May 12, 2025

Bitfarms Boosts Bitcoin [BTC] Holdings Amid Mining Revenue Decline and Hostile Takeover Defense

1 min read

Bitfarms mined 189 BTC in June, showcasing a notable increase from the previous month. The mining firm now holds over 900 BTC, with current reserves valued at approximately $57 million. Despite the month-over-month increase, a year-over-year comparison shows a decline in productivity due to industry-wide challenges. Bitfarms reports improved Bitcoin production for June amidst challenging

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Source: CoinOtag

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