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07/25 00:40

Bitfarms stock jumps 26% after buyback plan:

Bitfarms stock jumps 26% after buyback plan: Is more to come?

Bitfarms’ purchase of 10% of its floating shares over a 12-month period led to a 26% stock gain. The company maintains its position as the sixth most valuable Bitcoin miner, with $22 million worth of BTC held.

Bitfarms [TSE: BITF], a Bitcoin [BTC] mining company, has announced a corporate share buyback program, with a year-long extension from the 28th of July 2025, to the 27th of July 2026.

The announcement states that the Toronto Stock Exchange (TSE) and possibly the Nasdaq Stock Exchange (NASDAQ) will supervise the programming 66CAFC62-9EBC-4A28-A2D9-2E010AF6B134-1000x600.webp

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