Bitfarms Files Material Change Report with Canadian Regulators

Ticker: BITF · Form: 6-K · Filed: 2025-07-29T00:00:00.000Z

Sentiment: neutral

Topics: regulatory-filing, material-change, canada

Related Tickers: BITF

TL;DR

Bitfarms dropped a material change report via SEDAR+ on July 28th, check the filings.

AI Summary

On July 28, 2025, Bitfarms Ltd. filed a material change report with Canadian Securities Regulatory Authorities. This report includes a press release, which is incorporated by reference into several of Bitfarms' existing registration statements on Forms F-10 and S-8. The filing was made through SEDAR+.

Why It Matters

This filing indicates a significant update or change in Bitfarms' operations or financial status, requiring disclosure to regulatory bodies and investors.

Risk Assessment

Risk Level: medium — Material change reports can signal significant operational or financial shifts, requiring closer investor scrutiny.

Key Players & Entities

FAQ

What specific information was disclosed in the press release attached to the material change report?

The provided text states that the material change report includes a press release, but it does not detail the contents of that press release.

Which specific registration statements on Form F-10 and Form S-8 are being amended or supplemented by this filing?

The filing references 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 significance of filing a 'material change report'?

A material change report is filed when a company experiences a significant change that would reasonably be expected to have a significant effect on the market price or value of its securities.

What is SEDAR+?

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

Does this filing indicate a new offering or a change in existing securities?

The filing incorporates the press release into existing registration statements (F-10 and S-8), suggesting it may relate to amendments or updates concerning those registrations rather than a completely new offering.

From the Filing

0001213900-25-068395.txt : 20250729 0001213900-25-068395.hdr.sgml : 20250729 20250728214859 ACCESSION NUMBER: 0001213900-25-068395 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20250728 FILED AS OF DATE: 20250729 DATE AS OF CHANGE: 20250728 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: 251157372 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 ea025042301-6k_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 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 x DOCUMENTS INCLUDED AS PART OF THIS FORM 6-K On July 28, 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 28, 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: July 28, 2025 EX-99.1 2 ea025042301ex99-1_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 July 28, 2025 Item 3 News Release The press release attached as Schedule “A” was released on July 28, 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 28, 2025. Schedule “A” Bitfarms Announces Second Principal Executive Office in NYC and Initiates Conversion to U.S. GAAP Toronto, Ontario and New York, New York (July 28, 2025) - Bitfarms Ltd. (Nasdaq/TSX: BITF) (the “Company”), a global energy and compute infrastructure company, today announced that the New York City office it acquired as part of the previous acquisition of Stronghold Digital Mining, Inc. will be identified as Bitfarms’ second Principal Executive Office (“PEO”) in its filings with the securities commissions in Canada and with the United States Securitie

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