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Shares of Bitfarms Ltd (NASDAQ:BITF) are trading higher Tuesday morning after the company announced a new corporate share buyback program. Here’s what investors need to know.
The digital asset landscape is undergoing a monumental transformation in 2025, as an unprecedented wave of institutional capital sweeps into the cryptocurrency market. At the forefront of this financial revolution are Spot Bitcoin Exchange-Traded Funds (ETFs), which have emerged as the primary conduit for traditional finance to access digital assets,
Riot Platforms posted a 76% annual jump in Bitcoin production, selling 397 BTC in June. Despite monthly declines, hash rate, efficiency, and power credits all posted considerable year-over-year gains.
Bitfarms CEO Ben Gagnon attributed the company’s growth to its transformation from solely a Bitcoin miner into a North American energy and computing company.
