Bitfarms (BITF) announced it has engaged two expert consultants in HPC strategy and artificial intelligence, Appleby Strategy Group and World Wide Technology, to conduct a comprehensive feasibility analysis on all its North American sites and advise on its global HPC/AI strategy. In parallel, ASG and WWT will help build accelerated sales and development strategies and market the sites on behalf of Bitfarms to potential customers. Bitfarms CEO Ben Gagnon stated, “Bitfarms is committed to maximizing the utility and value of our 1.2 GW North American portfolio. ASG and WWT will draw upon their substantial expertise to evaluate our sites for HPC/AI. Based on active discussions over the past several months with potential HPC/AI partners and customers, we are confident that our North American portfolio pipeline, particularly sites located on the PJM grid, is strongly suited for HPC/AI.”
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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BITF:
- Bitfarms to sell 200 MW site in Paraguay to Hive Digital for $85M
- Bitfarms to Sell Paraguay Site to HIVE, Focuses on North American Expansion
- Trump Trade: President blasts EU regulators for targeting U.S. tech companies
- Trump signs order to create cryptocurrency working group
- Trump Trade: Musk plays down Stargate AI investment announcement