Bitfarms (OTCMKTS:BFARF) Shares Up 28.3% – Time to Buy?

Bitfarms Ltd. (OTCMKTS:BFARFGet Free Report)’s share price shot up 28.3% on Tuesday . The company traded as high as $5.42 and last traded at $5.39. 158,019,414 shares changed hands during mid-day trading, an increase of 10,264% from the average session volume of 1,524,660 shares. The stock had previously closed at $4.20.

Bitfarms Stock Up 28.3%

The business’s 50 day simple moving average is $2.14 and its two-hundred day simple moving average is $1.37.

Bitfarms Company Profile

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Bitfarms Ltd., a blockchain infrastructure company, mines for cryptocurrency coins and tokens in North America. The company owns and operates server farms comprising computers that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees.

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