Toronto-based Bitcoin miner Bitfarms is supposed to be arriving at soon the Nasdaq exchange.
Nasdaq has authorized the ongoing company’s common stock listing beneath the ticker BITF in the Nasdaq worldwide marketplace, in accordance with a press release. Nasdaq’s market has three tiers that all function various quantities of money and demands being financial. The tier which calls for larger financials and larger money flows could be the Nasdaq worldwide Select, followed closely by Nasdaq Global Markets and Nasdaq Capital marketplace.
Bitfarms stock in the TSX Venture Exchange, formerly listed as BFARF, will adopt the ticker that is new. Once Bitfarms stocks are cleared for electronic settlement (the action that is last the listing process), the stocks are live for trading.
Bitfarms listing is emblematic of the legitimacy that is increasing Bitcoin mining industry has skilled recently alongside bitcoin (BTC, +1.34%) it self.