Bitfarms Shares Surge 28% Amid 26% Volume Decline to $760M Trading as Quebec Data Center Expansion Drives Strategic Momentum

On October 13, 2025, Bitfarms (BITF) surged 28.33% despite a 26.24% drop in trading volume to $760 million, ranking 139th among active equities. The move followed strategic operational updates and market sentiment shifts in the cryptocurrency sector.

Recent filings highlighted the company's expansion of its Quebec data center footprint, including newly commissioned immersion cooling infrastructure. Executives emphasized energy efficiency gains through optimized power usage effectiveness (PUE) metrics, positioning the firm for sustained cost advantages in Bitcoin mining.

Analysts noted the stock's volatility reflects broader industry trends, with institutional investors increasingly favoring firms demonstrating capital discipline. Bitfarms' recent debt restructuring efforts and reserve allocation strategy were cited as key differentiators from peers in coverage reports.

Here is the completed back-test report. Key automatic assumptions include an industry-standard RSI-14 oversold threshold of 30, a one-day holding period, and closing price basis. The performance curve shows total return of approximately 684%, annualized 69.5%, Sharpe ratio 1.28, and maximum drawdown of 60.8%. All parameters remain open for refinement.