Bitfarms Surges 14.95% on 64.15% Volume Spike to $320M Ranks 352nd in Market Activity as Institutional Interest in Bitcoin Mining Resurges

On October 6, 2025, Bitfarms (BITF) surged 14.95% as trading volume spiked 64.15% to $0.32 billion, ranking it 352nd in market activity. The jump followed renewed institutional interest in Bitcoin mining infrastructure and a broader rebound in crypto-related equities. Analysts noted the move aligns with recent regulatory clarity in key markets, though operational metrics for the company remain unannounced.

Market participants highlighted the stock's sensitivity to sector-wide trends, with BITF's performance closely tracking Bitcoin price action over the past quarter. The company's hash rate expansion plans and power cost optimization strategies have drawn speculative attention, though no material updates were disclosed in the latest filings. Short-term momentum appears driven by algorithmic trading activity rather than fundamental catalysts.

To run a daily-rebalanced “top-500-by-volume” portfolio, multi-asset portfolio support is required. Current back-test engines evaluate single tickers using date-stamped signals. Options include constructing a synthetic equal-weighted index from the top 500 names, testing strategies on broad ETFs like SPY/VTI, or creating a smaller basket (e.g., S&P 500 constituents). Each approach requires distinct data handling and strategy parameters for accurate performance evaluation.