Bitfarms Ltd. (Nasdaq/TSX: BITF) has announced the commencement of a corporate share buyback program, as approved by its Board of Directors. The program allows Bitfarms to repurchase shares through the Toronto Stock Exchange and Nasdaq, with daily repurchases on the TSX limited to 494,918 common shares. All shares purchased under the program will be cancelled. CEO Ben Gagnon expressed the company's belief in the undervaluation of Bitfarms' shares, highlighting their confidence in the business and growth strategy.
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