoin mining.
For further insights into TSE:BITF stock, check out TipRanks’ Stock Analysis page.