Bitfarms mined 398 BTC in October

Bitfarms Ltd., a Bitcoin mining company, has released its financial performance for the third quarter ending September 30, 2023. Out of the 398 BTC mined in October 2023, 341 BTC have been sold, generating revenue of $10 million. The remaining 57 BTC will be added to the treasury, increasing the amount of BTC held in custody to 760 BTC. Based on the BTC price of $34,200 on October 31, 2023, the total value is $26 million.