BlockchainDecoder

Recently, the energy and computing giant Bitfarms announced a striking decision. The company's board of directors approved a large-scale stock repurchase plan, demonstrating strong confidence in the company's prospects.
The plan will launch on July 28 next year and last until July 27 the year after next. Bitfarms plans to repurchase up to approximately 50 million shares of stock during this period, which is equivalent to 10% of the current outstanding shares, a considerably large scale.
The logic behind this move is worth pondering. Typically, when a company believes its stock is undervalued b
View OriginalThe plan will launch on July 28 next year and last until July 27 the year after next. Bitfarms plans to repurchase up to approximately 50 million shares of stock during this period, which is equivalent to 10% of the current outstanding shares, a considerably large scale.
The logic behind this move is worth pondering. Typically, when a company believes its stock is undervalued b