Bitfarms Ltd. (TSX:BITF)

Canada flag Canada · Delayed Price · Currency is CAD
1.750
+0.075 (4.48%)
Jul 31, 2025, 4:00 PM EDT
4.48%
Market Cap975.71M
Revenue (ttm)301.00M
Net Income (ttm)-120.68M
Shares Out557.55M
EPS (ttm)-0.27
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume5,011,686
Average Volume2,399,550
Open1.680
Previous Close1.675
Day's Range1.680 - 1.840
52-Week Range0.960 - 3.850
Beta4.10
RSI66.01
Earnings DateAug 8, 2025

About Envestnet

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]

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 Statements

News

Bragar Eagel & Squire, P.C. Reminds Investors in Bitfarms or Reddit of The Class Action Lawsuits Filed and Urges Investors to Inquire About Their Rights

Bragar Eagel & Squire, P.C. Litigation Attorney  Brandon Walker  Encourages Investors Who Suffered Losses In Bitfarms (BITF) or Reddit (RDDT) To Contact Him Directly To Discuss Their Options

3 days ago - GlobeNewsWire

Bitfarms Announces Second Principal Executive Office in NYC and Initiates Conversion to U.S. GAAP

TORONTO and NEW YORK, July 28, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF) (the “Company”), a global energy and compute infrastructure company, today announced that the New York City off...

3 days ago - GlobeNewsWire

Bitfarms to buy back 10% of shares, calls stock undervalued

The bitcoin miner plans to repurchase up to 49.9 million shares over the next year as it pivots to high-performance computing and AI infrastructure.

9 days ago - Cointelegraph

Bitcoin Miner Bitfarms Jumps 8% on Share Buyback Program

The company CEO called the stock undervalued, with an "underappreciated" bitcoin business and little to no value being applied to the firm's high-performance computing potential.

9 days ago - CoinDesk

Bitfarms announces 10% share buyback

9 days ago - Seeking Alpha

Bitfarms Announces Corporate Share Buyback 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...

9 days ago - GlobeNewsWire

BITF INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Bitfarms Ltd. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed ...

23 days ago - GlobeNewsWire

Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of July 8, 2025 in Bitfarms Ltd. Lawsuit – BITF

NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Bitfarms Ltd. ("Bitfarms Ltd." or the "Company") (NASDAQ: BITF) of a class action securities lawsuit.

23 days ago - GlobeNewsWire

BITF Deadline: BITF Investors with Losses in Excess of $100K Have Opportunity to Lead Bitfarms Ltd. Securities Fraud Lawsuit

NEW YORK , July 8, 2025 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Bitfarms Ltd. (NASDAQ: BITF) between March 21, 2023 and December 9, 2024,...

23 days ago - PRNewsWire

BITF Deadline Today: Rosen Law Firm Urges Bitfarms Ltd. (NASDAQ: BITF) Stockholders with Losses in Excess of $100K to Contact the Firm for Information About Their Rights

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers of Bitfarms Ltd. (NASDAQ: BITF) securities betwe...

23 days ago - Business Wire

Shareholders of Bitfarms Ltd. Should Contact Levi & Korsinsky Before July 8, 2025 to Discuss Your Rights - BITF

NEW YORK , July 8, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Bitfarms Ltd. ("Bitfarms Ltd.

23 days ago - PRNewsWire

Bitfarms Ltd. Investors: Please contact the Portnoy Law Firm to recover your losses.

Investors can contact the law firm at no cost to learn more about recovering their losses

24 days ago - GlobeNewsWire

The Gross Law Firm Reminds Bitfarms Ltd. Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 8, 2025 – BITF

NEW YORK, July 07, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Bitfarms Ltd. (NASDAQ: BITF).

24 days ago - GlobeNewsWire

Pomerantz Law Firm Announces the Filing of a Class Action Against Bitfarms Ltd. and Certain Officers - BITF

NEW YORK , July 7, 2025 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ: BITF) and certain officers.

24 days ago - PRNewsWire

BITF Shareholders Have the Right to Lead the Bitfarms Ltd. Securities Lawsuit - Contact the DJS Law Group to Discuss Your Rights - BITF

LOS ANGELES , July 7, 2025 /PRNewswire/ --  The DJS Law Group reminds investors of a class action lawsuit against Bitfarms Ltd. ("Bitfarms" or "the Company") (NASDAQ: BITF) for violations of the feder...

24 days ago - PRNewsWire

BITF Investors Have Opportunity to Lead Bitfarms Ltd. Securities Fraud Lawsuit with the Schall Law Firm

LOS ANGELES , July 7, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Bitfarms Ltd. ("Bitfarms" or "the Com...

24 days ago - PRNewsWire

Bitfarms Ltd. Sued for Securities Law Violations - Investors Should Contact The Gross Law Firm for More Information - BITF

NEW YORK , July 7, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Bitfarms Ltd. (NASDAQ: BITF).

24 days ago - PRNewsWire

BITF DEADLINE: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Bitfarms Ltd. Investors with Losses in Excess of $100K to Secure Counsel Before Important July 8 Deadline in Securities Class Action – BITF

NEW YORK, July 06, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Bitfarms Ltd. (NASDAQ: BITF) between March 21, 2023 and December...

25 days ago - GlobeNewsWire

Bitfarms Ltd. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before July 8, 2025 to Discuss Your Rights – BITF

NEW YORK, July 03, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Bitfarms Ltd. ("Bitfarms Ltd." or the "Company") (NASDAQ: BITF) of a class action securities lawsuit.

4 weeks ago - GlobeNewsWire

BITF INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Bitfarms Ltd. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

NEW YORK, July 03, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed ...

4 weeks ago - GlobeNewsWire

BITF Deadline: BITF Investors with Losses in Excess of $100K Have Opportunity to Lead Bitfarms Ltd. Securities Fraud Lawsuit

NEW YORK , July 3, 2025 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Bitfarms Ltd. (NASDAQ: BITF) between March 21, 2023 and December 9, 2024,...

4 weeks ago - PRNewsWire