The company is actively selling bitcoin and redeploying capital into AI-focused data centers as part of a broader transformation away from mining.
Bitfarms targets zero bitcoin on the balance sheet as it pivots to AI
The company is actively selling bitcoin and redeploying capital into AI-focused data centers as part of a broader transformation away from mining.
Shares:
Total crypto lending is still down 43% from its 2021 peak, but decentralized platforms have seen a significant growth, Galaxy reported.
He advocated for a strategic bitcoin reserve, arguing it could generate substantial wealth and help reduce national debt.
Delayed rate cuts could be more aggressive when they happen, the investment bank said.
Shares are higher by another 20% today, already surpassing Seaport's lofty $235 price target.