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© Globe Newswire
13.11.2025
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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TSX
Bitfarms Reports Third Quarter 2025 Results
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- Revenue of $69 million from continuing operations and $14 million from discontinued operations -- Successfully closed $588 million convertible notes offering -- Announced plans to convert Washington site to support GB300s with advanced liquid cooling -...
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© Globe Newswire
30.10.2025
ISIN: CA09173B1076

Bitfarms Ltd.
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Bitfarms Schedules Third Quarter 2025 Conference Call on November 13, 2025
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TORONTO and NEW YORK, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF) (“Bitfarms” or the “Company”), a North American energy and digital infrastructure company, will report its third quarter 2025 financial results on Thursday, November 13th before the market opens. Management will host a conference call on the same day at 8:00...
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© Globe Newswire
17.10.2025
ISIN: CA09173B1076

Bitfarms Ltd.
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Bitfarms Announces Pricing of Upsized US$500 Million of Convertible Senior Notes
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TORONTO, Ontario and NEW YORK, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a North American energy and digital infrastructure company (“Bitfarms” or the “Company”), today announced that it has priced its offering of US$500 million aggregate principal amount of 1.375% convertible senior notes due 2031 (the “Convertible Note...
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20.10.2025
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© Globe Newswire
15.10.2025
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Announces Proposed Offering of US$300 Million of Convertible Senior Notes
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TORONTO, Ontario and NEW YORK, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a North American energy and digital infrastructure company (“Bitfarms” or the “Company”), today announced that it intends to offer US$300 million aggregate principal amount of convertible senior notes due 2031 (the “Convertible Notes”). Bitfarms als...
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© Globe Newswire
14.10.2025
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Announces the Retirement of Jeff Lucas, Chief Financial Officer, and the Appointment of Jonathan Mir as Successor
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Jonathan Mir brings 25+ years’ capital markets experience in energy infrastructure Jonathan Mir brings 25+ years’ capital markets experience in energy infrastructure...
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© Globe Newswire
10.10.2025
ISIN: CA09173B1076

Bitfarms Ltd.
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Bitfarms Converts Macquarie Debt Facility to $300M Project Financing and Draws Additional $50M to Accelerate HPC/AI Development at Panther Creek Campus
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-$300 million facility to fund Phase 1 of Panther Creek data center development with energization expected by YE 2026--On track to break ground on Panther Creek data center in Q4 2025-...
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© PR Newswire
05.09.2025
ISIN: CA09173B1076

Bitfarms Ltd.
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Corporate Crypto Treasury Surge Accelerates as Bitcoin Hits Fresh Institutional Milestone
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Equity Insider News CommentaryIssued on behalf of CEA Industries, Inc. VANCOUVER, BC, Sept. 5, 2025 /PRNewswire/ -- Equity Insider News Commentary – BlackRock's Bitcoin ETF inflows recently surged to $289.8 million (on Sept. 4)[1], marking another record day for institutional adoption despite August's $751 million ETF outflows that preceded this...
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© PR Newswire
05.09.2025
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Corporate Crypto Treasury Surge Accelerates as Bitcoin Hits Fresh Institutional Milestone
News Preview
Equity Insider News CommentaryIssued on behalf of CEA Industries, Inc. VANCOUVER, BC, Sept. 5, 2025 /CNW/ -- Equity Insider News Commentary – BlackRock's Bitcoin ETF inflows recently surged to $289.8 million (on Sept. 4)[1], marking another record day for institutional adoption despite August's $751 million ETF outflows that preceded this dramati...
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© PR Newswire
05.09.2025
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Corporate Crypto Treasury Surge Accelerates as Bitcoin Hits Fresh Institutional Milestone
News Preview
Equity Insider News CommentaryIssued on behalf of CEA Industries, Inc. VANCOUVER, BC, Sept. 5, 2025 /PRNewswire/ -- Equity Insider News Commentary – BlackRock's Bitcoin ETF inflows recently surged to $289.8 million (on Sept. 4)[1], marking another record day for institutional adoption despite August's $751 million ETF outflows that preceded this...
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© Globe Newswire
18.08.2025
ISIN: CA09173B1076

