Bitfarms Ltd. (TSX: BITF)
Market Cap | 1.16B |
Revenue (ttm) | 247.17M |
Net Income (ttm) | -177.34M |
Shares Out | 472.50M |
EPS (ttm) | -0.48 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 1,686,792 |
Average Volume | 3,404,016 |
Open | 2.550 |
Previous Close | 2.450 |
Day's Range | 2.470 - 2.570 |
52-Week Range | 2.120 - 5.250 |
Beta | 3.26 |
RSI | 48.39 |
Earnings Date | Mar 7, 2025 |
About Bitfarms
Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. The company was formerly known as Bitfarms Technologies Ltd and changed its name to Bitfarms ... [Read more]
Financial Performance
In 2023, Bitfarms's revenue was $146.37 million, an increase of 2.76% compared to the previous year's $142.43 million. Losses were -$108.92 million, -37.99% less than in 2022.
Financial numbers in USD Financial StatementsNews
Bitfarms to Present at Needham Growth Conference in NYC
TORONTO, Ontario and BROSSARD, Québec, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF) (“Bitfarms”), a global vertically integrated Bitcoin data center company, will be attending Ne...
Bitfarms' reports M/M rise in total BTC earned in December
Bitfarms reported growth in BTC earned in December. Operating at 12.8 EH/s with sales of 147 BTC.
Bitfarms Provides December 2024 Production and Operations Update
- Increased hashrate 97% Y/Y to 12.8 EH/s - - Improved efficiency 40% Y/Y to 21 w/TH -- Earned 2,914 BTC for full-year 2024 -- Expanded operational MW 35% Y/Y to 324MW -- Acquisition of Stronghold Dig...
Bitcoin Decline Impacts Coinbase (COIN), Bitfarms, and Microstrategy
Bitcoin Decline Impacts Coinbase (COIN), Bitfarms, and Microstrategy
Bitfarms Files Second Amended and Restated Prospectus Supplement for its Existing At-the-Market Equity Offering Program
This news release constitutes a “designated news release” for the purposes of the Company's second amended and restated prospectus supplement dated December 17, 2024, to its short form base shelf pros...
Bitfarms Announces Restatement of Previously Issued Financial Statements
This news release constitutes a “designated news release” for the purposes of the Company's amended and restated prospectus supplement dated October 4, 2024, to its short form base shelf prospectus da...
This Veeva Systems Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Wednesday
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page . Alliance ...
Bitfarms generates 48% lower bitcoins in November
Bitfarms Provides November 2024 Production and Operations Update
This news release constitutes a “designated news release” for the purposes of the Company's amended and restated prospectus supplement dated October 4, 2024, to its short form base shelf prospectus da...
Bitfarms Announces Results of Special Meeting of Shareholders
- Bitfarms Board of Directors Increased to Six Members, Five of whom are Independent –-Andrew J. Chang Appointed as Independent Director--Shareholder Rights Plan Approved-
Bitfarms: Takeover Abated, Still A Work In Progress
Bitfarms Ltd. (BITF) Q3 2024 Earnings Call Transcript
Bitfarms Ltd. 2024 Q3 - Results - Earnings Call Presentation
Bitfarms GAAP EPS of -$0.08 beats by $0.02, revenue of $44.85M misses by $1.74M
Earnings Scheduled For November 13, 2024
Companies Reporting Before The Bell • Davis Commodities (NASDAQ: DTCK) is expected to report earnings for its first quarter. • HIVE Digital Technologies (NASDAQ: HIVE) is estimated to report quarter...
Bitcoin Miners Hive Digital, Hut 8, Bitfarms To Report Earnings As Future Of Crypto 'Has Never Been Brighter'
Bitcoin (CRYPTO: BTC) has soared to all-time highs following Donald Trump's election win, also lifting Bitcoin mining stocks on a wave of positive sentiment. Here's a look at what to watch as several...
Insights into Bitfarms's Upcoming Earnings
Bitfarms (NASDAQ: BITF) is gearing up to announce its quarterly earnings on Wednesday, 2024-11-13. Here's a quick overview of what investors should know before the release. Analysts are estimating th...
Bitfarms Reschedules Third Quarter 2024 Conference Call to November 13th, 2024
TORONTO, Ontario and BROSSARD, Québec, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global vertically integrated Bitcoin data center company, announced today that it will be r...
Bitfarms Q3 Earnings Preview
Bitfarms (BITF) is set to announce Q3 earnings on November 12. Consensus estimates are -$0.10 EPS and $46.59M in revenue.
Bitfarms Provides October 2024 Production and Operations Update
Earned 236 BTC in October 2024 & Increased Bitcoin Treasury to 1,188 BTC Earned 236 BTC in October 2024 & Increased Bitcoin Treasury to 1,188 BTC
Bitfarms inks another 10,000 Bitcoin miner hosting agreement with Stronghold
The Bitcoin data center firm is deploying an additional 10,000 miners to Strongholds Scrubgrass site.
Bitfarms Enters into Second 10,000 Miner Hosting Agreement with Stronghold Digital Mining
- Follows initial 10,000 miner hosting agreement announced in September – - Agreement supports 2.2 EH/s - This news release constitutes a “designated news release” for the purposes of the Company's am...
Bitfarms Nominates Andrew J. Chang for Election to the Board of Directors
- Company to Hold Virtual Special Meeting of Shareholders on November 20, 2024 - - Company to Hold Virtual Special Meeting of Shareholders on November 20, 2024 -
Bitfarms Appoints Rachel Silverstein as U.S. General Counsel
This news release constitutes a “designated news release” for the purposes of the Company's prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023.
Bitfarms Schedules Third Quarter 2024 Conference Call on November 12th, 2024
TORONTO, Ontario and BROSSARD, Québec, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global vertically integrated Bitcoin data center company, will report its third quarter 202...