Bitfarms Ltd. Files 6-K, Incorporates Press Release

Ticker: BITF · Form: 6-K · Filed: 2025-05-07T00:00:00.000Z

Sentiment: neutral

Topics: regulatory-filing, press-release, canada

TL;DR

Bitfarms filed a 6-K, referencing a May 1st press release and other Canadian filings.

AI Summary

Bitfarms Ltd. filed a Form 6-K on May 7, 2025, reporting a press release filed on May 1, 2025, with Canadian Securities Regulatory Authorities via SEDAR+. This press release is incorporated by reference into Bitfarms' Form F-10 registration statement. The filing also notes a report filed on May 6, 2025, with Canadian Securities Regulatory Authorities.

Why It Matters

This filing indicates ongoing regulatory compliance and disclosure activities by Bitfarms Ltd. in Canada, which could impact investor confidence and information flow.

Risk Assessment

Risk Level: low — This is a routine filing reporting previously disclosed information and other standard regulatory submissions.

Key Players & Entities

FAQ

What is the primary purpose of this Form 6-K filing?

The primary purpose is to report a press release filed on May 1, 2025, with Canadian Securities Regulatory Authorities and to incorporate it by reference into Bitfarms' Form F-10 registration statement.

When was the press release mentioned in the filing originally submitted?

The press release was originally submitted on May 1, 2025.

What is SEDAR+?

SEDAR+ is the System for Electronic Data Analysis and Retrieval, used for filing with Canadian Securities Regulatory Authorities.

Which registration statement is referenced in this filing?

Bitfarms' Form F-10 registration statement (File No. 333-272989) is referenced.

What other filing is mentioned as being made on May 6, 2025?

The filing mentions that on May 6, 2025, the Registrant filed with the Canadian Securities Regulatory Authorities, though the specific document type is not detailed in the provided text.

From the Filing

0001213900-25-040347.txt : 20250507 0001213900-25-040347.hdr.sgml : 20250507 20250506210454 ACCESSION NUMBER: 0001213900-25-040347 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 5 CONFORMED PERIOD OF REPORT: 20250506 FILED AS OF DATE: 20250507 DATE AS OF CHANGE: 20250506 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: 25918986 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 ea024116301-6k_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 May 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 May 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. On May 6, 2025, the Registrant filed with the Canadian Securities Regulatory Authorities on SEDAR + a press release, a copy of which is attached hereto as Exhibit 99.2, which is incorporated herein by reference. See the Exhibits listed below. Exhibits Exhibit No. Description 99.1 Press release dated May 1, 2025 99.2 Press release dated May 6, 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: May 6, 2025 2 EX-99.1 2 ea024116301ex99-1_bitfarms.htm PRESS RELEASE DATED MAY 1, 2025 Exhibit 99.1 Bitfarms Provides April 2025 Production and Operations Update - New private debt facility with a division of Macquarie Group for up to $300 million to fund initial HPC project development at Panther Creek, validating the attractiveness of Bitfarms’ potential HPC data center development pipeline- --Operational hashrate of 19.5 EHuM and fleet efficiency of 19 w/TH– 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 (May 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, “In April, we secured an attractive financing facility for up to $300 million with a division of Macquarie Group, one of the world’s largest and most reputable infrastructure investors. These funds will be used solely to fund HPC data center development at our Panther Creek location. Panther Creek has the scale, location, power availability, and fiber connectivity that we expect will attract notable HPC counterparties. This site also has the quickest

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