Bitfarms Ltd.
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Bitfarms Appoints Former AWS Executive Wayne Duso to Board of Directors
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TORONTO, Ontario and NEW YORK, N.Y., Aug. 18, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF) (the “Company”), a global energy and compute infrastructure company, today announced that the Board of Directors (the “Board”) has unanimously approved the appointment of Wayne Duso to the Company’s Board, effective immediately. With the appoin...
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© Globe Newswire
12.08.2025
ISIN: CA09173B1076

Bitfarms Ltd.
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Bitfarms Reports Second Quarter 2025 Results
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Executing HPC/AI Growth Strategy with Industry-Leading Strategic Partners & Robust Balance Sheet...
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20.10.2025
© Globe Newswire
28.07.2025
ISIN: CA09173B1076

Bitfarms Ltd.
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Bitfarms Announces Second Principal Executive Office in NYC and Initiates Conversion to U.S. GAAP
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TORONTO and NEW YORK, July 28, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF) (the “Company”), a global energy and compute infrastructure company, today announced that the New York City office it acquired as part of the previous acquisition of Stronghold Digital Mining, Inc. will be identified as Bitfarms’ second Principal Executive Of...
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© Globe Newswire
22.07.2025
ISIN: CA09173B1076

Bitfarms Ltd.
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Bitfarms Announces Corporate Share Buyback Program
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This news release constitutes a “designated news release” for the purposes of the Company’s second amended and restated prospectus supplement dated December 17, 2024, to its short form base shelf prospectus dated November 10, 2023....
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© BusinessWire
08.07.2025
ISIN: CA09173B1076

Bitfarms Ltd.
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BITF Deadline Today: Rosen Law Firm Urges Bitfarms Ltd. (NASDAQ: BITF) Stockholders with Losses in Excess of $100K to Contact the Firm for Information About Their Rights
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Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers of Bitfarms Ltd. (NASDAQ: BITF) securities between March 21, 2023 and December 9, 2024, both dates inclusive (the “Class Period”). Bitfarms operates integrated Bitcoin data centers. For more information, submit a form, ema...
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© Globe Newswire
01.07.2025
ISIN: CA09173B1076

Bitfarms Ltd.
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Bitfarms Announces Results of Annual General and Special Meeting of Shareholders
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This news release constitutes a “designated news release” for the purposes of the Company’s second amended and restated prospectus supplement dated December 17, 2024, to its short form base shelf prospectus dated November 10, 2023....
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© Globe Newswire
14.05.2025
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Reports First Quarter 2025 Results
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- Revenue of $67 million, up 33% Y/Y -- Gross mining margin of 43%, down from 63% from Q1 2024 -- Total energy pipeline of ~1.4 GW, ~80% based in the U.S. -- Private debt facility announced in April 2025 with division of Macquarie Group for up to $300 million to fund initial HPC project development at Panther Creek, validating the attractiveness of...
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© BusinessWire
13.05.2025
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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BITF Investors Have Opportunity to Lead Bitfarms Ltd. Securities Fraud Lawsuit with the Schall Law Firm
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The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Bitfarms Ltd. (“Bitfarms” or “the Company”) (NASDAQ: BITF) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investor...
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© BusinessWire
12.05.2025
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Rosen Law Firm Urges Bitfarms Ltd. (NASDAQ: BITF) Stockholders With Large Losses to Contact the Firm for Information About Their Rights
News Preview
Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers of Bitfarms Ltd. (NASDAQ: BITF) securities between March 21, 2023, and December 9, 2024, both dates inclusive (the “Class Period”). Bitfarms operates integrated Bitcoin data centers. For more information, submit a form, ema...
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© Globe Newswire
06.05.2025
ISIN: CA09173B1076

