Bitfarms - CEO, Emiliano Grodzki.
CEO, Emiliano Grodzki.
Source: Bitfarms.
  • Bitfarms (BITF) has retained LHA Investor Relations to expand its market awareness and convey its growth strategy to investors
  • LHA will employ enhanced communications, drive investor and sell-side analyst targeting, organize roadshows, and provide capital markets advisory services
  • LHA has been engaged at a rate of US$20,000 per month for an initial term of six months
  • Bitfarm is a Bitcoin mining company
  • Bitfarms Ltd. (BITF) opened trading at C$6.75 per share

Bitfarms (BITF) has retained LHA Investor Relations, a leading IR and strategic advisory firm.

LHA will focus on expanding market awareness for Bitfarms and conveying the company’s business model and growth strategies to the institutional and retail investment communities.

LHA plans to build greater investor community awareness through enhanced communications, drive investor and sell-side analyst targeting, organize non-deal roadshows, and will provide capital markets advisory services.

“Recognizing LHA’s veteran presence in capital markets and deep experience with larger, high-growth companies, we believe LHA is a perfect fit for our company as we transition beyond a micro-cap company,” said Bitfarms CEO Emiliano Grodzki.

LHA has been engaged at a rate of US$20,000 per month for an initial term of six months. The agreement with LHA is subject to TSX Venture Exchange approval.

Bitfarm is a Bitcoin mining company, running integrated mining operations with onsite technical repair, proprietary data analytics and company-owned electrical engineering and installation services to deliver high operational performance and uptime.

Bitfarms has a diversified production platform with five industrial-scale facilities located in Québec. Each facility is over 99 per cent powered with environmentally-friendly hydropower and secured with long-term power contracts.

Bitfarms Ltd. (BITF) opened trading at C$6.75 per share.

More From The Market Online

Top crypto stocks and ETFs to consider before the Bitcoin halving

Read about 10 of the highest-performing Bitcoin stocks and ETFs leading up to the cryptocurrency's April 2024 halving.

Hut 8 right-sizes mining capacity before Bitcoin halving

Hut 8, one of North America's largest Bitcoin miners, energizes one-third of its 63 MW Salt Creek mining site in Culberson County, Texas.
Cryptocurrencies

Regulatory clarity for market evolution: Canada’s position in global crypto industry

Canada is a forefront contender in financial innovation and cryptocurrency, with significant potential to dominate the digital asset sector.

Crypto stock Bitfarms adds upside to rising Bitcoin price

Bitfarms (TSX:BITF) reaches a hashrate of 7 exahash per second after installing over 5,000 Bitmain T21 miners in Quebec.