- Bitfarms press release (NASDAQ:BITF): Q2 GAAP EPS of -$0.05 misses by $0.03.
- Revenue of $77.8M (+87.2% Y/Y) misses by $1.98M.
- Adjusted EBITDA* of $14 million, or 18% of revenue, up from $11 million or 28% of revenue in Q2 2024
- The Company earned 718 BTC at an average direct cost of production per BTC* of $48,200.
- Gross mining margin of 45%, down from 51% in Q2 2024.
Bitfarms GAAP EPS of -$0.05 misses by $0.03, revenue of $77.8M misses by $1.98M
