Bitfarms (TSE:BITF) has released an update.
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Bitfarms reported a 30% year-on-year rise in revenue for Q3 2024, while its acquisition of Stronghold Digital Mining is set to significantly boost its energy portfolio in the U.S. The company also made considerable progress in its fleet upgrade program, enhancing mining efficiency and reducing operating costs.
For further insights into TSE:BITF stock, check out TipRanks’ Stock Analysis page.