Bitfarms Ltd.
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Bitfarms Announces Participation in Upcoming Investor and Industry Conferences
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TORONTO, May 06, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global energy and compute infrastructure company, today announced its participation in several upcoming investor and industry conferences....
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© BusinessWire
16.04.2025
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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BITF Investors Have Opportunity to Join Bitfarms Ltd. Fraud Investigation with the Schall Law Firm
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The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Bitfarms Ltd. (“Bitfarms” or “the Company”) (NASDAQ: BITF) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclo...
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© Globe Newswire
27.03.2025
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Reports Fourth Quarter 2024 Results
News Preview
- Revenue of $56 million, up 21% Y/Y -- Gross mining margin of 47%, down from 57% from Q4 2023 -- 18.6 EHuM up 186% from Q4 2023-- Current efficiency of 19w/TH a 45% improvement from Q4 2023--Total energy pipeline of ~1.4 GW, ~80% based in the U.S.--Completed acquisition of Stronghold Digital Mining & sale of Yguazu, Paraguay data center-...
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© Globe Newswire
26.03.2025
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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TSX
Bitfarms Appoints James Bond as Senior Vice President of High-Performance Computing
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Mr. Bond to establish and scale Bitfarms North American HPC/AI business Mr. Bond to establish and scale Bitfarms North American HPC/AI business...
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© Globe Newswire
19.03.2025
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Schedules Fourth Quarter and Full Year 2024 Conference Call on March 27, 2025
News Preview
TORONTO, Ontario, March 19, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global Bitcoin and vertically integrated data center company, will report its fourth quarter and full year 2024 financial results on Thursday, March 27 before the market opens. Management will host a conference call on the same day at 8:00 am EST. All Q4 2024...
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© Globe Newswire
18.03.2025
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Completes Strategic Sale of its Yguazu, Paraguay Data Center
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-Accretive transaction valued at approximately U.S. $85 million-...
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© BusinessWire
17.03.2025
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Rosen Law Firm Encourages Bitfarms Ltd. Investors to Inquire About Securities Class Action Investigation – BITF
News Preview
Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Bitfarms (NASDAQ: BITF) resulting from allegations that Bitfarms may have issued materially misleading business information to the investing public. So What: If you purchased Bitfarms securities you may be...
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© Globe Newswire
17.03.2025
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Advances U.S. Strategy with Completion of Stronghold Digital Mining Acquisition
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-1.1 GW PA Growth Pipeline Strategically Located for HPC/AI and BTC Mining-- Positions Bitfarms as the leading Bitcoin miner in PJM market-...
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© Globe Newswire
31.01.2025
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Engages Strategic Partners to Develop HPC/AI Business
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-Engages expert consultants ASG & World Wide Technology-...
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© Globe Newswire
28.01.2025
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Enters into a Binding LOI with HIVE Digital Technologies for the Sale of its Yguazu, Paraguay Site
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-Bitfarms to reinvest capital in US growth opportunities-...
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© Globe Newswire
08.01.2025
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms to Present at Needham Growth Conference in NYC
News Preview
TORONTO, Ontario and BROSSARD, Québec, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF) (“Bitfarms”), a global vertically integrated Bitcoin data center company, will be attending Needham’s 27th Annual Growth Conference, taking place from January 14-15th in New York City. Bitfarms CEO Ben Gagnon, CFO Jeff Lucas, and SVP IR...
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© Globe Newswire
02.01.2025
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Provides December 2024 Production and Operations Update
News Preview
- Increased hashrate 97% Y/Y to 12.8 EH/s - - Improved efficiency 40% Y/Y to 21 w/TH -- Earned 2,914 BTC for full-year 2024 -- Expanded operational MW 35% Y/Y to 324MW -- Acquisition of Stronghold Digital Mining on track to close in Q1 2025 -...
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© Globe Newswire
18.12.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Files Second Amended and Restated Prospectus Supplement for its Existing At-the-Market Equity Offering Program
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-US$87 million remains on the ATM- -US$87 million remains on the ATM-...
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© Globe Newswire
09.12.2024
ISIN: CA09173B1076

