Bitfarms (OTCMKTS:BFARF) Stock Price Down 6.9% – Here’s What Happened

Bitfarms Ltd. (OTCMKTS:BFARFGet Free Report) dropped 6.9% on Thursday . The stock traded as low as $0.98 and last traded at $0.99. Approximately 29,857,634 shares were traded during mid-day trading, an increase of 1,858% from the average daily volume of 1,524,660 shares. The stock had previously closed at $1.06.

Bitfarms Trading Down 11.6 %

The firm’s 50-day moving average price is $1.29 and its 200 day moving average price is $1.74.

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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