Bitfarms Files Material Change Report with Canadian Regulators

Ticker: BITF · Form: 6-K · Filed: 2025-03-17T00:00:00.000Z

Sentiment: neutral

Topics: disclosure, regulatory-filing, material-change

TL;DR

Bitfarms dropped a material change report on SEDAR+ today, check the filings.

AI Summary

On March 17, 2025, Bitfarms Ltd. filed a material change report with Canadian securities regulators, including a press release. This report is incorporated by reference into several of Bitfarms' existing registration statements on Forms F-10, S-8, and F-4.

Why It Matters

This filing indicates a significant update or change in the company's operations or financial status, which could impact investor decisions.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of a material change report and does not inherently present new risks.

Key Players & Entities

FAQ

What specific information was included in the press release filed with the material change report?

The provided text states that the material change report includes a copy of a press release, but the content of that press release is not detailed in this excerpt.

Which Canadian securities regulatory authorities received the material change report?

The filing indicates the report was filed with the 'Canadian Securities Regulatory Authorities on the System for Electronic Data Analysis and Retrieval + (SEDAR +)'.

What are the file numbers for the registration statements into which this report is incorporated?

The registration statements are on Form F-10 (File No. 333-272989), Form S-8 (File No. 333-278868), and Form F-4 (File No. 333-282657).

What is the Commission File Number for Bitfarms Ltd.?

The Commission File Number for Bitfarms Ltd. is 001-40370.

Does Bitfarms Ltd. file annual reports under Form 20-F or Form 40-F?

Bitfarms Ltd. files annual reports under Form 40-F, as indicated by the checkmark next to 'Form 40-F'.

From the Filing

0001213900-25-024579.txt : 20250317 0001213900-25-024579.hdr.sgml : 20250317 20250317164644 ACCESSION NUMBER: 0001213900-25-024579 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20250317 FILED AS OF DATE: 20250317 DATE AS OF CHANGE: 20250317 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Bitfarms Ltd CENTRAL INDEX KEY: 0001812477 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 000000000 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-40370 FILM NUMBER: 25745251 BUSINESS ADDRESS: STREET 1: 110 YONGE STREET STREET 2: SUITE 1601 CITY: TORONTO STATE: A6 ZIP: M5C 1T4 BUSINESS PHONE: 647-259-1790 MAIL ADDRESS: STREET 1: 110 YONGE STREET STREET 2: SUITE 1601 CITY: TORONTO STATE: A6 ZIP: M5C 1T4 6-K 1 ea023457801-6k_bitfarms.htm FORM 6-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of March 2025 Commission File Number: 001-40370 BITFARMS LTD. (Translation of registrant’s name into English) 110 Yonge Street, Suite 1601, Toronto, Ontario, Canada M5C 1T4 (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ¨ 	Form 40-F x DOCUMENTS INCLUDED AS PART OF THIS FORM 6-K On March 17, 2025, the Registrant filed with the Canadian Securities Regulatory Authorities on the System for Electronic Data Analysis and Retrieval + (SEDAR +) a material change report that includes a copy of a press release, a copy of which is attached hereto as Exhibit 99.1, which is incorporated by reference into the Registration Statements of Bitfarms Ltd. on Form F-10 (File No. 333-272989), Form S-8 (File No. 333-278868) and Form F-4 (File No. 333-282657), each as amended or supplemented. See the Exhibits listed below. Exhibits Exhibit No. Description 99.1 Material Change Report dated March 17, 2025 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. BITFARMS LTD. By: /s/ Ben Gagnon Name: Ben Gagnon Title: Chief Executive Officer Date: March 17, 2025 EX-99.1 2 ea023457801ex99-1_bitfarms.htm MATERIAL CHANGE REPORT Exhibit 99.1 FORM 51-102F3 MATERIAL CHANGE REPORT Item 1 Name and Address of Company Bitfarms Ltd. (“Bitfarms” or the “Company”) 110 Yonge Street, Suite 1601 Toronto, Ontario M5C 1T4 Item 2 Date of Material Change March 17, 2025 Item 3 News Release The press release attached as Schedule “A” was released on March 17, 2025 by a newswire company in Canada. Item 4 Summary of Material Change The material change is described in the press release attached as Schedule “A”. Item 5 Full Description of Material Change The material change is described in the press release attached as Schedule “A”. Item 6 Reliance of subsection 7.1(2) of National Instrument 51-102 Not applicable. Item 7 Omitted Information Not applicable. Item 8 Executive Officer Ben Gagnon Chief Executive Officer Bitfarms Ltd. Bgagnon@bitfarms.com Item 9 Date of Report March 17, 2025. Schedule “A” Bitfarms Advances U.S. Strategy with Completion of Stronghold Digital Mining Acquisition -1.1 GW PA Growth Pipeline Strategically Located for HPC/AI and BTC Mining- - Positions Bitfarms as the leading Bitcoin miner in PJM market- This news release constitutes a “designated news release” for the purposes of the Company’s second amended and restated prospectus supplement dated December 17, 2024, to its short form base shelf prospectus dated November 10, 2023. Toronto, Ontario (March 17, 2025) - Bitfarms Ltd. (NASDAQ/TSX: BITF), a global Bitco

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