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Canadian Bitcoin mining company Bitfarms surged nearly 22% following the release of better-than-expected second-quarter earnings. In its Q2 results on Aug. 8, the Bitcoin (BTC) miner reported a 7 cents per share loss, less than the 11 cents per share loss initially forecasted by Zacks Investment Research. In an Aug. 8 post on social media platform X, newly crowned Bitfarms CEO Ben Gagnon said the miner continues to grow and is exploring new opportunities outside of Bitcoin mining. “We continue to dramatically alter our operating profile via our ongoing fleet upgrades and our geographic expansi…

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