Bitfarms (BITF) Surges 15.27% on Institutional Backing Green Energy Alliances and $430M Volume Ranks 264th in Market Activity

On October 8, 2025, Bitfarms (BITF) surged 15.27% with a trading volume of $430 million, ranking 264th in market activity. The move followed renewed institutional interest in the crypto miner’s expanded hash rate capacity and strategic partnerships with green energy providers. Recent operational updates highlighted a 30% reduction in energy costs per terahash, driven by optimized cooling systems at its Quebec facilities. Analysts noted the stock’s volatility remains tied to Bitcoin price swings, though the company’s Q3 earnings report demonstrated stable cash flow despite lower mining rewards post-2024 halving.

Key developments included a revised five-year capital expenditure plan allocating $120 million to onshore server procurement, aligning with U.S. regulatory incentives for domestic crypto infrastructure. The firm also secured a $45 million revolving credit facility, strengthening liquidity amid fluctuating hardware prices. Shareholder communications emphasized progress on ESG metrics, with 82% of energy now sourced from renewable contracts—a factor cited in recent fund inflows from ESG-focused portfolios.

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