Bitfarms releases Q2 financial report: total revenue of $78 million, holding 1,402 BTC

2025-08-12 20:03:30

ChainCatcher news, according to GlobeNewswire, the U.S. listed Bitcoin mining company Bitfarms released its financial performance report for the second quarter ending June 30, 2025, which disclosed the establishment of a second major executive office in New York City and the initiation of a company stock buyback program.

In the second quarter, the company sold 1,052 Bitcoins at an average price of $95,500, with total revenue of $100 million. The company's total income was $78 million, a year-on-year increase of 87%. As of August 11, 2025, the company holds 1,402 Bitcoins.

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