[Bitfarms Loss Expands to $285 Million, Bitcoin Decline Drags Down Performance but Stock Price Rises] Reported by Golden Finance, on April 1, Bitfarms (BITF) announced on Tuesday that despite a net loss of $285 million in 2025, the company's stock price still rose by 6.6%. The loss was primarily driven by the decline in Bitcoin prices and high operating costs, while the company is advancing its transition to AI and high-performance computing (HPC). The financial report shows that the company's annual revenue grew 72% year-over-year to $229 million but was offset by $248 million in operating costs, resulting in a gross loss. Additionally, general and administrative expenses increased year-over-year; changes in the fair value of digital assets resulted in a $50.5 million loss in 2025, compared to a $26 million gain in 2024. However, the sale of digital assets generated $28.2 million in gains, partially offsetting the losses. This performance reflects the challenges faced by some Bitcoin mining companies in terms of profitability. Since the May 2024 halving, mining difficulty (a metric that measures the difficulty of mining new blocks) has increased by 58.5%, while Bitcoin prices have fallen 46% from their peak last October, compressing miners' profit margins.