Bitfarms Appoints Former AWS Executive Wayne Duso to Board of Directors
TORONTO, Ontario and NEW YORK, N.Y., Aug. 18, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX:BITF) (the "Company"), a global energy and compute infrastructure company, today announced that the Board of Directors (the "Board") has unanimously approved the appointment of Wayne Duso to the Company's Board, effective immediately. With the appointment of Mr. Duso, Bitfarms' Board is now comprised of seven directors, six of whom are independent.Mr. Duso is a distinguished senior engineering and product executive with over 25 years' experience developing enterprise technologies. He is renowned for his leadership in cloud storage systems that support large-scale data centers, making it easier to manage data for AI training, HPC, and hybrid cloud environments.Mr. Duso most recently spent 12 years at Amazon Web Services ("AWS") where he established and scaled AWS Boston from startup to thousands of employees, leading product, development, operations, P&L, and go-to-market results. During his tenure at AWS, Mr. Duso launched and scaled (to >$1B ARR) several unicorn businesses across data storage, data protection, data integration, and hybrid-edge cloud infrastructure, serving millions of customers globally. Prior to AWS, Mr. Duso spent nearly 20 years at EMC Corporation (acquired by Dell) during which he held multiple executive and senior leadership roles focused on product development, product management, business development, and engineering.Mr. Duso received a B.S. in Computer Science from the University of Massachusetts Amherst, a M.S. in Systems Engineering from Boston University, and has attended executive education programs at Massachusetts Institute of Technology and Babson College."I am thrilled to welcome Mr. Duso to the Bitfarms Board of Directors," said Brian Howlett, Independent Chairman. "Wayne's appointment comes at a pivotal time for Bitfarms as we accelerate the development of our HPC/AI business across North America. With over 25 years' experience launching and leading data center teams and developing cloud solutions at AWS and Dell, Wayne will be an invaluable resource as we pursue aggressive growth in our HPC/AI business.""I am excited to join the Bitfarms Board of Directors at such a transformative time for the Company and overall digital infrastructure industry," said Mr. Duso. "Bitfarms' strategic pivot to HPC/AI aligns perfectly with my passion for building scalable, innovative enterprise and data center technologies. With a robust 1.3 GW energy pipeline, including over 1 GW of high-value potential capacity in Pennsylvania, Bitfarms has what hyperscalers want: power, and lots of it. I look forward to leveraging my expertise to help Bitfarms capitalize on the surging demand for HPC/AI infrastructure and to drive sustainable, long-term value for Bitfarms and its stakeholders."About Bitfarms Ltd.Bitfarms is a North American energy and digital infrastructure company that builds and operates vertically integrated, state-of-the-art data centers and energy infrastructure for high-performance computing and Bitcoin mining.With a focus on U.S. growth, Bitfarms' 1.3 GW energy pipeline is more than 80% U.S.-based and clustered in data center hotspots with robust access to power and fiber infrastructure.Bitfarms was founded in 2017 and is a proven leader in digital infrastructure with operations throughout the Americas. Bitfarms is headquartered in New York, NY and Toronto, ON and traded on the Nasdaq and Toronto Stock Exchange.To learn more about Bitfarms' events, developments, and online communities:www.bitfarms.comhttps://www.facebook.com/bitfarms/http://x.com/Bitfarms_iohttps://www.instagram.com/bitfarms/https://www.linkedin.com/company/bitfarms/Forward-Looking Statements This news release contains certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") that ...Full story available on Benzinga.com
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