Bitfarms posts wider-than-expected Q1 loss amid pivot to HPC/AI business

Cryptocurrency mining rigs in a data center

luza studios/E+ via Getty Images

Bitfarms (NASDAQ:BITF) on Wednesday turned in a wider-than-expected net loss for Q1 2025, as the bitcoin (BTC-USD) data center company focused on pivoting to high-performance computing and artificial intelligence.

Q1 GAAP EPS of -$0.07, vs. -$0.03 average analyst estimate, fell from $0.03 in Q4 2024

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