PANews reported on November 13th that Bitcoin mining company Bitfarms achieved $69 million in continuing revenue in Q3 2025 and successfully completed a $588 million convertible bond issuance. The company is accelerating its transformation from Bitcoin mining to a North American AI/HPC infrastructure provider, planning to upgrade sites in Washington, Panther Creek, Pennsylvania, and Sharon to data centers supporting Nvidia's next-generation Vera Rubin GPUs, with deliveries expected to begin in 2026. Furthermore, the company's total liquidity reached $814 million in Q3, with 1,827 BTC held.PANews reported on November 13th that Bitcoin mining company Bitfarms achieved $69 million in continuing revenue in Q3 2025 and successfully completed a $588 million convertible bond issuance. The company is accelerating its transformation from Bitcoin mining to a North American AI/HPC infrastructure provider, planning to upgrade sites in Washington, Panther Creek, Pennsylvania, and Sharon to data centers supporting Nvidia's next-generation Vera Rubin GPUs, with deliveries expected to begin in 2026. Furthermore, the company's total liquidity reached $814 million in Q3, with 1,827 BTC held.
Bitfarms reported $69 million in revenue in the third quarter, with a focus on transforming into AI computing infrastructure.
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PANews reported on November 13th that Bitcoin mining company Bitfarms achieved $69 million in continuing revenue in Q3 2025 and successfully completed a $588 million convertible bond issuance. The company is accelerating its transformation from Bitcoin mining to a North American AI/HPC infrastructure provider, planning to upgrade sites in Washington, Panther Creek, Pennsylvania, and Sharon to data centers supporting Nvidia's next-generation Vera Rubin GPUs, with deliveries expected to begin in 2026. Furthermore, the company's total liquidity reached $814 million in Q3, with 1,827 BTC held.
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