Bitfarms (BITF) 2025 Stock Surge: Bitcoin Miner’s $500M Windfall & AI Pivot Fuel Rally
Bitfarms closed a $588 million convertible notes offering on Oct. 21, 2025, to fund expansion. Shares hit a 52-week high of $5.66 in mid-October, up 197% year-over-year, with a market cap near $2.3 billion. Q2 revenue jumped 87% to $78 million, but the company posted a $29 million net loss. Liquidity stood at $230 million in Q2, with a current ratio of 3.1.