r/pennystocks - 2025-07-22 15:49 - Score: 0 - Comments: 1
π’ $BITF β Buyback + Bounce Play Incoming?
Current Price: $1.30 (+15% today)
Volume: 33M+ shares β serious momentum brewing π₯
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π Why Iβm Watching:
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Share Buyback Announced: Bitfarms just approved repurchasing up to 49.9M shares (~10% of float) β starts July 28 and runs for a year. Major vote of confidence.
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CEO says itβs undervalued β plus theyβre expanding into HPC + AI sectors, not just Bitcoin mining.
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Analyst Targets: Recent upgrades place targets between $2.00β$3.95 π₯
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π Trade Set...