Nasdaq-listed Bitcoin mining company Bitfarms has officially released its April production and operations update report, which reveals that there are no plans to purchase large Bitcoin mining machines in 2025 or 2026. Instead, the company will use previously acquired machines to achieve this year's growth targets, prioritizing the development of high-performance computing (HPC) business and expanding its energy infrastructure over pursuing new hardware.

Additionally, Bitfarms disclosed that April's mining output was 268 BTC (an average daily mining output of 8.9 BTC), and the Bitcoin treasury holdings decreased to 1,005 BTC, down from 1,140 BTC last month, equivalent to approximately $94 million based on the Bitcoin price as of April 30.