Bitcoin Boom Sends Bitfarms (BITF) Stock Soaring – New $500M Deal & AI Pivot Fuel Rally
Bitfarms Stock Volatile as it Hits $5 Amid Crypto Surge It’s been a whirlwind week for Bitfarms stock. The price seesawed dramatically, reflecting both crypto market excitement and company-specific news. On Tuesday, Oct. 14, BITF shares spiked as high as $6.20 intraday, a new 52-week high, before closing at $5.89 – up nearly 9% that daynasdaq.com. Trading volume that session was triple the three-month average, highlighting intense investor interestnasdaq.com. By Friday’s close (Oct. 17), the stock had pulled back to $5.01 (down 5% on the day) amid profit-taking and financing newsmarketbeat.com. Even with the late-week dip, Bitfarms finished about 19%