Bitfarms: Bitcoin treasury holdings fell to 1,005 in April, and plans to stop buying large-scale BTC mining machines this year and next
2025-05-04 03:41:08
Nasdaq-listed bitcoin miner Bitfarms released its April Production and Operations Update, in which it revealed that it has no plans to purchase large-scale bitcoin mining machines in 2025 or 2026. It will use previously purchased machines to achieve this year's growth targets. Instead of pursuing new hardware, it will prioritize the development of high-performance computing (HPC) business and the expansion of its energy infrastructure. In addition, Bitfarms revealed that mining output in April was 268 BTC (average daily mining output of 8.9 BTC), and the bitcoin treasury position fell to 1,005 BTC, down from 1,140 BTC last month, which is about $94 million based on the bitcoin price on April 30.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Bitfarms：4月比特币财库持仓量降至1005枚，今明两年拟不再购买大型BTC矿机Next article：
金色午报 | 5月4日午间重要动态一览
