Bitfarms: Bitcoin treasury positions dropped to 1005 in April, and plans to stop buying large BTC mining machines this year and next."
According to online reports, Nasdaq-listed bitcoin mining company Bitfarms released an April production and operations update report, which disclosed that there are no plans to purchase large bitcoin mining machines in 2025 or 2026, and will use previously purchased machines to achieve this year's growth goal is to no longer pursue new hardware but prioritize the development of the high-performance computing (HPC) business and expand its energy infrastructure. In addition, Bitfarms disclosed that mining output in April was 268 BTC (average daily mining output was 8.9 BTC), and Bitcoin treasury positions fell to 1005 BTC, down from 1140 BTC last month, based on April 30 Bitcoin prices calculated at approximately US$94 million.
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