THELOGICALINDIAN - The Torontobased Bitcoin mining operation Bitfarms appear the aggregation has been accustomed for a accepted banal advertisement on Nasdaq Global Market bank The aggregation is already listed on the Toronto Banal Exchange TSX and the firms Nasdaq advertisement will be listed beneath the ticker attribute BITF
Bitcoin Mining Operation Bitfarms to be Listed on Nasdaq Global Market Tier
Bitfarms has appear that it will be a publicly-traded Bitcoin miner listed on Nasdaq Global Market tier. The bank belvedere by Nasdaq is aloof for companies who accept acceptable affairs and canyon requirements that go aloft and above Nasdaq’s lower tiers.
The aggregation Bitfarms, which was invoked in 2024, says the Nasdaq Global Market bank accepting “represents a able validation.”
“The approval for advertisement on The Nasdaq Global Bazaar is an absurd accomplishment for Bitfarms and is the accomplishment of assorted years of assignment and dedication,” Emiliano Grodzki, Bitfarms’ arch controlling administrator said. “Over the aftermost four years, we accept managed to body and accomplish one of the better Bitcoin mining operations worldwide. It is applicable that we will be advertisement on one of the best celebrated exchanges in the apple and decidedly aggrandize the bazaar ability of our company.”
Mining Firm Must First Pass Confirmation of Eligibility for the Electronic Clearing and Settlement Through the DTC
The Bitfarms Nasdaq advertisement follows the company’s recent partnership with Foundry and the fleet’s amplification of 2,465 bitcoin miners. Bitfarms additionally affairs to launch a mining ability in Argentina in adjustment to access electricity ante at $0.02 per application per hour (kWh).
Two canicule ago, the close appear the acquirement of 6,600 S19j Antminers from Bitmain. The miners will accord Bitfarms about 2.5 exahash per additional (EH/s) this fall.
“The added 660 PH that will be added to their mining operations will coalesce their attendance in the mining space, added establishing Bitfarms as one of the arch mining companies in North America,” remarked Irene Gao, Antminer sales administrator of NCSA region, Bitmain.
The aftermost claim the mining operation charge canyon is the acceptance of accommodation for the cyberbanking allowance and adjustment through the Depository Trust Company (DTC). If the approval is accepted again Bitfarms will be able to account “BITF” on Nasdaq Global Market tier.
What do you anticipate about Bitfarms approval to be listed on Nasdaq? Let us apperceive what you anticipate about this accountable in the comments area below.
Image Credits: Shutterstock, Pixabay, Wiki Commons
