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Bitfarms purchased more than $43M in Bitcoin to start the new year -Breaking

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© Reuters.

Bitfarms, a Canadian crypto mining company has purchased 1,000 crypto assets in 2022. This makes its total crypto asset holdings more than $177million.

Bitfarms announced Monday that it had purchased 1000 Bitcoins (BTCIt bought it for $43.2 million during the first week in January. That is approximately the same amount that the company added in its treasury the fourth and third quarters of 2021. According to the mining company, its current holdings are more than 4. As of Jan. 10, it had $177million at $41,183.