Bitcoin Rally & AI Pivot Send Bitfarms (BITF) Stock Soaring – 148% YTD Gain
Bitfarms Ltd. (NASDAQ/TSX: BITF) is riding a major crypto bull run. As of mid‑October 2025, BITF trades around the mid-$4s USD on NASDAQ (roughly C$5.9 on TSX) theminermag.com investing.com. The stock has skyrocketed ~148% year-to-date ts2.tech, driven by Bitcoin’s surge and the company’s pivot into AI/high-performance computing (HPC). For example, on Oct 10 BITF jumped into the mid‑$4s (climbing 12.2% to ~$4.68, intraday as high as 16.3%) markets.financialcontent.com. This follows a roughly +440% gain over the past 6 months markets.financialcontent.com, leaving BITF near multi-year highs (TSX peak ~C$7.12 in September investing.com). Stock Price & Recent Trend Bitfarms’ share price has