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Bitfarms sold 3K Bitcoin as part of strategy to improve liquidity and pay debts

“Selling a portion of our BTC holdings and daily production as a source of liquidity is the best and least expensive method in the current market environment," said chief financial officeJeff Lucas.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitfarms sold 3K Bitcoin as part of strategy to improve liquidity and pay debts

“Selling a portion of our BTC holdings and daily production as a source of liquidity is the best and least expensive method in the current market environment," said chief financial officeJeff Lucas.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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