Bitfarms to Showcase Innovations at Major NYC Conference
Bitfarms to Showcase Innovations at Major NYC Conference
Bitfarms Ltd. (NASDAQ: BITF) is set to attend an exciting event—the Needham’s 27th Annual Growth Conference, happening soon in New York City. This gathering is a great opportunity for investors, as it brings together leading companies to discuss their advancements and strategies in the fast-evolving tech landscape.
Key Details of the Presentation
During the conference, Bitfarms will conduct investor meetings with key insights shared by its top executives. CEO Ben Gagnon and CFO Jeff Lucas will be leading the presentation on January 15. They are keen to showcase how Bitfarms integrates innovation into its operations, particularly in the Bitcoin mining sector.
Investor Engagement and Insights
The presentation is scheduled for 8:45 to 9:25 AM Eastern time, and it promises to provide valuable insights into the company’s strategies and future prospects. Interested investors can engage with the team through the designated webcast link, which will also feature a replay for those unable to attend live.
About Bitfarms Limited
Founded in 2017, Bitfarms has quickly established itself as a prominent player in the Bitcoin data center industry. The company specializes in providing significant computational power to various mining pools, which in turn compensates them in Bitcoin. Their vertically integrated model ensures that they maintain control over all aspects of their operations, from electrical engineering to onsite technical repairs.
Commitment to Sustainability
Bitfarms operates 12 Bitcoin data centers and is in the process of developing two more. Additionally, it holds agreements to host operations at two other centers. A noteworthy aspect of Bitfarms’ growth is its commitment to sustainability. The company primarily harnesses hydroelectric power and engages in long-term power contracts to ensure its operations remain environmentally friendly.
Continued Growth and Development
The firm’s focus on sustainability not only helps in reducing its environmental footprint but also allows it to tap into often underutilized energy resources. This approach positions Bitfarms as a responsible leader in the cryptocurrency mining industry.
Connecting with Communities
To stay updated with all developments and continued engagement with its growing community, Bitfarms encourages everyone to visit its corporate site and social media channels. These platforms serve as vital tools for fostering community interactions and providing timely updates on corporate events, innovations, and environmental initiatives.
Frequent Communication with Investors
To facilitate communication with investors, Bitfarms offers various channels—from investor meetings at conferences to regular updates through social media. Investors especially appreciate this direct approach, which allows for timely queries and insights.
Frequently Asked Questions
What is the purpose of the Needham Growth Conference?
The Needham Growth Conference serves as a platform for companies like Bitfarms to share their achievements, strategies, and growth potential with the investor community.
When will Bitfarms be presenting at the conference?
Bitfarms is scheduled to present on January 15, from 8:45 to 9:25 AM Eastern time.
How does Bitfarms ensure it operates sustainably?
Bitfarms primarily uses hydroelectric power and engages in long-term contracts that promote environmentally friendly practices in its Bitcoin mining operations.
Can investors access the webcast of the Bitfarms presentation?
Yes, a webcast link will be available for live viewing, and a replay will be accessible for those who miss the presentation.
Who can investors contact for more information about Bitfarms?
Investors can contact Tracy Krumme, SVP, Head of IR & Corp. Comms., at Bitfarms for any inquiries through provided communication channels.
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