Bitfarms Ltd (NASDAQ: BITF) saw a 9.28% increase, closing at $5.89 with trading volume surging to 206.8 million shares. The S&P 500 fell by 0.16%, and the Nasdaq Composite dropped by 0.76% due to U.S.–China trade tensions. Among crypto-mining peers, Hut 8 Corp (NASDAQ: HUT) rose by 1.70% to $49.94, and MARA Holdings Inc (NASDAQ: MARA) increased by 9.88% to $22.24. Bitfarms appointed Jonathan Mir as CFO, effective October 27, 2025, bringing over 25 years of experience. The company also converted its Macquarie debt facility to a $300 million project financing arrangement for U.S. expansion, boosting investor confidence.
Read more at Nasdaq, Inc.: Stock Market Today: Bitfarms Extends Rally on Financing Shift and Leadership Update