Bitcoin Boom and $500M AI Pivot Ignite Wild Ride in Bitfarms (BITF) Stock – What’s Next?
Bitfarms shares surged 148% year-to-date, trading near $4.90 on Oct. 27, 2025, after a volatile month that saw a 52-week high above $6 and a sharp drop to $3.94. The company raised $500 million in convertible notes to fund a new HPC/AI campus in Pennsylvania and named Jonathan Mir as CFO, replacing Jeff Lucas. Trading volume spiked, mirroring wild swings in Bitcoin, which topped $125,000 before retreating.