Bitfarms (TSE:BITF) has released an update.
Bitfarms Ltd. reports significant operational advancements with a 16% increase in energy efficiency and the early achievement of their year-end efficiency target. They’ve bolstered their Bitcoin holdings to 1,147 BTC after earning 217 BTC in September 2024, and have announced a hosting agreement to expand operational capacity. Additionally, a settlement agreement with Riot Platforms precedes the rescheduled Bitfarms Shareholders meeting now set for November 20, 2024.
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