Bitcoin News Today: Bitfarms Launches Share Buyback Boosts Stock 26% on Bitcoin Holdings Strategy
-
最新报道：Bitfarms has announced a $240 million share buyback program, causing its stock to surge 26%. The Bitcoin mining firm plans to repurchase up to 10% of its outstanding shares over the next 12 months while maintaining its BTC holdings strategy. CEO Geoff Morphy stated the buyback reflects confidence in the company's long-term value and commitment to shareholder returns. Bitfarms currently holds approximately 5,300 BTC worth around $250 million, adopting a "HODL" approach despite market volatility. The move comes as mining companies face pressure from falling Bitcoin prices and rising energy costs, with Bitfarms positioning itself as financially resilient through strategic treasury management.
下一篇
BYD to Start Local EV Assembly in Pakistan by 2026 to Bypass Import Restrictions and Cut Costs
- BYD plans to start local electric vehicle assembly in Pakistan by 2026 through a partnersh...
24小时热点
热点专题
417590