Bitfarms (TSE:BITF) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Bitfarms Ltd. is restating its financial statements for 2022 and 2023 after identifying a material error in the classification of proceeds from digital asset sales, which were previously recorded as operating cash flows instead of investing activities. This adjustment, prompted by an SEC review, does not affect the company’s cash position or business operations.
For further insights into TSE:BITF stock, check out TipRanks’ Stock Analysis page.
