Bitfarms is trading at $4.29 (4.5% down) amid a pullback following its recently announced strategic pivot from crypto mining toward a C$1.8 billion AI and high-performance computing data center project.
- The decline appears to be driven by profit-taking and position-shifting following yesterday's positive infrastructure news.
- The stock's weakness contrasts with the broader crypto market, as Bitcoin and other major digital assets are trading slightly higher today.