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

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© Reuters

Bitfarms in Canada has bought 1000 crypto mining assets since 2022. Its total crypto asset portfolio now exceeds $177 million.

Bitfarms made Monday’s announcement that it bought 1,000 BitcoinsBTCIt 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.