Bitfarms (OTCMKTS:BFARF) Shares Down 6.8% – Here’s Why

Bitfarms Ltd. (OTCMKTS:BFARFGet Free Report) was down 6.8% during trading on Friday . The company traded as low as $2.10 and last traded at $2.11. Approximately 39,328,048 shares changed hands during trading, an increase of 2,479% from the average daily volume of 1,524,660 shares. The stock had previously closed at $2.27.

Bitfarms Price Performance

The firm’s fifty day moving average price is $2.07 and its 200 day moving average price is $2.25.

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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