The post Bitfarms Appoints Jonathan Mir as CFO Amid Strategic Shift appeared on BitcoinEthereumNews.com. Darius Baruo Oct 14, 2025 07:16 Bitfarms Ltd. announces the retirement of CFO Jeff Lucas and the appointment of Jonathan Mir, as the company pivots towards HPC/AI infrastructure in North America. Bitfarms Ltd. (Nasdaq/TSX: BITF), a leading North American energy and digital infrastructure company, has announced a significant leadership change as part of its strategic pivot towards high-performance computing (HPC) and artificial intelligence (AI) infrastructure. According to GlobeNewswire, Jeff Lucas, the current Chief Financial Officer (CFO), will retire, and Jonathan Mir will succeed him, effective October 27, 2025. Leadership Transition Jeff Lucas, who has been instrumental in Bitfarms’ transformation from an international Bitcoin miner to a U.S.-focused energy and digital infrastructure company, will remain involved as a strategic financial advisor through the first quarter of 2026 to ensure a seamless transition. Lucas expressed confidence in the future growth of Bitfarms, highlighting the company’s solid financial footing with approximately $330 million in cash and Bitcoin, as well as access to $250 million in additional financing. Jonathan Mir’s Expertise Jonathan Mir brings over 25 years of capital markets experience, particularly in energy infrastructure. His previous roles include Head of North American Power, Energy & Infrastructure at Lazard Inc., and Managing Director in Bank of America’s Natural Resources and Energy Transition group. Mir’s extensive experience in public and private equity and debt financings is expected to be pivotal as Bitfarms executes its transition to a North American HPC/AI infrastructure company. Strategic Focus on HPC/AI Under the leadership of CEO Ben Gagnon, Bitfarms is focusing on expanding its HPC/AI infrastructure projects across key locations in Pennsylvania, Quebec, and Central Washington. The company’s 1.3 GW energy pipeline is predominantly U.S.-based, aligning with its strategy to leverage robust power and fiber infrastructure in data center hotspots. Gagnon expressed… The post Bitfarms Appoints Jonathan Mir as CFO Amid Strategic Shift appeared on BitcoinEthereumNews.com. Darius Baruo Oct 14, 2025 07:16 Bitfarms Ltd. announces the retirement of CFO Jeff Lucas and the appointment of Jonathan Mir, as the company pivots towards HPC/AI infrastructure in North America. Bitfarms Ltd. (Nasdaq/TSX: BITF), a leading North American energy and digital infrastructure company, has announced a significant leadership change as part of its strategic pivot towards high-performance computing (HPC) and artificial intelligence (AI) infrastructure. According to GlobeNewswire, Jeff Lucas, the current Chief Financial Officer (CFO), will retire, and Jonathan Mir will succeed him, effective October 27, 2025. Leadership Transition Jeff Lucas, who has been instrumental in Bitfarms’ transformation from an international Bitcoin miner to a U.S.-focused energy and digital infrastructure company, will remain involved as a strategic financial advisor through the first quarter of 2026 to ensure a seamless transition. Lucas expressed confidence in the future growth of Bitfarms, highlighting the company’s solid financial footing with approximately $330 million in cash and Bitcoin, as well as access to $250 million in additional financing. Jonathan Mir’s Expertise Jonathan Mir brings over 25 years of capital markets experience, particularly in energy infrastructure. His previous roles include Head of North American Power, Energy & Infrastructure at Lazard Inc., and Managing Director in Bank of America’s Natural Resources and Energy Transition group. Mir’s extensive experience in public and private equity and debt financings is expected to be pivotal as Bitfarms executes its transition to a North American HPC/AI infrastructure company. Strategic Focus on HPC/AI Under the leadership of CEO Ben Gagnon, Bitfarms is focusing on expanding its HPC/AI infrastructure projects across key locations in Pennsylvania, Quebec, and Central Washington. The company’s 1.3 GW energy pipeline is predominantly U.S.-based, aligning with its strategy to leverage robust power and fiber infrastructure in data center hotspots. Gagnon expressed…

Bitfarms Appoints Jonathan Mir as CFO Amid Strategic Shift

2025/10/15 01:09


Darius Baruo
Oct 14, 2025 07:16

Bitfarms Ltd. announces the retirement of CFO Jeff Lucas and the appointment of Jonathan Mir, as the company pivots towards HPC/AI infrastructure in North America.





Bitfarms Ltd. (Nasdaq/TSX: BITF), a leading North American energy and digital infrastructure company, has announced a significant leadership change as part of its strategic pivot towards high-performance computing (HPC) and artificial intelligence (AI) infrastructure. According to GlobeNewswire, Jeff Lucas, the current Chief Financial Officer (CFO), will retire, and Jonathan Mir will succeed him, effective October 27, 2025.

