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Deadline Approaches for Bitfarms Investors in Class Action Lawsuit

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Bitfarms Ltd. Class Action Lawsuit

NEW YORK, May 26, 2025 — Rosen Law Firm is reminding investors who purchased Bitfarms Ltd. securities between March 21, 2023, and December 9, 2024, of the July 8, 2025, deadline to become a lead plaintiff in a class action lawsuit.

If you bought these securities during the stated period, you could be eligible for compensation without incurring any out-of-pocket expenses, as the firm operates on a contingency fee basis.

To participate in the class action, investors may visit the Rosen Law Firm website or contact attorney Phillip Kim at 866-767-3653. The lawsuit, which has already been filed, allows shareholders to seek redress for alleged mismanagement within the company.

Rosen Law Firm emphasizes the importance of selecting experienced legal counsel. Firm representatives have cited that many firms advertising these lawsuits lack the expertise necessary for effective litigation.

The class action alleges that Bitfarms made several misleading statements regarding its internal financial controls and misclassified its digital asset proceeds in financial reports. These inaccuracies have reportedly harmed numerous investors when the truth emerged.

In past decades, Rosen Law Firm has secured considerable settlements for investors, including a notable 2019 case worth over $438 million. In 2017, they were ranked number one in the U.S. for securities class action settlements.

Nor has this been an isolated issue; Bitfarms has been scrutinized for its financial operations, which the lawsuit claims were misleadingly presented. Investors interested in potential recovery must act before the upcoming deadline, as no class has been officially certified, and retaining counsel of one’s choice remains crucial.