Bitfarms Q2 Financial Report: Total revenue of $78 million, holding 1,402 bitcoins

ChainCatcher news, the U.S. listed Bitcoin mining company Bitfarms has released its financial performance report for the second quarter ending June 30, 2025. The report reveals that the company has established a second main executive office in New York City and initiated a stock buyback program. In the second quarter, the company sold 1,052 Bitcoins at an average price of $95,500, generating total revenue of $100 million. The company's total revenue reached $78 million, a year-on-year increase of 87%. As of August 11, 2025, the company holds 1,402 Bitcoins.