Bitfarms releases Q1 financial report: holds 1166 bitcoins

Odaily Planet Daily News: Nasdaq listed Bitcoin mining company Bitfarms announced its Q1 2025 financial report, with revenue reaching $67 million, a year-on-year increase of 33%; The gross profit margin of Bitcoin mining is 43%, lower than the 63% in the same period last year. The net loss for this quarter is 36 million US dollars. As of May 13th, Bitfarms holds approximately $150 million in liquid assets and holds a total of 1166 bitcoins.