CoinVoice has recently learned that, according to The Block, Bitcoin miner Bitfarms' revenue in the second quarter increased by 87% year-on-year, reaching $78 million. The company plans to relocate to the United States, benefiting from President Trump's strong support for cryptocurrencies and artificial intelligence.

Currently, 82% of Bitfarms' energy portfolio is located in North America, including multiple sites in the United States and a facility in Quebec, Canada. The company plans to cease mining operations in Argentina due to economic uncertainty in the region.

Additionally, Bitfarms has initiated a stock repurchase plan, having repurchased 4.9 million shares as of August 8, at an average price of $1.24 per share. [Original link]