Bitfarms Reports First Quarter 2025 Results

- 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 Bitfarms’ potential HPC data center development pipeline - 

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