Mo.bi - Crypto Currency Tracker logo Mo.bi - Crypto Currency Tracker logo
Seeking Alpha 2021-06-21 19:12:53

Bitfarms begins trading on Nasdaq today, bitcoin slumps

peterschreiber.media/iStock via Getty Images The Canadian bitcoin miner, Bitfarms (([[BITF]])) is officially trading on the Nasdaq exchange today after receiving Nasdaq listing approval last month. Bitfarms powers about 1% of the bitcoin network with >99% green hydroelectricity. Shares of BITF have traded in a range of $3.9 to $4.11 while bitcoin (([[BTC-USD]] -7.0%)) dips to as low as $31,658 today as China continues to suppress crypto mining. Previously, (June 10) Bitfarms adds 1K+ mined bitcoin to treasury year-to-date as it increases its share of the total bitcoin network hash rate.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.