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Bitfarms financial income falls...

Bitfarms reported $2.1 million in net financial income for the first quarter of...

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The Ethereum Foundation (EF) has unveiled the Trillion-Dollar Security (1TS) initiative, a long-term...

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Bitfarms financial income falls 82%...

Bitfarms reported $2.1 million in net financial...

Ethereum Foundation aims to secure...

The Ethereum Foundation (EF) has unveiled the...

Bitfarms financial income falls 82% YoY, magnifying net loss to $35.9M

Bitfarms reported $2.1 million in net financial income for the first quarter of 2025, a sharp decline from $11.4 million in the same period a year earlier, due to reduced gains on derivatives and warrant revaluations.  Bitfarms said in its latest Management’s Discussion and Analysis of the first quarter performance that the lower financial income contributed to a wider net loss of $35.9 million, compared to a $6 million net loss in the first quarter of 2024. Gains from revaluating warrant liabilities tied to the company’s 2023 private placement decreased $3.4 million, primarily...

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