BlockBeats News, on August 12, the American stock-listed Bitcoin mining company Bitfarms released its financial performance report for the second quarter ending June 30, 2025, which disclosed the establishment of a second major executive office in New York City and the initiation of a company stock buyback plan. In the second quarter, the company sold 1,052 Bitcoins at an average price of $95,500, with total revenues of $100 million. The company's total revenue was $78 million, representing a year-on-year increase of 87%. As of August 11, 2025, it held 1,402 Bitcoins.

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