Bitfarms Soars 9.31% on Strategic Energy Shift as $0.3B Volume Ranks 330th in U.S. Stocks

Generated by AI AgentAinvest Volume Radar
Friday, Sep 12, 2025 6:59 pm ET1min read
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Aime RobotAime Summary

- Bitfarms (BITF) surged 9.31% on Sept. 12 with $0.3B volume, ranking 330th in U.S. stocks.

- The rebound followed long-term power agreements in British Columbia, reducing exposure to volatile energy markets.

- Analysts highlight stable rates through 2027 as a key risk mitigation for Bitcoin miners, alongside divesting underperforming U.S. Midwest data centers.

- Strategic restructuring enables lower hydroelectric costs in Canada while maintaining geographic mining diversity.

On Sept. 12, 2025, , ranking 330th among U.S. stocks by volume. The miner's sharp rebound followed a strategic shift in its energy procurement strategy, as reported by industry sources. Executives confirmed the company has secured long-term power agreements in Canada's British Columbia, reducing exposure to volatile energy markets that previously constrained profitability.

Analysts noted the move addresses a key operational risk for BitcoinBTC-- miners, . This development comes after the company's recent divestment of underperforming data centers in the U.S. Midwest, which had contributed to elevated electricity costs during summer peak hours. The restructuring has positioned BitfarmsBITF-- to leverage lower Canadian hydroelectric rates while maintaining geographic diversity in its mining operations.

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