BlockBeats news: On January 14, Bitcoin mining company Bitfarms announced the appointment of Edie Hofmeister as chair of its board of directors, succeeding Brian Howlett, who has served as chair since 2024. Howlett will continue to serve as an independent director. Bitfarms stated that this personnel change is part of the company's strategy to redomesticate its incorporation in the United States, aiming to enhance access to U.S. capital markets, expand its base of U.S. investors, and improve eligibility for inclusion in certain stock indices.
In January, Bitcoin mining company Bitfarms sold its Latin American operations for $30 million and continued its transition into the AI and high-performance computing sectors.