ChainCatcher News, the U.S. listed Bitcoin mining company Bitfarms has released its second quarter financial performance report for the period ending June 30, 2025, which discloses the establishment of a second major executive office in New York City, as well as the initiation of a company stock buyback program. In the second quarter, the company sold 1,052 Bitcoins at an average price of $95,500, generating total revenue of $100 million. The company's total revenue was $78 million, an increase of 87% year-over-year, and as of August 11, 2025, it held 1,402 Bitcoins.