Bitfarms Ltd.
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Bitfarms Announces Restatement of Previously Issued Financial Statements
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This news release constitutes a “designated news release” for the purposes of the Company’s amended and restated prospectus supplement dated October 4, 2024, to its short form base shelf prospectus dated November 10, 2023....
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© Globe Newswire
02.12.2024
ISIN: CA09173B1076

Bitfarms Ltd.
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Bitfarms Provides November 2024 Production and Operations Update
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Achieved 12.8 EH/s & earned 204 BTC in November 2024 Achieved 12.8 EH/s & earned 204 BTC in November 2024...
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© Globe Newswire
20.11.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Announces Results of Special Meeting of Shareholders
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- Bitfarms Board of Directors Increased to Six Members, Five of whom are Independent –-Andrew J. Chang Appointed as Independent Director--Shareholder Rights Plan Approved-...
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© Globe Newswire
31.10.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Enters into Second 10,000 Miner Hosting Agreement with Stronghold Digital Mining
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- Follows initial 10,000 miner hosting agreement announced in September –...
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© Globe Newswire
29.10.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Nominates Andrew J. Chang for Election to the Board of Directors
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- Company to Hold Virtual Special Meeting of Shareholders on November 20, 2024 - - Company to Hold Virtual Special Meeting of Shareholders on November 20, 2024 -...
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© Globe Newswire
28.10.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Appoints Rachel Silverstein as U.S. General Counsel
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This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023....
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© Globe Newswire
25.10.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Schedules Third Quarter 2024 Conference Call on November 12th, 2024
News Preview
TORONTO, Ontario and BROSSARD, Québec, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global vertically integrated Bitcoin data center company, will report its third quarter 2024 financial results on Tuesday, November 12th, before the market opens. Management will host a conference call on the same day at 8:00 am EST....
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© Globe Newswire
04.10.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Files Amended and Restated Prospectus Supplement for its Existing At-the-Market Equity Offering Program
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-This is a required amendment based on the proposed Stronghold Digital Mining acquisition-...
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© Globe Newswire
13.09.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Enters into 10,000 Miner Hosting Agreement with Stronghold Digital Mining
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- Agreement to support 2.2 EH/s with energization expected in October, two months ahead of schedule -...
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© Globe Newswire
09.09.2024
ISIN: CA09173B1076

Bitfarms Ltd.
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Bitfarms Reschedules Special Meeting of Shareholders
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- Provides Update on Engagement with Riot -- Special Meeting to be Held In-Person -  ...
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© Globe Newswire
04.09.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Issues Statement to Address Misleading Claims from Riot
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- Reiterates Commitment to Value Creation -...
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© Globe Newswire
27.08.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Announces Assumption of Control of Sharon, PA Site
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- First U.S. large scale site; Increases U.S. footprint ~7x from 20 MW to 140 MW -...
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© Globe Newswire
21.08.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms to Acquire Stronghold Digital Mining
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- Expands and Rebalances Bitfarms Energy Portfolio to Approximately 50% in the U.S. by YE 2025, Consistent with Strategic Plan -...
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© BusinessWire
13.08.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Riot Platforms, Inc. Reports Beneficial Ownership of 18.9% in Bitfarms Ltd.
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Riot Platforms, Inc. (“Riot”) issues this press release pursuant to Part 3 of Canadian National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues and Part 5 of Canadian National Instrument 62-104 – Take-Over Bids and Issuer Bids in respect of Bitfarms Ltd. (“Bitfarms” or the “Company”). Riot anno...
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© Globe Newswire
01.08.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Schedules Second Quarter 2024 Conference Call on August 8th, 2024
News Preview
TORONTO, Ontario and BROSSARD, Québec, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global vertically integrated Bitcoin mining data center company, will report its second quarter 2024 financial results on Thursday, August 8th, before the market opens. Management will host a conference call on the same day at 8:00 am...
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© Globe Newswire
26.07.2024
ISIN: CA09173B1076

