Bitfarms Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 50.32 million compared to USD 30.05 million a year ago. Net loss was USD 5.98 million compared to USD 3.7 million a year ago.

Basic loss per share from continuing operations was USD 0.02 compared to USD 0.02 a year ago.