🔴 Bitfarms is trading 11.91% down today after Q2 revenue and EPS miss

Bitfarms is trading 11.91% down at $3.42 after its August 10, 2026, Q2 results missed expectations.

• Revenue: $30.4 million vs. $35.0 million estimate; continuing-operations loss widened to $0.11 per share, missing consensus by $0.03.
• Legacy Bitcoin operations were decommissioned and assets repurposed for HPC; management reiterated its three-lease 2026 target, but technical bandwidth is slowing execution.
• Bitcoin, Ethereum, Solana, and XRP were only modestly lower; crypto weakness does not explain the full decline. Q2 release was scheduled before market open.