Bitfarms Ltd.
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Bitfarms Announces Toronto Stock Exchange Deferral of Consideration of Shareholder Rights Plan
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This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023....
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© Globe Newswire
25.07.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Issues Statement Regarding Decision by Capital Markets Tribunal of the Ontario Securities Commission
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- Announces Adoption of New Shareholder Rights Plan -- Reiterates Commitment to Maximize Value for All Shareholders -...
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© Globe Newswire
17.07.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms’ Newly Appointed CEO to Participate Today in a Fireside Chat Hosted by H.C. Wainwright
News Preview
- CEO Ben Gagnon to present alongside Bitfarms CFO, Jeff Lucas - - CEO Ben Gagnon to present alongside Bitfarms CFO, Jeff Lucas -...
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© Globe Newswire
12.07.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Sets Date of Special Meeting of Shareholders
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No Shareholder Action Required at this Time No Shareholder Action Required at this Time...
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© Globe Newswire
03.07.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Provides June 2024 Production and Operations Update
News Preview
- Earned 189 BTC in June 2024 -- Increased installed hashrate to 11.4 EH/s with 10.4 EH/s operational - - Improved energy efficiency to 25 w/TH, up 36% Y/Y and 7.4% M/M -- Strategic U.S. expansion with 120 MW site, well suited for HPC/AI -- 2025 power capacity target more than doubles to 648 MW from current 310 MW -- On track to deliver 21 EH/s and...
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© Globe Newswire
01.07.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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TSX
Bitfarms Provides June 2024 Production and Operations Update
News Preview
- Earned 189 BTC in June 2024 -- Increased installed hashrate to 11.4 EH/s with 10.4 EH/s operational - - Improved energy efficiency to 25 w/TH, up 36% Y/Y and 7.4% M/M -- Strategic U.S. expansion with 120 MW site, well suited for HPC/AI -- 2025 power capacity target more than doubles to 648 MW from current 310 MW -- On track to deliver 21 EH/s and...
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© Globe Newswire
27.06.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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TSX
Bitfarms Announces Appointment of Fanny Philip to Board of Directors
News Preview
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023...
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© Globe Newswire
24.06.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Receives Shareholder Meeting Requisition
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Reiterates Commitment to Strategic Alternative Review Process to Maximize Shareholder Value...
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© Globe Newswire
13.06.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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Bitfarms Enters into Agreement to Develop 120 MW in U.S.; Provides 2025 Guidance of Over 35 EH/s
News Preview
-First U.S. large scale site supports 8 EH/s in 2025 with deployment of 600 PH/s in 2024--Strategically located in PJM Interconnection market, providing access to low-cost, flexible power--Increases 2025 power capacity to 648 MW, up 170% from current 240 MW--Company establishes 2025 guidance of over 35 EH/s-...
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© Globe Newswire
12.06.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

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TSX
Bitfarms Issues Statement Regarding Riot Platforms’ Attempts to Disrupt Ongoing Strategic Alternatives Review Process
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-Bitfarms Board of Directors Remains Committed to Maximizing Value for All Shareholders-...
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© Globe Newswire
10.06.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

LISTED

TSX
Bitfarms Announces Toronto Stock Exchange Deferral of Consideration of Shareholder Rights Plan
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This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023....
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© Globe Newswire
10.06.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

LISTED

TSX
Bitfarms Announces Adoption of Shareholder Rights Plan
News Preview
This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023....
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© Globe Newswire
31.05.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

LISTED

TSX
Bitfarms Announces Results of Annual General and Special Meeting of Shareholders
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This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023....
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© Globe Newswire
15.05.2024
ISIN: CA09173B1076

