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Bitfarms | 6-K: Report of foreign private issuer [Rules 13a-16 and 15d-16]

SEC announcement · Mar 25 09:28

BITF -3.57%

Summary by Moomoo AI

On March 25, 2024, Bitfarms Ltd., a global Bitcoin mining company, announced a leadership transition with the departure of L. Geoffrey Morphy, the current President, CEO, and Director. Morphy will continue to lead the company until a successor is found, with the assistance of a CEO search committee and an executive search firm. The company reiterated its year-end guidance for 2024, aiming for 21 EH/s and 21 w/TH. Morphy's tenure saw significant growth and international expansion, with operations now in Canada, the U.S., Paraguay, and Argentina. The company's focus remains on maximizing shareholder value and maintaining its position as a top performer in the industry. This announcement was filed with the Canadian Securities Regulatory Authorities and incorporated into Bitfarms' Registration Statement on Form F-10.

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