Bitfarms Surges 4.92% on 40 Energy Cost Cuts and Quebec Expansion Hits $590M Volume as 191st Most-Traded Stock

Generated by AI AgentAinvest Volume Radar
Thursday, Sep 18, 2025 7:22 pm ET1min read
Aime RobotAime Summary

- Bitfarms (BITF) surged 4.92% with $590M volume, ranking 191st in daily trading after announcing 40% energy cost cuts via renewable power agreements.

- The company activated 1,000 new Quebec Bitcoin mining machines, boosting hashrate utilization by 15% amid network difficulty fluctuations.

- Analysts highlighted its vertically integrated model, including in-house hardware and low-cost hydroelectric power, which reduced maintenance costs by 22% in Q2-Q3 2025.

- Strategic advantages over peers drove outperformance, with investors confident in long-term operational efficiency and cost-competitive mining infrastructure.

On September 18, 2025, , ranking 191st among daily traded stocks. , boosting investor confidence in long-term operational efficiency.

, aligning with the company's 2024-2026 capacity expansion roadmap. , signaling improved infrastructure management amid fluctuating network difficulty levels.

Analysts noted the stock's performance outperformed peers due to its vertically integrated model, which includes in-house hardware development and low-cost hydroelectric power access. .

The strategy backtest results for a daily-volume-based portfolio (Jan 1, , . , .

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