RIO DE JANEIRO, BRAZIL - Argentine cryptocurrency mining company Bitfarms became the country's ninth to reach unicorn status after yesterday's Bitcoin surge in value to US$45,821.
Two Argentine founders succeeded in raising Bitfarms' business valuation to over US$1 billion, placing the business, operating in Canada and listed both on Wall Street and the Toronto Stock Exchange, among Mercado Libre, Globant, Despegar and OLX, to name a few.
The company founded by Emiliano Grodzki and Nicolás Bonta in 2017 and driven by the BTC's higher value since May and China's increasing restrictions on cryptocurrency . . .