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Bitfarms: There are no plans to purchase large Mining Rigs in the next two years, and in April, the Bitcoin treasury Holdings dropped to 1005 coins.
ChainCatcher news, Nasdaq-listed Bitcoin mining company Bitfarms officially released its production and operations update report for April, disclosing that there are currently no plans to purchase large Mining Rigs in 2025 or 2026. They will use previously purchased machines to achieve this year's growth target, prioritizing the development of high-performance computing (HPC) business and expanding their energy infrastructure instead of pursuing new hardware. In addition, Bitfarms disclosed that its mining output in April was 268 BTC (an average daily mining output of 8.9 BTC), and its Bitcoin treasury holdings decreased to 1005 BTC, down from 1140 BTC last month, which is approximately 94 million dollars based on the Bitcoin price on April 30.