Markets
Bitfarms Shares Drop 12% After $46 Million Loss, Announces Pivot to AI and High-Performance Computing
Shares of Bitfarms (BITF) fell more than 12% on Thursday morning after the Bitcoin mining firm reported weaker-than-expected third-quarter earnings and unveiled plans to convert one of its key mining sites into an artificial intelligence (AI) and high-performance computing (HPC) hub. The company posted $69 million in revenue for the