Bitfarms (OTCMKTS:BFARF) Trading Down 6.2% – Here’s What Happened

Shares of Bitfarms Ltd. (OTCMKTS:BFARFGet Free Report) were down 6.2% on Wednesday . The stock traded as low as $1.91 and last traded at $1.97. Approximately 18,876,602 shares were traded during trading, an increase of 1,138% from the average daily volume of 1,524,660 shares. The stock had previously closed at $2.10.

Bitfarms Trading Down 6.2 %

The firm’s 50-day moving average price is $2.08 and its two-hundred day moving average price is $2.22.

About Bitfarms

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Bitfarms Ltd., a blockchain infrastructure company, mines for cryptocurrency coins and tokens in North America. The company owns and operates server farms comprising computers that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees.

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