Bitfarms Ltd. (TSX:BITF)

Canada flag Canada · Delayed Price · Currency is CAD
1.530
-0.070 (-4.38%)
Mar 25, 2025, 3:59 PM EST
-51.43%
Market Cap 723.00M
Revenue (ttm) 247.17M
Net Income (ttm) -177.34M
Shares Out 472.55M
EPS (ttm) -0.48
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 1,761,726
Average Volume 2,200,594
Open 1.590
Previous Close 1.600
Day's Range 1.480 - 1.590
52-Week Range 1.410 - 4.490
Beta 3.26
RSI 41.67
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]

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

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 Statements

News

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

NEW YORK , March 25, 2025 /PRNewswire/ --  Why: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Bitfarms (NASDAQ: B...

8 hours ago - PRNewsWire

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

NEW YORK , March 25, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ: BITF).

14 hours ago - PRNewsWire

Bitfarms Ltd. (BITF) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation

NEW YORK CITY, NY / ACCESS Newswire / March 25, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASD...

16 hours ago - Accesswire

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

NEW YORK, March 24, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Bitfarms Ltd...

1 day ago - GlobeNewsWire

Bronstein, Gewirtz & Grossman, LLC Is Investigating Bitfarms Ltd. (BITF) And Encourages Investors to Connect

NEW YORK CITY, NY / ACCESS Newswire / March 24, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASD...

1 day ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Encourages Bitfarms Ltd. (BITF) Stockholders to Inquire about Securities Investigation

NEW YORK CITY, NY / ACCESS Newswire / March 23, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASD...

2 days ago - Accesswire

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

NEW YORK CITY, NY / ACCESS Newswire / March 22, 2025 / Why: New York, N.Y., March 22, 2025.

3 days ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Bitfarms Ltd. (BITF) And Encourages Stockholders to Reach Out

NEW YORK CITY, NY / ACCESS Newswire / March 21, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASD...

4 days ago - Accesswire

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

NEW YORK, March 20, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Bitfarms Ltd...

5 days ago - GlobeNewsWire

Bitfarms Investors: Company Investigated by the Portnoy Law Firm

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

5 days ago - GlobeNewsWire

HIVE Digital Technologies Hopes To Quadruple Hashrate With Strategic Paraguay Deal, Receives Wall Street Endorsement

Since its launch in 2009, Bitcoin has sparked significant interest in blockchain technology and decentralized finance. At the same time, data center computing demand is surging .​​ Companies poured hu...

5 days ago - Benzinga

Bronstein, Gewirtz & Grossman, LLC Is Investigating Bitfarms Ltd. (BITF) And Encourages Stockholders to Connect

NEW YORK CITY, NY / ACCESS Newswire / March 20, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASD...

5 days ago - Accesswire

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

NEW YORK , March 19, 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...

6 days ago - PRNewsWire

Bitfarms Schedules Fourth Quarter and Full Year 2024 Conference Call on March 27, 2025

TORONTO, Ontario, March 19, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global Bitcoin and vertically integrated data center company, will report its fourth quarter and full year 2024...

6 days ago - GlobeNewsWire

Investors Who Lost Money on Bitfarms Ltd. Should Contact Levi & Korsinsky About an Ongoing Investigation - BITF

NEW YORK, NY / ACCESS Newswire / March 19, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Bitfarms Ltd. ("Bitfarms Ltd.

6 days ago - Accesswire

Bitfarms Ltd. (BITF) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Stockholders to Contact the Firm to Learn More About the Investigation

NEW YORK CITY, NY / ACCESS Newswire / March 19, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASD...

6 days ago - Accesswire

Did Bitfarms Ltd. Mislead Investors?

NEW YORK, NY / ACCESS Newswire / March 18, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Bitfarms Ltd. ("Bitfarms Ltd.

7 days ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Bitfarms Ltd. (BITF) and Encourages Stockholders to Learn More About the Investigation

NEW YORK CITY, NY / ACCESS Newswire / March 18, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASD...

7 days ago - Accesswire

Bitfarms Completes Strategic Sale of its Yguazu, Paraguay Data Center

-Accretive transaction valued at approximately U.S. $85 million- -Bitfarms to reinvest capital in U.S. growth opportunities- This news release constitutes a “designated news release” for the purposes ...

7 days ago - GlobeNewsWire

Bronstein, Gewirtz & Grossman, LLC Encourages Bitfarms Ltd. (BITF) Investors to Inquire about Securities Investigation

NEW YORK CITY, NY / ACCESS Newswire / March 17, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASD...

8 days ago - Accesswire

Bitfarms completes acquisition of Stronghold Digital Mining

Ben Gagnon, CEO of Bitfarms, discusses the acquisition of Stronghold Digital Mining and addresses whether the company is prioritizing AI over bitcoin mining.

8 days ago - CNBC Television

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

NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Bitfarms (NASDAQ: BITF) result...

8 days ago - Business Wire

Bitfarms completes acquisition of Stronghold Digital Mining

Ben Gagnon, CEO of Bitfarms, discusses the acquisition of Stronghold Digital Mining and addresses whether the company is prioritizing AI over bitcoin mining.

8 days ago - CNBC

OKX pauses DEX aggregator amid alleged efforts by Lazarus to misuse DeFi services: CNBC Crypto World

On today's show, major cryptocurrencies climb to begin the week. Plus, a White House memo reveals David Sacks, President Trump's AI and crypto czar, sold more than $200 million in digital asset-relate...

8 days ago - CNBC

Bitcoin Miners Hit Rock Bottom? Valuations Slip Below Key Average For First Time In A Year

Bitcoin BTC/USD mining stocks just hit a rough patch. According to JPMorgan analyst Reginald L.

8 days ago - Benzinga