BTCC
/
BTCC Square
/
Coindesk
/
Bitfarms Stock Surges 8% as Bitcoin Miner Announces Aggressive Share Buyback
Bitfarms Stock Surges 8% as Bitcoin Miner Announces Aggressive Share Buyback
19
2
Wall Street shrugs—another crypto company would rather prop up its stock than mine BTC.
Bitfarms just handed shareholders a lifeline while the broader market bleeds. The Bitcoin mining firm's stock jumped 8% after announcing a buyback program—because nothing fixes shaky fundamentals like artificial demand.
Buybacks: The corporate equivalent of rearranging deck chairs on the Titanic... but hey, it works until it doesn't.
By:
Previous
PNC Bank Joins the Crypto Revolution: Partners with Coinbase to Meet Soaring Institutional Demand
Next
SharpLink’s Ether Bet Skyrockets Past $1.3B Milestone in Bold New Acquisition
