Bitcoin mining firm invests $43 million to buy BTC price dip

Canadian cryptocurrency mining firm Bitfarms has announced it invested $43.2 million in bitcoin to buy the dip, after the price of the flagship cryptocurrency dropped around 12% in the first week of the year in a bid to increase the amount of BTC it holds.

Bitfarms’ total BTC holdings was increased 30% to more than 4,300 BTC, worth nearly $180 million.