Bitfarms Ltd. (BITF) Announces the Appointment of Mr. Wayne Duso to its Board of Directors

Bitfarms Ltd. (NASDAQ:BITF) is one of the top strong buy stocks under $5 to buy now. On August 18, Bitfarms Ltd. (NASDAQ:BITF) announced that it strengthened its board with the appointment of Wayne Duso.

Is Bitfarms Ltd. (BITF) The Oversold Financial Stock To Buy Right Now?

A bustling server farm, reflecting the company’s investment into cryptocurrency mining.

Bitfarms Ltd.’s (NASDAQ:BITF) Board of Directors unanimously approved Mr. Duso’s appointment to the Company’s Board, effective immediately.

Management reported that with Mr. Duso’s appointment, Bitfarms Ltd.’s (NASDAQ:BITF) Board of Directors includes seven directors, six of whom are independent.

Bitfarms Ltd. (NASDAQ:BITF) is a vertically integrated Bitcoin mining company based in Canada. Its Bitcoin data centers have operations in the US, Canada, Argentina, and Paraguay.

The company operates server farms that comprise computers (Miners) specifically designed to validate transactions on the Bitcoin Blockchain.

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Disclosure: None. This article is originally published at Insider Monkey.