Bitfarms Ltd./Canada - CEDEAR

Bitfarms Ltd. is a bitcoin mining company that owns and operates integrated data centers across Canada, the United States, Paraguay, and Argentina. The company operates specialized facilities housing computers designed to validate transactions on the Bitcoin blockchain, providing computational power for hashing calculations essential to cryptocurrency mining operations. Beyond its core mining activities, Bitfarms also offers hosting services for third-party mining hardware and provides electrician services to commercial and residential customers in Quebec, Canada. The company employs a vertically integrated approach to mining operations, incorporating onsite technical repair capabilities and proprietary data analytics to optimize performance. Founded in 2017 and headquartered in Toronto, Ontario, Bitfarms serves as a significant participant in the global cryptocurrency mining industry, leveraging distributed infrastructure across multiple jurisdictions to diversify its operations and mitigate geographic risks.