Bitfarms' Strategic Growth and Diversification Plans
Ben Gagnon: In a recent earnings call, Bitfarms' CEO Ben Gagnon shared insights into the company’s financial performance for Q2 2024, focusing on strategic growth plans. Even though revenues fell to $42 million with a net loss of $27 million, Bitfarms is optimistic about entering the high-performance computing (HPC) and artificial intelligence (AI) markets, supported by a strong liquidity position of $195 million.
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