No fear. Bitfarms buys another 1,000 bitcoins, increasing the total to $ 177 millionCanadian crypto mining company Bitfarms bought 1,000 bitcoins in 2022.
The company now holds more than 4,300 BTC as of January 10th. "Bitfarms' strategy is to amass the most bitcoins at the lowest cost and in the shortest possible time for the benefit of our shareholders. Since BTC fell while mining hardware prices remained high, we took the opportunity to redeem BTC," said Emiliano Grodzki, Founder and CEO of Bitfarms.
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