Seeking Alpha
2021-09-05 12:45:00

Bitfarms Looks Ready To Attract Big City Investors

Bitfarms is a Canadian Bitcoin miner that was added to the US markets earlier this year.Bitfarms benefitted from China banning Bitcoin mining.Bitfarms is absorbing a substantial at-the-market stock offering it recently announced. The raise was sizable, but a raise of some size was already expected.Bitfarms appears to have set a near-term floor in the low $5s, and offers significant leverage to possible Bitcoin spiking in the near term.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer