BTC mining company Bitfarms sold half of its Bitcoin holdings, which is 3,000 coins in the past week for around $62 M to reduce debt as the decline in the BTC price has had a negative impact on the business.
The team wrote that it now holds around 3,349 Bitcoins, and daily BTC production of about 14 Bitcoins adds further liquidity.
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Mining Company Bitfarms Sold Half of Its Bitcoins