Bitfarms Files Material Change Report with Canadian Regulators
Ticker: BITF · Form: 6-K · Filed: 2025-07-02T00:00:00.000Z
Sentiment: neutral
Topics: regulatory-filing, material-change, canada
TL;DR
Bitfarms dropped a material change report on SEDAR+ July 1st, check the filings.
AI Summary
On July 1, 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 Form F-10 and Form S-8.
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: medium — Material change reports can signal significant operational or financial shifts, requiring investor attention.
Key Players & Entities
- Bitfarms Ltd. (company) — Registrant
- July 1, 2025 (date) — Filing date of material change report
- SEDAR+ (company) — System for Electronic Data Analysis and Retrieval
- Form F-10 (document) — Registration statement
- Form S-8 (document) — Registration statement
FAQ
What specific information was included in the press release filed on July 1, 2025?
The filing states that the material change report includes a copy of a press release, but the content of the press release itself is not detailed within this 6-K document.
Which registration statements does this material change report get incorporated into?
The report is incorporated by reference into Bitfarms Ltd.'s registration statements on Form F-10 (File No. 333-272989) and Form S-8 (File No. 333-278868 and File No. 333-285894).
What is the purpose of filing a material change report with Canadian securities regulators?
A material change report is filed to promptly inform the public and regulators of any significant change in the business or financial affairs of a reporting issuer.
Is this filing a Form 20-F or Form 40-F annual report?
No, this is a Form 6-K, and the company indicates it files annual reports under Form 40-F.
What is the principal executive office address for Bitfarms Ltd.?
The principal executive offices are located at 110 Yonge Street, Suite 1601, Toronto, Ontario, Canada M5C 1T4.
From the Filing
0001213900-25-060626.txt : 20250702 0001213900-25-060626.hdr.sgml : 20250702 20250701213727 ACCESSION NUMBER: 0001213900-25-060626 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20250701 FILED AS OF DATE: 20250702 DATE AS OF CHANGE: 20250701 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: 251098162 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 ea0247703-6k_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 July 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 July 1, 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) and Form S-8 (File No. 333-278868 and File No. 333-285894 ), each as amended or supplemented. See the Exhibits listed below. Exhibits Exhibit No. Description 99.1 Material Change Report dated July 1, 2025 99.2 Report of Voting Results dated June 30, 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: July 1, 2025 2 EX-99.1 2 ea024770301ex99-1_bitfarms.htm MATERIAL CHANGE REPORT DATED JULY 1, 2025 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 June 30, 2025. Item 3 News Release The press release attached as Schedule “A” was released on July 1, 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 July 1, 2025. Schedule “A” Bitfarms Announces Results of Annual General and Special Meeting of Shareholders 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 (June 30, 2025) - Bitfarms Ltd. (Nasdaq/TSX: BITF) (the “Company”), a global vertically integrated Bitcoin data center company, t