
KEY POINTS
- Bitfarms did sell most of the Bitcoins it mined in June amid the halving's impact and falling prices
- The mining firm earned more BTC in June than in May and added new Bitmain T21 miners in Quebec sites
- Riot attempted to acquire the mining firm for $950 million, an offer Bitfarms said was an undervaluation
Bitcoin mining firm Bitfarms has been under increasing pressure in recent weeks following a hostile takeover attempt by another crypto miner, Riot Platforms. However, it continues to operate as usual and even managed to earn 189 Bitcoins in the past month.