24/7 Market News Snapshot 22 July, 2025 – Bitfarms Ltd. Common Stock (NASDAQ:BITF)

July 22, 2025

DENVER, Colo., 22 July, 2025 (www.247marketnews.com) – (NASDAQ:BITF) are discussed in this article.
Bitfarms Ltd. (BITF), a key player in the energy and computational infrastructure markets, has experienced notable trading activity, opening at $1.23 before climbing to $1.285, marking a considerable increase of 13.72% from the previous session’s close of $1.130. The stock is currently supported by a robust trading volume of 49.23 million shares, which indicates heightened market interest and liquidity. Analysts note that the stock has breached essential resistance levels, suggesting potential for further upward momentum, particularly if it maintains support above the $1.25 mark.

In a bid to bolster shareholder value, Bitfarms’ Board of Directors has sanctioned the launch of a corporate share buyback program. This move is indicative of the Company’s faith in its business model and growth prospects as it positions itself robustly within the sector. The Toronto Stock Exchange has approved the initiative, which allows Bitfarms to repurchase up to 49,943,031 common shares—amounting to 10% of its public float. This program is slated to commence on July 28, 2025, and will conclude one year later.

CEO Ben Gagnon noted that the shares are currently undervalued, fueled by the rising appreciation of Bitfarms’ Bitcoin operations and the significant unrealized opportunities in high-performance computing (HPC). He emphasized that the buyback program reflects the Company’s confidence in its trajectory, emphasizing the strategic focus on expanding its HPC data center capabilities.

Share repurchases will be executed through platforms on both the TSX and Nasdaq, with careful consideration of market conditions and corporate liquidity. All repurchased shares will subsequently be canceled, reaffirming the Company’s commitment to enhancing shareholder returns.

Bitfarms is poised for sustained growth, underpinned by its innovative energy portfolio and dedication to sustainable operational practices, positioning itself strategically as it adapts to the rapidly evolving landscape of energy and technology.

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