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Bitfarms to Restate Financials After SEC Review


Bitfarms to Restate Financials After SEC Review

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Bitfarms Ltd. is restating its financial statements for 2022 and 2023 after identifying a material error in the classification of proceeds from digital asset sales, which were previously recorded as operating cash flows instead of investing activities. This adjustment, prompted by an SEC review, does not affect the company's cash position or business operations.

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