Bitfarms Shares Rise 0.29% as $470M Volume Surges 43% to Rank 240th in Trading Activity

On October 7, 2025, Bitfarms (BITF) saw a 0.29% increase in share price, with a trading volume of $470 million—surpassing yesterday’s volume by 43.14% and ranking 240th among the day’s most actively traded stocks. The move reflects renewed investor interest in the company’s operations, which have been underpinned by strategic infrastructure upgrades and a stable hash rate profile in the Bitcoin mining sector.

Recent developments highlight Bitfarms’ focus on optimizing operational efficiency, including the integration of new cooling systems to reduce energy costs and the expansion of its Canadian facilities. These initiatives align with broader industry trends toward sustainability and cost management, positioning the firm to benefit from favorable regulatory conditions in North America. Analysts have noted that the company’s ability to maintain consistent production output amid fluctuating energy prices could drive long-term shareholder value.

To run this back-test robustly, implementation details must be clarified: defining the market universe (e.g., U.S. equities, ETFs), re-balancing conventions (e.g., 1-day holding period, weighting methodology), transaction cost assumptions, and benchmarking requirements (e.g., performance metrics versus SPY). Once confirmed, the process will generate daily top-volume baskets and simulate portfolio performance from January 1, 2022, to the present. This structured approach ensures alignment with the company’s historical trading patterns and operational benchmarks.