Bitfarms is trading at $1.77, up 7.58%, as technology stocks rebounded after the previous session’s sell-off.
- On November 6, the Nasdaq rose 1.66% and the S&P 500 gained 0.84%.
- Bitcoin was down 0.81% over 24 hours, so crypto prices do not appear to explain the gain.
- November 5 results showed revenue of $28 million, down from $68 million a year earlier; the company reported $780 million in liquidity.