Bitfarms Raises 2025 Power Capacity To 648 MW, Up 170% From Current 240 MW
Portfolio Pulse from Benzinga Newsdesk
Bitfarms has announced an increase in its power capacity to 648 MW by 2025, a 170% rise from its current 240 MW.
June 13, 2024 | 10:02 am
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Bitfarms has announced a significant increase in its power capacity to 648 MW by 2025, a 170% rise from its current 240 MW. This expansion is likely to enhance its mining capabilities and revenue potential.
The substantial increase in power capacity will likely boost Bitfarms' mining capabilities, leading to higher revenue potential. This is a positive development for the company's stock price in the short term.
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