Bitfarms released Q2 earnings report: 1,402 bitcoins held as of August 11
2025-08-12 11:20:08
Nasdaq-listed bitcoin mining company Bitfarms released its financial results for the second quarter ended June 30, 2025, in which it disclosed that it has established a second main executive office in New York City, and launched the company's share repurchase program. In the second quarter, Bitfarms sold 1,052 bitcoins at an average price of $95,500, with a total income of $100 million. The company's total revenue was $78 million, an increase of 87% year-on-year. As of August 11, 2025, it held 1,402 bitcoins.
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