Nasdaq Approves To List The Bitcoin Mining Bitfarm Application!
Have you heard the news that the bitcoin mining bitfarm is going to be listed on the Nasdaq?
17:20 18 May 2021
Yes, this is the good news, and it was announced by the Toronto-based bitcoin mining bitfarm company. They said that the company had been approved for the standard stock listing in the global market tier of Nasdaq. You need to know that the tiered platform by Nasdaq has been reserved for the companies which have imperishable finances and which have passed the requirements that go above the lower tiers of Nasdaq.
The bitfarms companies invoked in the year 2017 say that this achievement of approval by Nasdaq is an excellent achievement for them, and it also requires a robust validation. This is the result of the backbreaking work of the company from the years and their dedication. The chief executive of the big farms, Emiliano grodzki says that from the last four years, the company has focused on building and operating the most significant and most extensive bitcoin mining operations worldwide. This is the thing that has led them to get listed in one of the most outstanding exchanges in the world, and it has helped them in expanding the market reach of the company.
The listing in Nasdaq of the bitfarm also helped the company in making a partnership with the foundry as well as the expansion of 2465 miners of bitcoins. This company is also planning to launch the facility of bitcoin mining in Argentina for obtaining the rates of electricity at 0.02 dollars per KWH. Before two days, the bitfarms have also announced their recent purchase of 6600 S19j antminers from the bitmain. It has been decided that miners will give the firm around 2.5 exahash per second in the season of the fall.
You need to listen that the Irene Gao, who is the Antminer sales director of the NCSA region, bitmain remarked that the addition of 660 PH is going to be added in their bitcoin mining operations which will embark their presence in the space of bitcoin mining and will also help in establishing the bitfarm company as North America's most significant and leading bitcoin mining companies.
The final requirement which is required for the operation of bitcoin mining is the confirmation of eligibility. This eligibility was for the electronic clearing and the settlement done through the depository trust company known as the DTC. If the company gets approved for it, too, then the bitfarm will also be able to get listed on the BITF on the Nasdaq global market tier.
Have a look at the forward-looking statements!
- This latest news of bitfarm also contains so much forward-looking information which needs to be noticed by the people. These statements are entirely based on expectations and estimations. The information which is released on the news regarding be listed on the Nasdaq shows the expectations about the plans and the objectives of the firm, which seems to be very forward-looking statements. You can get to know more about the bitcoin and this information by accessing the trading app bitcoin champion
- Another forward-looking statement involves the information concerning the planning and the plans of the company. It also shows the company's ability to successfully mining the bitcoin, increasing the revenue, liquidating the current digital currency and the future digital currency in a profitable way, and the volatility of digital currency value.
- The one thing that can be concluded is that the support for the listing, connected to the Nasdaq global market, is an outstanding accomplishment for the bitfarm company. They have come to this many heights with their exceptional level of dedication and hard work. The company has worked very hard to go to this position where they are now. Bitfarm company has also announced so many plans and activities which they are going to do after their listing on the Nasdaq.
- This listing has also given us a significant impact on the business, and they are now the top bitcoin mining company in all North America. The company is now in a really, very great position, and if it continues to do this much hard work, then it will be able to attain more heights and will come to the top companies of bitcoin mining for sure.