Bitfarms Ltd. is trading 10.1% up at $6.23 as shares extend a sharp rebound from last week's financing- and dilution-related selloff.
- Investors appear to be dip-buying as concerns regarding the upsized convertible-notes overhang ease and recent profit-taking unwinds.
- The stock is seeing strong momentum buying despite a softer backdrop for Bitcoin and generally weaker cryptocurrency prices.