Canada-based Bitcoin mining company Bitfarms announced last week that it has added 1,000 bitcoins (BTC) to its portfolio.
Bitfarms, January 10 in its press release on January 2022 about the first week of the month $43.2 million worth 1,000 units announced that he bought bitcoin. With this transaction, the mining company realized the amount of bitcoin it held. 30% by increasing to 4,300 pieces raised.
Bitfarms CEO Emiliano Grodski about the topic;
Our company strategy is to accumulate bitcoins in the fastest time at the lowest cost for the benefit of shareholders. For this purpose, we always try to use our capital in the best way possible. While mining hardware prices did not change, we had the opportunity to move our capital with the decline in bitcoin. We continue to implement our operational growth strategy and target to reach 8 exahash/second by the end of 2022.
made statements.
Mining company recently They issued a total of 3,452 bitcoins in 2021. had announced.