Bitfarms stock rises 5% after posting $284 million net loss in AI transition year
Bitfarms stock rises 5% after posting $284 million net loss in AI transition year
Bitfarms is transitioning into a landlord-style model where it looks to lease data center capacity to hyperscalers and large AI customers.The company has a $520 million liquidity cushion that will allow it to further develop key sites and pursue long-term leases.