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Bitfarms | 6-K: Report of foreign private issuer (related to financial reporting)

SEC announcement ·  Jun 29 04:03
Summary by Futu AI
On June 27, 2024, Bitfarms Ltd., a global Bitcoin mining company, announced the appointment of Fanny Philip to its Board of Directors, effective immediately. The addition of Ms. Philip, a recognized blockchain technology expert and seasoned finance executive, brings the total number of directors to five, with four being independent. Her extensive experience in audit, public company reporting, and mergers and acquisitions, as well as her previous roles as CFO, VP Finances, and COO at various companies, is expected to contribute significantly to Bitfarms' growth and shareholder value. The company, which operates 12 Bitcoin mining facilities across four countries, is committed to sustainable energy practices. The appointment is part of Bitfarms' board refresh initiative, aiming to enhance the board's skill set with independent candidates. Moelis & Company LLC, along with several legal and strategic advisors, are providing services to Bitfarms.
On June 27, 2024, Bitfarms Ltd., a global Bitcoin mining company, announced the appointment of Fanny Philip to its Board of Directors, effective immediately. The addition of Ms. Philip, a recognized blockchain technology expert and seasoned finance executive, brings the total number of directors to five, with four being independent. Her extensive experience in audit, public company reporting, and mergers and acquisitions, as well as her previous roles as CFO, VP Finances, and COO at various companies, is expected to contribute significantly to Bitfarms' growth and shareholder value. The company, which operates 12 Bitcoin mining facilities across four countries, is committed to sustainable energy practices. The appointment is part of Bitfarms' board refresh initiative, aiming to enhance the board's skill set with independent candidates. Moelis & Company LLC, along with several legal and strategic advisors, are providing services to Bitfarms.
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