Crypto stock crashes after controversial insider sell-off
The stock of the Bitcoin mining company, Bitfarms Ltd. (Nasdaq: BITF), fell more than 15% to close at $2.59 on Sep. 23. It is an extraordinary decline for a stock that had been soaring for more than two past weeks. Bitfarms teases further expansion into U.S. Founded in 2017, Bitfarms is a Canada-based Bitcoin mining company that operates 14 data centers across the Americas. Related: What is Bitcoin mining? Explained In simple words, Bitcoin mining is the process in which miners use high computing power ...