Bitfarms Ltd. Files 6-K Report with SEC

TL;DR

Bitfarms filed a 6-K with the SEC on April 1, 2025, referencing a press release and its F-10 registration.

AI Summary

On April 1, 2025, Bitfarms Ltd. filed a press release with Canadian Securities Regulatory Authorities via SEDAR+. This filing is incorporated by reference into Bitfarms' Form F-10 registration statement (File No. 333-272989). The company is a foreign private issuer and is filing a Form 6-K report for the month of April 2025.

Why It Matters

This filing indicates ongoing regulatory compliance and reporting for Bitfarms Ltd., a publicly traded cryptocurrency miner, which is important for investor transparency.

Risk Assessment

Risk Level: low — This is a routine filing of a report and press release, not indicating any new material events or financial distress.

Key Numbers

• 001-40370 — SEC File Number (Identifies the specific SEC filing for Bitfarms Ltd.)
• 333-272989 — Form F-10 File Number (References the registration statement where this filing is incorporated.)

Key Players & Entities

• Bitfarms Ltd. (company) — Registrant
• April 1, 2025 (date) — Filing date
• SEDAR+ (company) — Filing system
• Form F-10 (document) — Registration statement
• 333-272989 (document) — File number for Form F-10
• 001-40370 (document) — Commission file number for Form 6-K

FAQ

From the Filing

0001213900-25-027244.txt : 20250401 0001213900-25-027244.hdr.sgml : 20250401 20250401170604 ACCESSION NUMBER: 0001213900-25-027244 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20250401 FILED AS OF DATE: 20250401 DATE AS OF CHANGE: 20250401 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Bitfarms Ltd CENTRAL INDEX KEY: 0001812477 STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199] ORGANIZATION NAME: 09 Crypto Assets EIN: 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: 25800719 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 ea0236511-6k_bitfarms.htm REPORT OF FOREIGN PRIVATE ISSUER 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 April 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 ☒ DOCUMENTS INCLUDED AS PART OF THIS FORM 6-K On April 1, 2025, the Registrant filed with the Canadian Securities Regulatory Authorities on the System for Electronic Data Analysis and Retrieval + (SEDAR +) a press release, a copy of which is attached hereto as Exhibit 99.1. Exhibit 99.1 is hereby incorporated by reference into the Registration Statement of Bitfarms Ltd. on Form F-10 (File No. 333-272989 ), as amended or supplemented. See the Exhibits listed below. Exhibits Exhibit No. Description 99.1 Press release dated April 1, 2025 1 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: April 1, 2025 2 EX-99.1 2 ea023651101ex99-1_bitfarms.htm PRESS RELEASE DATED APRIL 1, 2025 Exhibit 99.1 Bitfarms Provides March 2025 Production and Operations Update - Operational hashrate of 19.5 EHuM and fleet efficiency of 19 w/TH– -Completes acquisition of Stronghold Digital Mining & sale of Yguazu, Paraguay data center- -Appoints two new key HPC/AI and Infrastructure Executives- 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 (April 1, 2025) - Bitfarms Ltd. (NASDAQ/TSX: BITF), a global energy and compute infrastructure company, today issued its latest monthly production report. All financial references are in U.S. dollars. CEO Ben Gagnon stated, “March was a very productive month for Bitfarms. We successfully closed both our transformative acquisition of Stronghold Digital Mining, the largest M&A deal between two public miners in our industry, and the strategic sale of our 200 MW Yguazu data center. Through these transactions, we have rebalanced our portfolio to the U.S. where we expect to achieve greater yields per MW, reduced our average cost of power across our portfolio, minimized our 2025 capex requirements, and secured highly desirable sites that will enable us to diversify beyond Bitcoin mining into HPC/AI and energy generation. “In addition, we advanced our HPC/AI strategy with both the appointments of James Bond, SVP of HPC, and Craig Hibbard, SVP of Infrastructure, and the continued evaluation of our t