Investor alert: class action lawsuit filed on behalf of bitfarms ltd. (bitf) investors – holzer & holzer, llc encourages investors with significant losses to contact the firm

Atlanta, may 12, 2025 (globe newswire) -- a shareholder class action lawsuit has been filed against bitfarms ltd. (“bitfarms” or the “company”) (nasdaq: bitf). the lawsuit alleges that defendants made materially false and/or misleading statements and/or failed to disclose material adverse information regarding the company's business, operations, and prospects, including allegations that: (i) bitfarms maintained deficient internal controls over financial reporting; (ii) as a result, bitfarms incorrectly categorized proceeds derived from the sale of digital assets as a cash flow from operating activities rather than as a cash flow from investing activities; (iii) in addition, bitfarms overstated the extent to which it had remediated, and/or its ability to remediate, the material weakness in its internal controls over financial reporting related to its classification of the 2021 warrants; (iv) the foregoing errors caused bitfarms to misstate various items in several of the company's previously issued financial statements; (v) as a result, these financial statements were inaccurate and would likely need to be restated.
BITF Ratings Summary
BITF Quant Ranking