The post Bitfarms Appoints Jonathan Mir as CFO Amid Strategic Shift appeared on BitcoinEthereumNews.com. Darius Baruo Oct 14, 2025 07:16 Bitfarms Ltd. announces the retirement of CFO Jeff Lucas and the appointment of Jonathan Mir, as the company pivots towards HPC/AI infrastructure in North America. Bitfarms Ltd. (Nasdaq/TSX: BITF), a leading North American energy and digital infrastructure company, has announced a significant leadership change as part of its strategic pivot towards high-performance computing (HPC) and artificial intelligence (AI) infrastructure. According to GlobeNewswire, Jeff Lucas, the current Chief Financial Officer (CFO), will retire, and Jonathan Mir will succeed him, effective October 27, 2025. Leadership Transition Jeff Lucas, who has been instrumental in Bitfarms’ transformation from an international Bitcoin miner to a U.S.-focused energy and digital infrastructure company, will remain involved as a strategic financial advisor through the first quarter of 2026 to ensure a seamless transition. Lucas expressed confidence in the future growth of Bitfarms, highlighting the company’s solid financial footing with approximately $330 million in cash and Bitcoin, as well as access to $250 million in additional financing. Jonathan Mir’s Expertise Jonathan Mir brings over 25 years of capital markets experience, particularly in energy infrastructure. His previous roles include Head of North American Power, Energy & Infrastructure at Lazard Inc., and Managing Director in Bank of America’s Natural Resources and Energy Transition group. Mir’s extensive experience in public and private equity and debt financings is expected to be pivotal as Bitfarms executes its transition to a North American HPC/AI infrastructure company. Strategic Focus on HPC/AI Under the leadership of CEO Ben Gagnon, Bitfarms is focusing on expanding its HPC/AI infrastructure projects across key locations in Pennsylvania, Quebec, and Central Washington. The company’s 1.3 GW energy pipeline is predominantly U.S.-based, aligning with its strategy to leverage robust power and fiber infrastructure in data center hotspots. Gagnon expressed… The post Bitfarms Appoints Jonathan Mir as CFO Amid Strategic Shift appeared on BitcoinEthereumNews.com. Darius Baruo Oct 14, 2025 07:16 Bitfarms Ltd. announces the retirement of CFO Jeff Lucas and the appointment of Jonathan Mir, as the company pivots towards HPC/AI infrastructure in North America. Bitfarms Ltd. (Nasdaq/TSX: BITF), a leading North American energy and digital infrastructure company, has announced a significant leadership change as part of its strategic pivot towards high-performance computing (HPC) and artificial intelligence (AI) infrastructure. According to GlobeNewswire, Jeff Lucas, the current Chief Financial Officer (CFO), will retire, and Jonathan Mir will succeed him, effective October 27, 2025. Leadership Transition Jeff Lucas, who has been instrumental in Bitfarms’ transformation from an international Bitcoin miner to a U.S.-focused energy and digital infrastructure company, will remain involved as a strategic financial advisor through the first quarter of 2026 to ensure a seamless transition. Lucas expressed confidence in the future growth of Bitfarms, highlighting the company’s solid financial footing with approximately $330 million in cash and Bitcoin, as well as access to $250 million in additional financing. Jonathan Mir’s Expertise Jonathan Mir brings over 25 years of capital markets experience, particularly in energy infrastructure. His previous roles include Head of North American Power, Energy & Infrastructure at Lazard Inc., and Managing Director in Bank of America’s Natural Resources and Energy Transition group. Mir’s extensive experience in public and private equity and debt financings is expected to be pivotal as Bitfarms executes its transition to a North American HPC/AI infrastructure company. Strategic Focus on HPC/AI Under the leadership of CEO Ben Gagnon, Bitfarms is focusing on expanding its HPC/AI infrastructure projects across key locations in Pennsylvania, Quebec, and Central Washington. The company’s 1.3 GW energy pipeline is predominantly U.S.-based, aligning with its strategy to leverage robust power and fiber infrastructure in data center hotspots. Gagnon expressed…

Bitfarms Appoints Jonathan Mir as CFO Amid Strategic Shift

2025/10/15 01:09


Darius Baruo
Oct 14, 2025 07:16

Bitfarms Ltd. announces the retirement of CFO Jeff Lucas and the appointment of Jonathan Mir, as the company pivots towards HPC/AI infrastructure in North America.





