Bitcoin mining company Bitfarms has posted impressive second-quarter results, fueled by strategic sales of its Bitcoin holdings. The Nasdaq-listed firm sold 1,052 BTC during the period, generating $100 million in revenue and showcasing a measured approach to managing its digital assets. This move contributed to the company’s strong financial performance, with Q2 revenues reaching $78 million – an impressive 87% increase compared to last year. 1,402 BTC still remain in Bitfarms’ portfolio as of August 11th. This strategic balance between selling and holding Bitcoin reflects a proactive strategy that allows for operational flexibility while ensuring future growth potential. Bitfarms has successfully leveraged its Bitcoin miner strategy to generate capital for expansion efforts and manage risks associated with volatility. The company’s performance is seen as a testament to its adaptability and ability to capitalize on market opportunities within the dynamic crypto mining industry.