## Bitfarms Q2: Bitcoin Sales and Holdings Bitfarms (BITF), a publicly traded Bitcoin mining company, recently released its Q2 earnings report, revealing significant Bitcoin sales. The company sold 1052 BTC during the second quarter at an average price of $95,500, generating substantial revenue. As of August 11th, Bitfarms reported holding 1402 BTC. This strategic decision to sell a portion of their holdings allows Bitfarms to manage operational costs and potentially invest in infrastructure upgrades. The Bitcoin mining landscape is constantly evolving, and companies like Bitfarms are adapting to market conditions by balancing BTC accumulation with strategic sales. This allows them to remain competitive and invest in future growth within the Bitcoin ecosystem. ```