Bitfarms releases Q1 financial report: holds 1,166 Bitcoins

Odaily News Nasdaq-listed Bitcoin mining company Bitfarms announced its Q1 2025 financial report, with revenue reaching $67 million, a year-on-year increase of 33%; Bitcoin mining gross profit margin was 43%, lower than 63% in the same period last year. Net loss for the quarter was $36 million. As of May 13, Bitfarms held approximately $150 million in liquid assets and a total of 1,166 Bitcoins.