- Bitfarms press release (BITF): Q3 GAAP EPS of -$0.08 misses by $0.06.
- Revenue of $69.25M (+155.8% Y/Y) misses by $15.41M.
- Adjusted EBITDA* of $20 million, or 28% of revenue, up from $2 million or 8% of revenue in Q3 2024
- Gross mining margin* of 35%, down from 44% in Q3 2024
- The Company earned 520 BTC at an average Direct Cost per BTC* of $48,200
Bitfarms GAAP EPS of -$0.08 misses by $0.06, revenue of $69.25M misses by $15.41M