Bitfarms’ shares slump on Nasdaq debut amid crypto market pull-back

Cointelegraph

Published Jun 22, 2021 01:16AM ET

Updated Jun 22, 2021 03:00AM ET

The highly anticipated Nasdaq debut of renewable energy-focused BTC mining firm, Bitfarms (BITF), saw the company’s stock fall by as much as 8.6% amid weakness in the broader crypto markets.

BITF opened at $4.04 and quickly climbed a couple of percent to tag a high of $4.11 before dropping as low as $3.90 as cryptocurrency prices tumbled. Bitfarm’s shares last traded hands for $3.96.

BITF/USD: Nasdaq

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