Wu said that Bitcoin mining company Bitfarms announced its Q1 financial report for 2025, with revenue reaching 67 million USD, a year-on-year increase of 33%; the gross profit margin for Bitcoin mining was 43%, down from 63% in the same period last year. The net loss for this quarter was 36 million USD. As of May 13, Bitfarms held approximately 150 million USD in liquid assets and a total of 1,166 Bitcoins.