Bitfarms (BITF) stock investors had a highly rewarding November. The cryptocurrency miner’s common shares hit an all-time high of $9.36 during the past month, and have made impressive gains of $286.6% year-to-date. Insiders determined it was time to take some profits on their personal BITF stock positions. Could this be the signal for investors to cash out of their positions in the blockchain giant? Bitfarms owns and operates blockchain farms that provide computing power to cryptocurrency networks such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Dash, earning fees and commissions from each network for securing and processing transactions. I am neutral on BITF stock, though skeptical of recent insider activity.
https://www.tipranks.com/news/article/key-insiders-sold-bitfarms-bitf-stock-last-month?utm_source=advfn.com&utm_medium=referral
Bitfarms (NASDAQ:BITF)
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