Bitfarms (OTCMKTS:BFARF) Stock Price Down 5.5% – What’s Next?

Shares of Bitfarms Ltd. (OTCMKTS:BFARFGet Free Report) traded down 5.5% on Tuesday . The stock traded as low as $1.50 and last traded at $1.54. 37,058,439 shares traded hands during mid-day trading, an increase of 2,331% from the average session volume of 1,524,660 shares. The stock had previously closed at $1.63.

Bitfarms Stock Down 3.2 %

The stock’s fifty day simple moving average is $2.05 and its 200-day simple moving average is $2.24.

Bitfarms Company Profile

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Bitfarms Ltd., a blockchain infrastructure company, mines for cryptocurrency coins and tokens in North America. The company owns and operates server farms comprising computers that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees.

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