Bitfarms Announces Results of Special General Meeting - Seite 2

The Company would like to reiterate to its shareholders that their TASE shares will not be delisted from trading in Israel prior to obtaining a conditional listing approval in Canada. Our objective is to ensure as close to continuous trading between Israeli and Canadian markets as possible, subject to applicable laws and regulations.

Upcoming Special General Meeting on May 7^th, 2019

The Company would like to remind shareholders regarding the upcoming SGM scheduled for Tuesday May 7, 2019 related to certain security and collateral matters which are required to be delivered under future funding tranches as part of the recently announced US$20M loan financing.

Shareholders of record at the end of trading day on April 8, 2019 are eligible to vote in person, via proxy or electronically through the electronic voting system. Details regarding the voting process as well as the proposed resolution can be found in the Company reports published on the Maya.

About Bitfarms Ltd. (formerly Bitfarms Technologies Ltd. and Blockchain Mining Ltd.)

Through its ownership of Bitfarms, the Company owns and operates computing centres that power the global decentralized financial economy. Bitfarms provides computing power to cryptocurrency networks such as Bitcoin, earning fees from each network for securing and processing transactions. Powered by clean and competitively priced hydroelectricity, Bitfarms operates 4 computing centres in Québec, Canada with 36MW of built-out infrastructure and approximately 220 Ph/s of installed hash power. Bitfarms’ strong and experienced management team is comprised of veteran industrial-scale data centre operators and capital markets professionals, focused on building infrastructure for the future by developing and hosting the ecosystem growing around blockchain-based technologies.

Keep up-to-date on Bitfarms’ events, developments and online communities:

https://www.facebook.com/bitfarms/

https://twitter.com/Bitfarms_io

https://www.instagram.com/bitfarms/

https://www.linkedin.com/company/bitfarms/

Website: www.bitfarms.io

Cautionary Statement

This press release does not constitute an offer to sell or a solicitation of an offer to buy or sell securities or other financial instruments in any jurisdiction or any advice or recommendation with respect to such securities or other financial instruments of the Company. Investors are cautioned that, except as disclosed in the Company’s regulatory disclosures prepared in connection with transactions described herein, any information released or received with respect to the transactions described herein may not be accurate or complete and should not be relied upon. Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.