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According to Wu, Bitcoin mining company Bitfarms (Nasdaq/TSX: BITF) announced its Q3 financial report for 2025, with revenue from ongoing operations reaching $69 million, a year-on-year increase of 156%, and completed a $588 million convertible bond issuance. The company is accelerating its strategic transformation from Bitcoin mining to high-performance computing (HPC) and AI infrastructure, planning to transform its Washington facility into an HPC data center supporting liquid-cooled GB300 GPUs, with a goal to be operational by the end of 2026, and has signed a $128 million equipment procurement agreement.

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