Bitfarms Ltd. Q2 2024 Financial Results Announcement 📊
Bitfarms Ltd. (NASDAQ/TSX: BITF), a leading global Bitcoin mining data center company, is set to unveil its second-quarter financial results for the year 2024 on August 8, 2024. Following the release, the company will host a conference call on the same day at 8:00 am EST. This update comes directly from GlobeNewswire.
Details of the Conference Call 📞
If you wish to participate in the conference call live, dial 888-506-0062 (domestic) or 973-528-0011 (international) with the access code 968924. Additionally, you can access a live webcast by registering here.
The webcast will be available for replay on Bitfarms’ Investor website one hour after the call. An audio replay will also be accessible until August 22, 2024, by calling 877-481-4010 (domestic) or 919-882-2331 (international) and using access code 50787.
Insights into Bitfarms Ltd. 🌐
Established in 2017, Bitfarms Ltd. operates as a global Bitcoin mining data center company. The company contributes its computational power to various mining pools while receiving payment in Bitcoin. Bitfarms manages, owns, and runs vertically integrated mining facilities with in-house management and technical repair centers onsite.
- The company develops its proprietary data analytics system for optimal operational performance.
- Bitfarms operates 12 Bitcoin data centers with two more under development across Canada, the USA, Paraguay, and Argentina.
- The business emphasizes eco-friendly hydro-electric and long-term power contracts for sustainable operations.
Recent Advancements 🚀
Bitfarms is actively expanding its operational capabilities and geographical reach through strategic developments. The company recently disclosed plans to launch two additional data centers to enhance its computational power and operational efficiency. This expansion aligns with Bitfarms’ dedication to eco-friendly Bitcoin mining practices.
The company also focuses on advancing its technological solutions for improved operational performance and uptime. By leveraging in-house technical repair centers and data analytics systems, Bitfarms maintains high efficiency and reliability in its mining operations.
Connect with Bitfarms Ltd. ⚡
For more information on Bitfarms’ latest events, developments, and online communities, visit their official website.
Contacts for Investors and Media 📧
Investor Relations:
- Bitfarms: Tracy Krumme, SVP, Head of IR & Corp. Comms. – +1 786-671-5638 – [email protected]
- Innisfree M&A Incorporated: Gabrielle Wolf / Scott Winter – +1 212-750-5833
- Laurel Hill Advisory Group: 1-877-452-7184 | 416-304-0211 – [email protected]
Media Relations:
- U.S.: Joele Frank, Wilkinson Brimmer Katcher: Dan Katcher or Joseph Sala – +1 212-355-4449
- Québec: Tact: Louis-Martin Leclerc – +1 418-693-2425 – [email protected]
Hot Take 🔥 from Bitfarms Ltd.
As a crypto enthusiast, staying informed about Bitfarms Ltd.’s financial updates and expansion plans can provide valuable insights into the evolving landscape of Bitcoin mining. Keep an eye on the company’s commitment to sustainability and technological advancements in the sector for potential investment opportunities and industry trends.
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