PriceSensitive

Bitfarms (TSXV:BITF) retains LHA for investor relations and advisory services

Cryptocurrency
TSXV:BITF
17 September 2021 08:45 (EDT)
Bitfarms - CEO, Emiliano Grodzki.

Source: Bitfarms.

Bitfarms (BITF) has retained LHA Investor Relations, a leading IR and strategic advisory firm.

LHA will focus on expanding market awareness for Bitfarms and conveying the company’s business model and growth strategies to the institutional and retail investment communities.

LHA plans to build greater investor community awareness through enhanced communications, drive investor and sell-side analyst targeting, organize non-deal roadshows, and will provide capital markets advisory services.

“Recognizing LHA’s veteran presence in capital markets and deep experience with larger, high-growth companies, we believe LHA is a perfect fit for our company as we transition beyond a micro-cap company,” said Bitfarms CEO Emiliano Grodzki.

LHA has been engaged at a rate of US$20,000 per month for an initial term of six months. The agreement with LHA is subject to TSX Venture Exchange approval.

Bitfarm is a Bitcoin mining company, running integrated mining operations with onsite technical repair, proprietary data analytics and company-owned electrical engineering and installation services to deliver high operational performance and uptime.

Bitfarms has a diversified production platform with five industrial-scale facilities located in Québec. Each facility is over 99 per cent powered with environmentally-friendly hydropower and secured with long-term power contracts.

Bitfarms Ltd. (BITF) opened trading at C$6.75 per share.

Related News