Bitfarms Ltd. (TSX:BITF)

Canada flag Canada · Delayed Price · Currency is CAD
1.370
+0.030 (2.24%)
May 6, 2025, 4:00 PM EDT
-45.42%
Market Cap 741.88M
Revenue (ttm) 277.52M
Net Income (ttm) -77.79M
Shares Out 553.64M
EPS (ttm) -0.19
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 632,182
Average Volume 1,539,255
Open 1.330
Previous Close 1.340
Day's Range 1.305 - 1.370
52-Week Range 0.960 - 4.490
Beta 4.26
RSI 48.52
Earnings Date May 15, 2025

About Bitfarms

Bitfarms Ltd. operates integrated bitcoin data centers in Canada, the United States, Paraguay, and Argentina. It primarily owns and operates data centers housing computers to validate transactions on the bitcoin blockchain, as well as sells computational power used for hashing calculations for cryptocurrency mining in multiple jurisdictions. 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 Bitfarm... [Read more]

Industry Capital Markets
Sector Financials
Founded 2017
Employees 170
Stock Exchange Toronto Stock Exchange
Ticker Symbol BITF
Full Company Profile

Financial Performance

In 2024, Bitfarms's revenue was $192.88 million, an increase of 31.78% compared to the previous year's $146.37 million. Losses were -$54.06 million, -50.37% less than in 2023.

Financial numbers in USD Financial Statements

News

Bitfarms Announces Participation in Upcoming Investor and Industry Conferences

TORONTO, May 06, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global energy and compute infrastructure company, today announced its participation in several upcoming investor and indus...

11 hours ago - GlobeNewsWire

Bitfarms Ltd. Announcement: If You Have Suffered Losses in Bitfarms Ltd.

NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Bitfarms Ltd. (NASD...

1 day ago - GlobeNewsWire

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Bitfarms Ltd. - BITF

NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of  Bitfarms Ltd. (“Bitfarms” or the “Company”) (NASDAQ: BITF). Such investors are advised to co...

1 day ago - GlobeNewsWire

Bitcoin mining Institutions boost investments amid favorable US climate

Opinion by: Fakhul Miah, managing director of GoMining Institutional The Bitcoin ( BTC) mining industry has never been more attractive to institutional investors. Fintech giants are investing in Bitc...

3 days ago - Cointelegraph

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF

NEW YORK CITY, NY / ACCESS Newswire / May 3, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ:BITF).

3 days ago - Accesswire

ROSEN, A LEADING LAW FIRM, Encourages Bitfarms Ltd. Investors to Inquire About Securities Class Action Investigation - BITF

NEW YORK, NY / ACCESS Newswire / May 2, 2025 / WHY: New York, N.Y., May 2, 2025.

3 days ago - Accesswire

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF

NEW YORK CITY, NY / ACCESS Newswire / May 2, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ:BITF).

4 days ago - Accesswire

Bitfarms Ltd. Announcement: If You Have Suffered Losses in Bitfarms Ltd.

NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Bitfarms Ltd. (NASD...

4 days ago - GlobeNewsWire

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF

NEW YORK CITY, NY / ACCESS Newswire / May 1, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ:BITF).

5 days ago - Accesswire

Bitfarms Provides April 2025 Production and Operations Update

- New private debt facility with a division of Macquarie Group for up to $300 million to fund initial HPC project development at Panther Creek, validating the attractiveness of Bitfarms' potential HPC...

5 days ago - GlobeNewsWire

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF

NEW YORK CITY, NY / ACCESS Newswire / April 30, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ:BITF).

6 days ago - Accesswire

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF

NEW YORK, April 29, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of  Bitfarms Ltd. (“Bitfarms” or the “Company”) (NASDAQ: BITF).  Such investors are advised to...

7 days ago - GlobeNewsWire

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF

NEW YORK , April 28, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ: BITF).

7 days ago - PRNewsWire

Bitfarms Ltd. Announcement: If You Have Suffered Losses in Bitfarms Ltd.

NEW YORK, April 28, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Bitfarms Ltd. (NA...

8 days ago - GlobeNewsWire

Rosen Law Firm Encourages Bitfarms Ltd. Investors to Inquire About Securities Class Action Investigation - BITF

NEW YORK , April 25, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Bitfarms (NASDA...

10 days ago - PRNewsWire

Rosen Law Firm Encourages Bitfarms Ltd. Investors to Inquire About Securities Class Action Investigation - BITF

NEW YORK , April 25, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Bitfarms (NASDA...

10 days ago - PRNewsWire

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF

NEW YORK, April 25, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of  Bitfarms Ltd. (“Bitfarms” or the “Company”) (NASDAQ: BITF).  Such investors are advised to...

11 days ago - GlobeNewsWire

Bitfarms Ltd. Announcement: If You Have Suffered Losses in Bitfarms Ltd.

NEW YORK, April 24, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Bitfarms Ltd. (NA...

12 days ago - GlobeNewsWire

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF

NEW YORK CITY, NY / ACCESS Newswire / April 24, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ:BITF).

12 days ago - Accesswire

Riot Platforms secures $100M Bitcoin-backed loan from Coinbase

Riot Platforms has used its massive Bitcoin stockpile as collateral to secure a $100 million credit facility from Coinbase as the cryptocurrency miner eyes continued expansion. The $100 million loan f...

13 days ago - Cointelegraph

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF

NEW YORK, NY / ACCESS Newswire / April 23, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ:BITF).

13 days ago - Accesswire

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF

NEW YORK , April 22, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ: BITF).

14 days ago - PRNewsWire

Bitdeer secures $60M to boost Bitcoin ASIC production amid record hashrate

Bitcoin mining firm Bitdeer has secured a $60 million loan to ramp up its Bitcoin ASIC manufacturing efforts as global mining competition intensifies amid record-breaking network hashrates. According ...

14 days ago - Cointelegraph

Bitfarms Ltd. Announcement: If You Have Suffered Losses in Bitfarms Ltd.

NEW YORK, April 21, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Bitfarms Ltd. (NA...

14 days ago - GlobeNewsWire

Bitfarms Announcement: Rosen Law Firm Encourages Bitfarms Ltd. Investors to Inquire About Securities Class Action Investigation - BITF

NEW YORK , April 21, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Bitfarms (NASDA...

15 days ago - PRNewsWire