Is Bitfarms Ltd. (BITF) the Best Cryptocurrency Stock to Buy According to Wall Street? [Yahoo! Finance]
Bitfarms Ltd. (BITF)
Company Research
Source: Yahoo! Finance
Post Donald Trump's victory in the US presidential elections, the price of bitcoin rose above $80,000 for the first time ever. Other cryptocurrencies such as dogecoin which is the favorite coin of Elon Musk, a strong Trump supporter, are also posting gains, as reported by BBC. On November 12, Bitcoin neared a record $90,000. While Trump has revealed his plans to make America the crypto capital of the world, he has stated that he would be sacking the current chair of the Securities and Exchange Commission, Gary Gensler, who has led the SEC's crackdown on the crypto market. Gensler tried to regulate the market which he believed, was at least partially made up of securities trading illegally. Market analyst at StoneX Financial, Matt Simpson, emphasized that bitcoin prices could go as high as $100,000 in case the Trump administration deregulates crypto. Although Trump was once railing against cryptocurrencies, he later embraced crypto as he started a new crypto business called World
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BITF
News
- Bitfarms Files Second Amended and Restated Prospectus Supplement for its Existing At-the-Market Equity Offering Program [Canadian Business Journal (Canada)]Canadian Business Journal
- Bitfarms Files Second Amended and Restated Prospectus Supplement for its Existing At-the-Market Equity Offering ProgramGlobeNewswire
- High Growth Tech Stocks To Watch For Potential Portfolio Boost [Yahoo! Finance]Yahoo! Finance
- Bitfarms Announces Restatement of Previously Issued Financial Statements [Canadian Business Journal (Canada)]Canadian Business Journal
- Bitfarms Announces Restatement of Previously Issued Financial StatementsGlobeNewswire
BITF
Sec Filings
- 12/20/24 - Form F-4/A
- 12/18/24 - Form SUPPL
- 12/18/24 - Form 6-K
- BITF's page on the SEC website