BITF's HPC & AI Pivot: Can Success Be Fetched Beyond Bitcoin?
Key Takeaways Bitfarms is pivoting from Bitcoin mining to focus on HPC and AI operations.Its Pennsylvania and Washington portfolios target hyperscale clients with cost-efficient energy assets.A $300M Macquarie debt facility and T5 Data Centers partnership support Bitfarms' HPC transition.Bitfarms’ (BITF) pivot to High Performance Computing (HPC) and Artificial Intelligence (AI) signifies a drastic shift in its business model, focusing on diversifying beyond traditional Bitcoin mining. BITF’s mining business ...