Bitfarms Ltd. (Nasdaq/TSX: BITF), a leading North American energy and digital infrastructure company, has announced a significant leadership change as part of its strategic pivot towards high-performance computing (HPC) and artificial intelligence (AI) infrastructure. According to GlobeNewswire, Jeff Lucas, the current Chief Financial Officer (CFO), will retire, and Jonathan Mir will succeed him, effective October 27, 2025.

Leadership Transition

Jeff Lucas, who has been instrumental in Bitfarms’ transformation from an international Bitcoin miner to a U.S.-focused energy and digital infrastructure company, will remain involved as a strategic financial advisor through the first quarter of 2026 to ensure a seamless transition. Lucas expressed confidence in the future growth of Bitfarms, highlighting the company’s solid financial footing with approximately $330 million in cash and Bitcoin, as well as access to $250 million in additional financing.

Jonathan Mir’s Expertise

Jonathan Mir brings over 25 years of capital markets experience, particularly in energy infrastructure. His previous roles include Head of North American Power, Energy & Infrastructure at Lazard Inc., and Managing Director in Bank of America’s Natural Resources and Energy Transition group. Mir’s extensive experience in public and private equity and debt financings is expected to be pivotal as Bitfarms executes its transition to a North American HPC/AI infrastructure company.

Strategic Focus on HPC/AI

Under the leadership of CEO Ben Gagnon, Bitfarms is focusing on expanding its HPC/AI infrastructure projects across key locations in Pennsylvania, Quebec, and Central Washington. The company’s 1.3 GW energy pipeline is predominantly U.S.-based, aligning with its strategy to leverage robust power and fiber infrastructure in data center hotspots.

Gagnon expressed enthusiasm about Mir joining the team, citing his deep sectoral knowledge and capital markets experience as invaluable assets for Bitfarms’ next growth phase. The company aims to capitalize on emerging opportunities in the HPC/AI sector while maintaining its legacy in Bitcoin mining.

About Bitfarms

Founded in 2017, Bitfarms has established itself as a leader in digital infrastructure, operating vertically integrated data centers and energy infrastructure for high-performance computing and Bitcoin mining across the Americas. Headquartered in New York and Toronto, Bitfarms is publicly traded on both the Nasdaq and Toronto Stock Exchange.

Image source: Shutterstock


Source: https://blockchain.news/news/bitfarms-appoints-jonathan-mir-as-cfo-amid-strategic-shift

Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

UK crypto holders brace for FCA’s expanded regulatory reach

UK crypto holders brace for FCA’s expanded regulatory reach

The post UK crypto holders brace for FCA’s expanded regulatory reach appeared on BitcoinEthereumNews.com. British crypto holders may soon face a very different landscape as the Financial Conduct Authority (FCA) moves to expand its regulatory reach in the industry. A new consultation paper outlines how the watchdog intends to apply its rulebook to crypto firms, shaping everything from asset safeguarding to trading platform operation. According to the financial regulator, these proposals would translate into clearer protections for retail investors and stricter oversight of crypto firms. UK FCA plans Until now, UK crypto users mostly encountered the FCA through rules on promotions and anti-money laundering checks. The consultation paper goes much further. It proposes direct oversight of stablecoin issuers, custodians, and crypto-asset trading platforms (CATPs). For investors, that means the wallets, exchanges, and coins they rely on could soon be subject to the same governance and resilience standards as traditional financial institutions. The regulator has also clarified that firms need official authorization before serving customers. This condition should, in theory, reduce the risk of sudden platform failures or unclear accountability. David Geale, the FCA’s executive director of payments and digital finance, said the proposals are designed to strike a balance between innovation and protection. He explained: “We want to develop a sustainable and competitive crypto sector – balancing innovation, market integrity and trust.” Geale noted that while the rules will not eliminate investment risks, they will create consistent standards, helping consumers understand what to expect from registered firms. Why does this matter for crypto holders? The UK regulatory framework shift would provide safer custody of assets, better disclosure of risks, and clearer recourse if something goes wrong. However, the regulator was also frank in its submission, arguing that no rulebook can eliminate the volatility or inherent risks of holding digital assets. Instead, the focus is on ensuring that when consumers choose to invest, they do…
Paylaş
BitcoinEthereumNews2025/09/17 23:52