Bitcoin mining company Bitfarms released its Q1 2025 financial report: revenue rise of 33%, net loss of 36 million dollars.

According to the Gate.io News bot, Bitfarms, a Bitcoin mining company, released its financial report for the first quarter of 2025. The data shows that the company's revenue for the first quarter reached $67 million, a rise of 33% compared to the same period last year. The gross margin for Bitcoin mining was 43%, down from 63% in the same period last year. The financial report indicates that the company had a net loss of $36 million this quarter.

As of May 13, Bitfarms holds approximately $150 million in liquid assets, with a Bitcoin holding of 1,166 coins.

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