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Bitfarms Reports 87% Revenue Surge in Q2 2025 Amid AI Infrastructure Push

Bitfarms Reports 87% Revenue Surge in Q2 2025 Amid AI Infrastructure Push

Published:
2025-08-12 11:48:02
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BTCCSquare news:

Bitfarms Ltd. (BITF) delivered a robust second-quarter performance, with revenue soaring 87% year-over-year to $78 million. The energy and compute infrastructure firm is aggressively expanding its High-Performance Computing and AI capabilities, positioning itself as a key player in North America's emerging AI infrastructure sector.

The company's strategic moves include a $300 million debt facility arrangement with Macquarie Group for its Panther Creek campus development in Pennsylvania, alongside a partnership with T5 Data Centers. CEO Ben Gagnon highlighted the significance of Bitfarms' 1 GW energy pipeline across Pennsylvania, Washington, and Quebec as a competitive advantage in the race to power AI operations.

|Square

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