Leadership Transition

Jeff Lucas, who has been instrumental in Bitfarms’ transformation from an international Bitcoin miner to a U.S.-focused energy and digital infrastructure company, will remain involved as a strategic financial advisor through the first quarter of 2026 to ensure a seamless transition. Lucas expressed confidence in the future growth of Bitfarms, highlighting the company’s solid financial footing with approximately $330 million in cash and Bitcoin, as well as access to $250 million in additional financing.

Jonathan Mir’s Expertise

Jonathan Mir brings over 25 years of capital markets experience, particularly in energy infrastructure. His previous roles include Head of North American Power, Energy & Infrastructure at Lazard Inc., and Managing Director in Bank of America’s Natural Resources and Energy Transition group. Mir’s extensive experience in public and private equity and debt financings is expected to be pivotal as Bitfarms executes its transition to a North American HPC/AI infrastructure company.

Strategic Focus on HPC/AI

Under the leadership of CEO Ben Gagnon, Bitfarms is focusing on expanding its HPC/AI infrastructure projects across key locations in Pennsylvania, Quebec, and Central Washington. The company’s 1.3 GW energy pipeline is predominantly U.S.-based, aligning with its strategy to leverage robust power and fiber infrastructure in data center hotspots.

Gagnon expressed enthusiasm about Mir joining the team, citing his deep sectoral knowledge and capital markets experience as invaluable assets for Bitfarms’ next growth phase. The company aims to capitalize on emerging opportunities in the HPC/AI sector while maintaining its legacy in Bitcoin mining.

About Bitfarms

Founded in 2017, Bitfarms has established itself as a leader in digital infrastructure, operating vertically integrated data centers and energy infrastructure for high-performance computing and Bitcoin mining across the Americas. Headquartered in New York and Toronto, Bitfarms is publicly traded on both the Nasdaq and Toronto Stock Exchange.

Image source: Shutterstock


Source: https://blockchain.news/news/bitfarms-appoints-jonathan-mir-as-cfo-amid-strategic-shift

Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse?

Whales offload 200 million XRP leaving market uncertainty behind. XRP faces potential collapse as whales drive major price shifts. Is XRP’s future in danger after massive sell-off by whales? XRP’s price has been under intense pressure recently as whales reportedly offloaded a staggering 200 million XRP over the past two weeks. This massive sell-off has raised alarms across the cryptocurrency community, as many wonder if the market is on the brink of collapse or just undergoing a temporary correction. According to crypto analyst Ali (@ali_charts), this surge in whale activity correlates directly with the price fluctuations seen in the past few weeks. XRP experienced a sharp spike in late July and early August, but the price quickly reversed as whales began to sell their holdings in large quantities. The increased volume during this period highlights the intensity of the sell-off, leaving many traders to question the future of XRP’s value. Whales have offloaded around 200 million $XRP in the last two weeks! pic.twitter.com/MiSQPpDwZM — Ali (@ali_charts) September 17, 2025 Also Read: Shiba Inu’s Price Is at a Tipping Point: Will It Break or Crash Soon? Can XRP Recover or Is a Bigger Decline Ahead? As the market absorbs the effects of the whale offload, technical indicators suggest that XRP may be facing a period of consolidation. The Relative Strength Index (RSI), currently sitting at 53.05, signals a neutral market stance, indicating that XRP could move in either direction. This leaves traders uncertain whether the XRP will break above its current resistance levels or continue to fall as more whales sell off their holdings. Source: Tradingview Additionally, the Bollinger Bands, suggest that XRP is nearing the upper limits of its range. This often points to a potential slowdown or pullback in price, further raising concerns about the future direction of the XRP. With the price currently around $3.02, many are questioning whether XRP can regain its footing or if it will continue to decline. The Aftermath of Whale Activity: Is XRP’s Future in Danger? Despite the large sell-off, XRP is not yet showing signs of total collapse. However, the market remains fragile, and the price is likely to remain volatile in the coming days. With whales continuing to influence price movements, many investors are watching closely to see if this trend will reverse or intensify. The coming weeks will be critical for determining whether XRP can stabilize or face further declines. The combination of whale offloading and technical indicators suggest that XRP’s price is at a crossroads. Traders and investors alike are waiting for clear signals to determine if the XRP will bounce back or continue its downward trajectory. Also Read: Metaplanet’s Bold Move: $15M U.S. Subsidiary to Supercharge Bitcoin Strategy The post Whales Dump 200 Million XRP in Just 2 Weeks – Is XRP’s Price on the Verge of Collapse? appeared first on 36Crypto.
Paylaş
Coinstats2025/09/17 23:42