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BTC $78,884.10 -1.01%
ETH $2,474.11 -0.33%
BNB $737.37 -1.24%
XRP $1.39 -1.58%
SOL $103.58 -2.16%
TRX $0.3340 -0.36%
DOGE $0.0893 +0.59%
ADA $0.2188 +0.23%
BCH $265.70 +3.81%
LINK $12.85 +4.87%
HYPE $85.46 -3.25%
AAVE $131.25 -2.00%
SUI $0.8071 +1.68%
XLM $0.1917 +4.00%
ZEC $1,152.92 -1.73%

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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