Bitfarms drops premarket as Q3 revenue misses expectations
Bitfarms fell as much as 14% premarket after missing Q3 expectations, reporting $69 million in revenue versus the expected $85 million and a wider loss of $0.05 per share. CEO Ben Gagnon reaffirmed the company's AI pivot centred on NVIDIA's upcoming Vera Rubin GPUs. Retail sentiment improved slightly from extremely bearish to bearish.