According to Wu, Bitcoin mining company Bitfarms announced its Q1 2025 financial report, with revenue reaching 67 million USD, a year-on-year rise of 33%; the Bitcoin mining gross margin was 43%, down from 63% in the same period last year. The net loss for the quarter was 36 million USD. As of May 13, Bitfarms held approximately 150 million USD in liquid assets and a total of 1,166 coins.

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