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Stocks in play: Bitfarms Ltd.

Today provides a Bitcoin production update. Since starting its Bitcoin Inventory Pilot Program in early January this year, Bitfarms has been adding almost all newly mined Bitcoins to its balance sheet. In 2021, through the close of business on June 9, Bitfarms has added 1,114 mined Bitcoin to treasury. This Bitcoin is currently worth over US$41 million based on a Bitcoin price of $37,000 U.S.. Bitfarms Ltd. shares V.BITF are trading down $0.21 at $5.14.

Read: Is This The Most Exciting Oil Play Of The Last 20 Years?