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📢 Bitfarms Launches Major Stock Buyback – Signals Confidence in Undervalued Potential!
According to Odaily, Bitcoin mining giant Bitfarms (BITF) is kicking off a bold stock buyback program starting July 28, with plans to repurchase up to 50 million shares—roughly 10% of its total float—across the Nasdaq and Toronto Stock Exchange. 📊💼
CEO Ben Gagnon believes Bitfarms is undervalued by the market and says investors haven't fully priced in the company’s growing strength in Bitcoin mining and AI-driven high-performance computing (HPC).
This move also signals Bitfarms’ broader vision: tapping into U.S. energy infrastructure to build out cutting-edge AI infrastructure—a strategic play as crypto and AI worlds continue to converge. ⚡🤖
#Bitfarms #BitcoinMining #StockBuyback #CryptoNews #BITF
According to Odaily, Bitcoin mining giant Bitfarms (BITF) is kicking off a bold stock buyback program starting July 28, with plans to repurchase up to 50 million shares—roughly 10% of its total float—across the Nasdaq and Toronto Stock Exchange. 📊💼
CEO Ben Gagnon believes Bitfarms is undervalued by the market and says investors haven't fully priced in the company’s growing strength in Bitcoin mining and AI-driven high-performance computing (HPC).
This move also signals Bitfarms’ broader vision: tapping into U.S. energy infrastructure to build out cutting-edge AI infrastructure—a strategic play as crypto and AI worlds continue to converge. ⚡🤖
#Bitfarms #BitcoinMining #StockBuyback #CryptoNews #BITF
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