Due to increasing demand by investors, management is actively seeking an additional stock exchange listing for the Company in the United States.
Emiliano Grodzki, Chief Executive Officer of Bitfarms added, “Higher Bitcoin prices along with a strong management team has allowed Bitfarms to achieve progress which only a few months ago would have only been a dream. We are pleased with our progress and are excited about what is possible in 2021 and beyond. We have built a strong platform that distinguishes Bitfarms amongst its peers. The outlook for further Bitcoin price appreciation is positive and Bitfarms is well positioned to take full advantage.”
BFARF seems to be shadowing the business moves of MA*A (adding shares to raise funds to buy more miners, private placement of shares to Hedge Funds/Mutual Funds), and buying/keeping actual bitcoin on their balance sheet similar to Elon Musk, Cathie Wood, Michael Saylor, and possibly soon Satya Nadella, but the stock price has not yet jumped as MA*A has.