Bitfarms Don Launch 10% Share Buyback Amid Shift to AI and HPC

Bitfarms don launch 10% share buyback program to buy back up to 49.9 million common shares, e go run from July 28, 2025 to July 27, 2026. The plan, wey dem approve for TSX and Nasdaq, gët daily buy limit but all the shares dem buy back go canceled to make shareholders get more value. CEO Ben Gagnon talk say the stock no dey valued well and the share buyback show say dem get belief for Bitfarms long term growth. Even tho Bitcoin halving for 2024 tight the mining margin, Bitfarms report loss of $36 million for Q1 2025, wey increase from $6 million the previous year. To support their move from pure mining to AI infrastructure and HPC data centres for Pennsylvania, the company get $300 million credit facility from Macquarie. Bitfarms also sell their mining site for Paraguay to Hive Digital for $85 million, to fund their expansion for USA. The share buyback show how Bitfarms dey shift to many different revenue streams for HPC and AI data centre operations.