Bitfarms Launches Stock Buyback Program, May Repurchase Up to 10% of Outstanding Shares
According to Jinse Finance, global energy and computing infrastructure company Bitfarms Ltd. (NASDAQ/TSX: BITF) has announced that its board of directors has approved the immediate launch of a share repurchase program. Under this plan, Bitfarms is authorized to repurchase up to 49,943,031 common shares, representing 10% of the company’s outstanding shares, during the period from July 28, 2025, to July 27, 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
UBS identifies the next main theme for AI trading: electricity, data centers, and key resources
UBS pointed out that the investment logic for AI is shifting from competition in models towards infrastructure development, with power supply, data center capacity, and financing capability becoming critical factors affecting industry expansion. As demand remains resilient, the importance of project delivery speed, supply chain security, and the provision of key raw materials is rising further. Companies that control scarce resources and infrastructure bottlenecks are expected to attract more market attention.
"The Big Short" Burry shifts to Nasdaq and semiconductor ETF put options, warning of a market peak within 9 months
Investor Michael Burry, known for accurately identifying major flaws in the U.S. subprime mortgage market and predicting the 2008 financial crisis, has concentrated most of his bearish bets on put options for the Nasdaq 100 Index (NDX) and the VanEck Semiconductor ETF (SMH).
Crypto prices
More
