Rosen Law Firm Urges Bitfarms Investors to Join Class Action by July 8

**Bitfarms Ltd. Securities Class Action Alert: Rosen Law Firm Calls for Investor Action**

**NEW YORK, June 8, 2025** — The Rosen Law Firm, a prominent global advocate for investor rights, has issued a reminder to purchasers of Bitfarms Ltd. (NASDAQ: BITF) securities, urging them to secure legal counsel before the impending deadline of July 8, 2025, to lead a class action lawsuit. This class action pertains to securities purchased between March 21, 2023, and December 9, 2024, during which time significant allegations have arisen regarding the company's financial reporting practices.

The class action, which has already been filed, alleges that Bitfarms made materially false and misleading statements about its internal financial controls and the categorization of cash flows related to the sale of digital assets. According to the lawsuit, these misstatements led to overstated financial performance, ultimately affecting the value of the securities held by investors.

**Significance of the Class Action** The importance of this class action cannot be overstated. As investors navigate the complexities of securities litigation, the role of qualified legal representation becomes crucial. "Investors need to be cautious about whom they choose to represent them in these matters," stated Laurence Rosen, founding partner of the Rosen Law Firm. "Selecting a firm with a proven track record in securities litigation is vital for achieving a favorable outcome."

The firm has previously established itself as a leader in this field, securing the largest settlement ever against a Chinese company in a securities class action and ranking first for the number of securities class action settlements in 2017, according to ISS Securities Class Action Services. In 2019 alone, the firm recovered over $438 million for investors, showcasing its effectiveness in advocating for shareholder rights.

**Background of the Allegations** The allegations against Bitfarms stem from claims that the company failed to maintain adequate internal controls over financial reporting. Specifically, the lawsuit highlights that Bitfarms inaccurately classified cash flows from digital asset sales, which should have been recorded as investing activities rather than operating activities. Furthermore, the lawsuit asserts that Bitfarms overstated its ability to remediate existing financial weaknesses, which ultimately misled investors regarding the company's financial health.

As these details emerged, investors reportedly experienced significant financial losses, prompting the need for collective legal action. As outlined in the class action, the misstatements in financial reporting not only affected investor confidence but raised broader questions regarding corporate governance at Bitfarms.

**Next Steps for Investors** Investors who purchased Bitfarms securities during the specified class period are encouraged to take action promptly. To participate in the class action and potentially serve as lead plaintiff, individuals must file their motion with the court by the July 8 deadline. The Rosen Law Firm provides a contingency fee arrangement, ensuring that investors can join the lawsuit without incurring out-of-pocket expenses.

For more information on how to join the class action, stakeholders can visit the Rosen Law Firm website or contact Phillip Kim, Esq., toll-free at 866-767-3653. Interested parties may also email case@rosenlegal.com for details.

**Conclusion** This class action represents a significant opportunity for investors to seek justice and recover losses incurred due to alleged corporate misconduct. As the legal proceedings unfold, the implications for Bitfarms Ltd. and its stakeholders remain to be seen, but the necessity for transparent corporate governance and accountability in financial reporting has never been clearer. The Rosen Law Firm continues to advocate for investor rights, emphasizing the importance of informed and strategic legal representation in navigating such complex financial disputes.