Bitfarms Ltd.
BITF

LISTED

TSX
Bitfarms Reports First Quarter 2024 Results
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- Revenue of $50 million, up 9% Q/Q and 67% Y/Y -- Gross mining margin of 59%, up from 52% in Q4 2023 & 41% in Q1 2023 -- Secured additional 24,000 miners in March, increasing total delivery to 88,000 in 2024 -- Current hashrate of 7.0 EH/s, up from 6.5 EH/s at year end -- On track to achieve guidance of 21 EH/s and 21 w/TH in 2024 -...
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About the newsfeed
#1
What types of information are provided on this portal - and what purpose does it serve?
The portal provides structured, stock market-relevant company information that is specifically assigned to a particular economic sector. The focus is on current announcements from official NewsWire sources, supplemented by company profiles, filter options by sector and sector-specific research aids. The aim is to offer an interested group of people a systematically structured research environment that improves their understanding of sector developments and corporate strategies.
#2
Why are companies categorized according to a certain system?
Financial markets consist of thousands of listed companies with very different business models. In order to create transparency and comparability, companies worldwide are assigned to standardized classifications. These classifications help investors to better analyze markets, identify sector-specific trends and make more targeted investment decisions.
#3
What classification standards exist for grouping companies?
There are various industry classifications that are used depending on the region or application. The best known include GICS (Global Industry Classification Standard), ICB (Industry Classification Benchmark), NAICS (North American Industry Classification System) and TRBC (Thomson Reuters Business Classification). Most institutional investors and ETFs worldwide use GICS or ICB as a benchmark.
#4
What classification standard is this financial information portal based on?
The portal uses the Global Industry Classification Standard (GICS), which was jointly developed by MSCI and S&P Dow Jones Indices. GICS is widely used in the institutional financial world and forms the basis for many global equity indices, ETFs and research systems.
#5
What exactly does GICS mean - and how is the system structured?
GICS stands for Global Industry Classification Standard. It is a hierarchical structure that divides listed companies worldwide into four levels: Sector, Industry Group, Industry Sector and Sub-Industry. In total, the system comprises 11 main sectors, over 60 industries and more than 150 sub-categories. It allows a consistent, internationally comparable analysis of economic activities.
#6
Why is GICS important in the financial world?
GICS offers a standardized language for investment decisions. It makes it possible to compare companies with similar business models - regardless of country, stock exchange or company size. Many investment funds, indices and research houses use GICS as a basis for portfolio construction, risk analysis or market screening. This means that it also makes sense for private investors to use this structure as a guide.
#7
Who decides which GICS sector a company is assigned to?
The allocation is made by the index providers MSCI and S&P Dow Jones on the basis of a company's main business segment. The decisive factor is the segment from which the company generates the majority of its sales or operating profit. Changes in the business model or strategic realignments can lead to a company being assigned to a different industry or even a different sector.
#8
What is meant by the GICS sector "Materials"?

The GICS "Materials" sector comprises companies that are active in the production, processing or refinement of raw materials. This includes industries such as chemicals, building materials, paper & forest products and the entire metallurgical and mining industry. The sector is highly cyclical and is particularly sensitive to economic fluctuations and changes in global demand.

