energyexpansion

*Bitfarms Shifts Focus to High-Performance Computing and Energy Expansion*

Bitfarms, a Nasdaq-listed Bitcoin mining company, is diversifying its business by prioritizing high-performance computing (HPC) and energy infrastructure expansion. The company will utilize previously acquired machines to meet growth targets, rather than purchasing new mining equipment.

*Key Highlights:*

- *HPC Business Development*: Bitfarms is leveraging its infrastructure for AI and HPC applications.
- *Energy Expansion*: The company is expanding its energy infrastructure, including a potential acquisition of Stronghold Digital Mining.
- *April Mining Output*: 268 BTC mined, averaging 8.9 BTC per day.
- *Bitcoin Treasury Holdings*: 1,005 BTC, valued at approximately $94 million.

*What's Next?*

- *Diversification*: Bitfarms aims to capitalize on growth opportunities in HPC/AI and energy infrastructure.

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