Bitfarms Plummets 15.64% on Subsidy-Driven Selloff as 360M Volume Ranks 288th in U.S. Dollar Volume

On September 23, 2025, , marking its most significant single-day drop since its market debut. , ranking it 288th in terms of activity among U.S.-listed equities. . The deal, while positioning Bitfarms as a key player in the North American crypto-mining sector, triggered immediate profit-taking from investors who had previously driven the stock higher on speculative momentum.

The company’s recent strategic shift toward has drawn mixed reactions. While the subsidy underscores government support for , analysts note that the of expansion projects could strain short-term liquidity. Market participants are closely monitoring whether the company’s aligns with its aggressive growth targets, particularly as energy costs remain volatile amid .

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