Bitfarms purchased more than $43M in Bitcoin to start the new year By Cointelegraph – Investing.com
- Date: 12-Jan-2022
- Source: Investing.com
- Sector:Financial Markets
- Country:Middle East
Bitfarms purchased more than $43M in Bitcoin to start the new year By Cointelegraph – Investing.com
Canadian crypto mining firm Bitfarms has already bought 1,000 in 2022, making its total holdings of the crypto asset more than $177 million.
In a Monday announcement, Bitfarms said it purchased 1,000 Bitcoin (BTC) for $43.2 million in the first week of January, roughly the same amount the company added to its treasury in both the third and fourth quarters of 2021. According to the mining firm, it currently holds more than 4, as of Jan. 10, roughly $177 million at a price of $41,183.
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