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​Bitfarms Stock Surged 13% With Over $15 Million Private Placement Closed

Mary Liu

Summary: Bitfarms (BITF), a Canadian Bitcoin mining company announced the completion of a private placement of 8,888,889 common shares worth $15.71 million. At the time of writing, BITF's share price is $3, which has risen nearly 500% in the past year and 13% in 24 hours, BITF's market cap reaches approximately $260 million. By Mary Liu

Bitfarms (BITF), a Canadian Bitcoin mining company announced the completion of a private placement of 8,888,889 common shares worth $15.71 million. At the time of writing, BITF's share price is $3, which has risen nearly 500% in the past year and 13% in 24 hours, BITF's market cap reaches approximately $260 million.

By Mary Liu

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