Bitfarms announced $69 million in revenue for the third quarter of 2025, alongside a successful $588 million convertible bond issuance. The company is transitioning from Bitcoin mining to becoming a North American AI and high-performance computing (HPC) infrastructure provider. Bitfarms plans to upgrade its facilities in Washington, Panther Creek, and Sharon to data centers equipped with Nvidia's next-generation Vera Rubin GPUs, with deliveries slated for 2026. The company's liquidity reached $814 million, and it holds 1,827 BTC.
Bitfarms Reports $69M Q3 Revenue, Shifts Focus to AI Infrastructure
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