Cutting Through the Noise: Identifying the Real Bitfarms by Stephanie Wargo

Posted By: Stephanie Wargo

Bitfarms is a vertically integrated global bitcoin miner listed on the TSX and Nasdaq Exchanges under the trading symbol “BITF.” We are one of the largest mining companies in the industry, and as such, bad actors often attempt to imitate Bitfarms and/or mislead investors into fraudulent activities. 

As a publicly traded company, we sell common stock that is available for purchase through a registered broker dealer or via an online trading account. Bitfarms will never contact you to offer a direct share purchase plan, nor do we contract any third party to offer direct investments of any kind. 

With scammers on the rise, Bitfarms wants to set the record straight on who we are, how we operate, and the official way we interact with investors. 

 Our company conducts business in four countries across two continents: Canada, the United States, Paraguay, and Argentina. Information on our company as well as all regulatory filings, including financial statements and notifications of material change, can be found on the System for Electronic Document Analysis and Retrieval (SEDAR) website as well as on the company’s website. They can also be found on EDGAR. 

Please note that our company does not sell bitcoin directly to the public. When we mine bitcoin, we keep it as a digital asset. Alternatively, Bitfarms will exchange bitcoin for U.S. dollars through reputable and established cryptocurrency trading platforms as needed. 

If you are ever approached by someone claiming to be from Bitfarms or contracted to represent Bitfarms, it is likely fraudulent. The above avenues are the only ways to invest in Bitfarms. 

You can reach out to Bitfarms’ Investor Relations firm, LHA, with questions. Please email David Barnard at bitfarms@lhai.com or call +1 415-433-3777. 

Don’t forget to subscribe to Bitfarms’ email list to stay up-to-date on the latest news and developments about the company. 

Have more questions? Check out our FAQ page. 

Tagged: Bitcoin, Branding