Mining company Bitfarms releases Q2 financial report: total revenue of $78 million, holding 1402 bitcoins

According to BlockBeats, on August 12th, Bitfarms, a US listed Bitcoin mining company, released its second quarter financial performance report as of June 30, 2025. It disclosed the establishment of a second main executive office in New York City and the launch of the company's stock repurchase plan. In the second quarter, the company sold 1052 bitcoins at an average price of $95500, with a total revenue of $100 million and a total revenue of $78 million, a year-on-year increase of 87%. As of August 11, 2025, the company held 1402 bitcoins.