Bitfarms, the cryptocurrency mining company, reported a net loss of $36 million for Q1 2025, signaling a strategic shift towards high-performance computing and artificial intelligence. The financial report also revealed increased operational costs, particularly after Bitcoin’s halving in 2024. 78% of Bitfarms’ $300 million secured private debt facility from Macquarie Group will be allocated to expanding their infrastructure and supporting growth in digital assets. 428 BTC were sold during the quarter, while over 1,100 BTC remained in treasury. These moves reflect a broader trend in the cryptocurrency mining industry as companies adapt to changing market dynamics following Bitcoin’s halving. Bitfarms is currently facing challenges with operational costs and decreased gross margin (43%), but CEO Geoffrey Morphy believes this transition will position Bitfarms for long-term growth within the evolving digital asset ecosystem. The company’s actions are likely to influence other mining companies and shape future regulations in the industry.