Nasdaq has approved Bitfarms’ application to list its shares.
📢 Bitfarms today announces Bitfarms’ application to list its common stock on the @Nasdaq Global Market® was approved by The Nasdaq Stock Market (“Nasdaq”) under the symbol “BITF”. pic.twitter.com/VckX1MiMGV
— Bitfarms (@Bitfarms_io) May 7, 2021
The shares will be listed on the Global Select Market, where shares of other crypto-mining firms are traded.
The shares will bear the ticker BITF. Bitfarms has traded under the same ticker on the Toronto Stock Exchange’s main board since July 2019.
The listing date remains to be determined. The remaining item is confirmation from the DTC that Bitfarms’ securities are eligible for electronic clearance and settlement.
Owners of Bitfarms shares traded over-the-counter in the United States under the ticker BFARF will be able to transfer them to Nasdaq.
In April 2021, Bitfarms joined the Foundry USA mining pool and announced the construction of a 210 MW mining centre in Argentina.
In March 2021, the company purchased 48,000 ASIC miners with a view to reaching a hash rate of 8 EH/s by the end of 2022.
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