Bitfarms (BITF) Stock Whipsaws as Bitcoin Hits Record High, $500M AI Pivot Fuels Rally – What’s Next?
As of midday October 24, Bitfarms stock trades around $4.10, rebounding modestly after a steep sell-off in recent daysts2.tech. The current price is up roughly +5% from Wednesday’s close of $3.94ts2.tech, suggesting some stabilization following a volatile week. On Oct. 22, BITF plunged 12.3% in a single session to $3.94ts2.tech – marking its fifth straight daily declineinsidermonkey.com. That drop capped a rapid slide from the stock’s 52-week high near $6.20 reached just over a week earlier on October 14ts2.tech. In total, Bitfarms shed about 40% of its value in the span of five trading days after that peak, mirroring a pullback in the broader crypto market.