#9
Which companies typically belong to the Materials sector?
Typical representatives are international groups from the areas of chemicals production (e.g. BASF), precious metal mining (e.g. Barrick Gold), building materials production (e.g. Heidelberg Materials) or industrial gases (e.g. Linde). The shares of these companies are often heavily dependent on commodity prices and play a central role in industrial value chains.
#10
Where does the company news on this page come from?
The news is based on verified and publicly available sources such as BusinessWire, GlobeNewswire, PR Newswire, EQS, Newsfile, ACCESSNewswire and other NewsWire services. These platforms are used by listed companies to publish mandatory ad hoc announcements, financial reports or strategic developments. All content is prepared in a structured manner and, if a corresponding categorization is possible, brought together in industry-specific clusters.
#11
How is the sector-specific mapping of messages carried out?
Categorization is based on structured metadata (e.g. ISIN, ticker, sector classification) and a combination of keyword analysis and GICS mapping. This ensures that all news is assigned to the correct sector and - if available - the correct sub-sector.
#12
Why is the materials sector particularly interesting for investors?
The Materials sector is closely linked to global industrial production and offers both cyclical growth opportunities and hedging opportunities against inflation and raw material shortages. In addition, many companies in this sector play a key role in future topics such as electromobility, the energy transition and sustainable building materials.
#13
What distinguishes this project from traditional financial information portals?
In contrast to generic portals, this project focuses exclusively and specifically on a particular sector. The advantage for interested investors: Sector-specific information, news, market movements and company profiles can be filtered and analyzed in a more targeted manner. This enables more in-depth research and greater relevance for thematic investment decisions.
#14
Are smaller companies also represented here or only large corporations?
The newsfeed takes into account both large caps and mid and small caps. As a clear mapping criterion is required in order to enable the most precise possible allocation to a cluster, the ISIN of the listed company is generally used for this purpose, provided that this can be made available or mapped via corresponding newsfeed parameters.
#15
How up-to-date are the displayed messages?
The content is updated regularly. The publication follows the publications of the information source, the NewsWire feeds of the underlying distributors. Incoming reports are automatically processed, classified and displayed on the page. Timestamps and source information ensure maximum transparency.
#16
Can I also filter the news by sub-sector?
Yes, this is a central feature of the site. Within a main sector, you can filter specifically for sub-sectors such as "Metals & Mining". For particularly popular industries or developments within a meta-sector, it is possible to deviate from standard clusters. Special categories with particular information value enable thematic analyses to be carried out even more precisely.
#17
Are there plans to process other metasectors in a similar way?
Yes, this financial information portal is part of an extensive project in which separate information portals are being created for all the main sectors. The aim is to provide investors with a systematic, sector-based research tool - regardless of index affiliation or provider perspective.
#18
Why do companies publish announcements via NewsWire services at all?
NewsWire services such as BusinessWire or PR Newswire fulfill a regulatory function: they enable companies to publish price-sensitive information publicly and without discrimination. In many countries, the use of such services is a prerequisite for fulfilling publication obligations under capital market law. They also enable companies to reach the media, analysts and investors in a targeted manner.
#19
Can private or inactive companies also appear in such notifications?
Generally not. The platform focuses exclusively on listed companies whose disclosures are based on regulatory requirements or corporate strategy measures. Although private or unlisted companies occasionally publish announcements, these are not systematically processed or classified here.
#20
What happens when a company changes its business model - does its sector classification also change?
Yes, as a rule - but not automatically. The responsible classification institutes (e.g. MSCI and S&P for GICS) regularly check the relevance and consistency of the classifications. If there is a significant change in a company's sales or profit profile, it may be reclassified to a different industry or even a different sector. This usually takes place after fixed review cycles or upon request.
#21
How is it ensured that a company is correctly categorized if it is active in several business areas?
The categorization is based on the dominant sales segment. If a company is active in several sectors but generates 70% of its turnover with chemical products, for example, it is assigned to the GICS sector "Materials" - even if it also has activities in the energy or transportation sector. In borderline cases, additional qualitative assessment criteria apply.
#22
Are there any legal risks in the further use of the displayed content?
The content comes from public sources, but is partially subject to copyright protection - particularly with regard to text structure and layout. The excerpts and links provided on this portal are made within the scope of permitted use (e.g. right to quote or editorial processing). However, commercial use by third parties is not permitted without the express permission of the original providers.
#23
Who can I contact if I have general questions or legal concerns?
