Renewable energy-focused bitcoin mining firm Bitfarms slumps 8% in Nasdaq debut

Jun 21 2021 by Business Insider

 
A worker checks the fans on miners, at the cryptocurrency farming operation, Bitfarms, in Farnham, Quebec, Canada.

Reuters/Christinne Muschi

Renewable energy-focused bitcoin mining company Bitfarms slumped 8.6% in its first day of trading on the Nasdaq. The Canadian company has traded on the Toronto Stock Exchange since 2019. Bitfarms estimates that among other publicly traded cryptocurrency mining companies, it has mined the largest amount of bitcoin with renewable energy. Sign up here...
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