Bitfarms Ltd

NASDAQ:BITFUnited StatesView on Canadian Exchange

Sep 13, 2024

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• Bitfarms Signs Miner Hosting Agreement with Stronghold Digital Mining, from 11:07AM ET on Friday Sep 13, 2024 by MT Newswires

  11:07AM ET on Friday Sep 13, 2024 by MT Newswires
  Companies Mentioned: BITF
  11:07 AM EDT, 09/13/2024 (MT Newswires) -- Bitfarms (BITF.TO) said Friday it entered a miner hosting agreement with Stronghold Digital Mining Hosting, a subsidiary of Nasdaq-listed Stronghold Digital Mining (SDIG), at Stronghold's Panther Creek site...

• Bitfarms Signs Deal With Stronghold Digital Mining's Unit to Deploy Bitmain T21 Miners in Pennsylvania, from 11:04AM ET on Friday Sep 13, 2024 by MT Newswires

  11:04AM ET on Friday Sep 13, 2024 by MT Newswires
  Companies Mentioned: BITF, SDIG
  11:04 AM EDT, 09/13/2024 (MT Newswires) -- Bitfarms (BITF) said Friday it has signed a miner hosting agreement with Stronghold Digital Mining's (SDIG) Stronghold Digital Mining Hosting unit to deploy 10,000 Bitmain T21 miners at the latter's Panther...

• Bitfarms Enters into 10,000 Miner Hosting Agreement with Stronghold Digital Mining, from 10:23AM ET on Friday Sep 13, 2024 by Dow Jones

  10:23AM ET on Friday Sep 13, 2024 by Dow Jones
  Companies Mentioned: BITF, SDIG
  
  that could have a material adverse effect on our revenues and results of operations, and there may not have adequate insurance to cover these risks and hazards, employees, contractors, customers and the general public may be exposed to a risk of injury due to the nature of the operations, limited experience with carbon capture programs and initiatives and dependence on third-parties, including consultants, contractors and suppliers to develop and advance carbon capture programs and initiatives, and failure to properly manage these relationships, or the failure of these consultants, contractors and suppliers to perform as expected, could have a material adverse effect on the business, prospects or operations; the digital currency market; the ability to successfully mine digital currency; revenue may not increase as currently anticipated, or at all; it may not be possible to profitably liquidate the current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on operations; an increase in network difficulty may have a significant negative impact on operations; the volatility of digital currency prices; the anticipated growth and sustainability of hydroelectricity for the purposes of cryptocurrency mining in the applicable jurisdictions; the inability to maintain reliable and economical sources of power to operate cryptocurrency mining assets; the risks of an increase in electricity costs, cost of natural gas, changes in currency exchange rates, energy curtailment or regulatory changes in the energy regimes in the jurisdictions in which Bitfarms and Stronghold operate and the potential adverse impact on profitability; future capital needs and the ability to complete current and future financings, including Bitfarms' ability to utilize an at-the-market offering program ( "ATM Program") and the prices at which securities may be sold in such ATM Program, as well as capital market conditions in general; share dilution resulting from an ATM Program and from other equity issuances; volatile securities markets impacting security pricing unrelated to operating performance; the risk that a material weakness in internal control over financial reporting could result in a misstatement of financial position that may lead to a material misstatement of the annual or interim consolidated financial statements if not prevented or detected on a timely basis; historical prices of digital currencies and the ability to mine digital currencies that will be consistent with historical prices; and the adoption or expansion of any regulation or law that will prevent Bitfarms from operating its business, or make it more costly to do so. For further information concerning these and other risks and uncertainties, refer to Bitfarms' filings on www.sedarplus.ca (which are also available on the website of the U.S. Securities and Exchange Commission (the "SEC") at www.sec.gov), including the MD&A for the year-ended December 31, 2023, filed on March 7, 2024 and the MD&A for the three and six months ended June 30, 2024 filed on August 8, 2024. Although Bitfarms has attempted to identify important factors that could cause actual results to differ materially from those expressed in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended, including factors that are currently unknown to or deemed immaterial by Bitfarms. There can be no assurance that such statements will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on any forward-looking information. Bitfarms does not undertake any obligation to revise or update any forward-looking information other than as required by law.