A central contact point is available for general inquiries, information on company recordings, compliance issues or copyright-relevant aspects. In rare cases, for example in the case of erroneously published information or justified requests for deletion, a review and, if necessary, removal from the public feed can take place. Please only use the official contact option in the legal notice or at the bottom of the page.
#24
Is advertising or third-party content also displayed on the portal?
Yes, in defined areas the portal can display advertising content or product-specific information from third parties - for example on sector-related financial services, research offers or trading platforms. This content is clearly marked as advertising or partner information and is separate from the editorial or automatically processed company news.
#26
Can I give feedback on the platform or submit suggestions?
Absolutely - feedback is expressly welcome. The platform is an open information service that is continuously being developed. Comments on functionality, data quality, usability or thematic extensions help to optimize the service for the benefit of users. You can submit your suggestions informally via the contact page or special feedback forms.
#27
I am an information provider - can I cooperate with the portal?
Yes, the portal is open to content-related, technical or editorial cooperation, provided that this contributes to the quality, relevance or dissemination of the offering. If you offer content, interfaces or services that could be useful in the context of stock market-related information, we would be pleased to hear from you. The platform offers flexible integration options and a professional environment for quality-assured content.
#28
Can the platform technology also be used for other applications or partners?
Yes, the platform is based on a modular, scalable infrastructure that can be adapted to different information contexts and industry models. Technical components such as data aggregation, structuring logic, classification mechanisms and semantic filters can also be made available for external projects or individual applications on request. Please contact us for cooperation or license models.
#29
Can the underlying company data also be licensed or reused?
Structured access to selected master data of listed companies - such as GICS mapping, ISIN mapping, news feeds or metadata filters - is generally possible. The offer is aimed in particular at information service providers, research platforms or data-driven financial applications. Data can be provided via defined interfaces (e.g. API) or exportable formats, depending on the intended use and license framework.
#30
What forms of cooperation with external partners are conceivable?
Basically open. Possible forms of cooperation range from technical integrations and shared data models to content syndication or white label solutions. Partnerships with institutions that are looking for access to quality-assured data, dynamically structured news or sector-specific analyses - for example in the FinTech, media or research environment - are particularly interesting. We look forward to hearing from business development or product management departments.
#31
Why does this portal differ technically and conceptually from other information offerings?
Because no one from outside the industry is trying to understand the financial market here - but because the know-how comes from the heart of the financial world. The technical platform was developed by a team that combines in-depth market knowledge with innovative system design. The result: information architecture with real relevance, not shop window technology.
#32
What makes the technical solution particularly interesting for operators of their own financial portals?
In addition to high adaptability, the platform impresses with its modular structure and the consistent implementation of industry-specific logic - from GICS mapping to metadata filtering. For providers who operate their own information portals, sector-specific data structures, news feeds or visualizations can be quickly integrated on this basis - either as a white label, API module or embedded solution.
#33
Why can a collaboration go beyond traditional development services?
Because we don't just program, we think: The technological implementation is based on a deep understanding of market cycles, regulations, data formats and investor needs. Anyone who cooperates with this platform benefits from a sparring partner at eye level - both technically and professionally. This creates added value that goes far beyond pure IT expertise.
#34
Note on copyright and the processing of original content
The corporate news presented on this information portal is based on publicly accessible sources such as BusinessWire, GlobeNewswire, PR Newswire or comparable news services. The content is processed as part of an automated or editorially supported structuring process without changing, shortening or reinterpreting the content of the original information. This is so-called "as is" information, the form and content of which corresponds to the originally published announcement. The rights to the original texts remain unrestrictedly with the respective publishers or copyright holders. This portal merely assumes a structural categorization and allocation within the framework of a news-journalistic offer. Independent commercial reuse, systematic reproduction or other use of the content by third parties is only permitted within the framework of the statutory provisions or with the consent of the copyright holder.
About GICS Technologies
GICS Technologies is part of the GICS Eleven information portfolio, which focuses primarily on information from listed companies in the information technology sector.
About GICS Eleven

GICS Eleven (G11, GICS11) bundles topic-specific content and enables quick access to relevant information thanks to its gate function. The project is largely based on the Global Industry Classification Standard (GICS®), which was developed by MSCI and Standard & Poor's and enables a breakdown into sectors. GICS® consists of 11 sectors, 24 industry branches, 69 industries and 158 sub-industries.

GICS® is a registered trademark of MSCI Inc. and S&P Dow Jones Indices.

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