Bitfarms Ltd. (TSX:BITF)

Canada flag Canada · Delayed Price · Currency is CAD
1.760
+0.050 (2.92%)
Aug 22, 2025, 4:00 PM EDT
2.92%
Market Cap972.58M
Revenue (ttm)335.05M
Net Income (ttm)-117.57M
Shares Out552.60M
EPS (ttm)-0.24
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume2,998,991
Average Volume3,339,371
Open1.710
Previous Close1.710
Day's Range1.680 - 1.820
52-Week Range0.960 - 3.850
Beta4.17
RSI55.91
Earnings DateAug 8, 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]

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 Shares Slide As Bitcoin Pullback Sparks Crypto Sell-Off

Bitfarms Inc . (NASDAQ: BITF) shares are trading lower on Tuesday as weakness in the cryptocurrency market drove down valuations of crypto-linked stocks. What To Know: The decline was tied directly t...

3 days ago - Benzinga

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 Bo...

4 days ago - GlobeNewsWire

Crypto exchange Bullish surges in public debut: CNBC Crypto World

On today's episode of CNBC Crypto World, ether inches closer to its 2021 all-time high while bitcoin reclaims the $120,000 level. Plus, crypto exchange Bullish soars after its public debut on the New ...

9 days ago - CNBC

Earnings Scheduled For August 12, 2025

Companies Reporting Before The Bell • Smithfield Foods (NASDAQ: SFD) is expected to report quarterly earnings at $0.55 per share on revenue of $3.62 billion. • Venture Global (NYSE: VG) is estimated...

10 days ago - Benzinga

What's Next: Bitfarms's Earnings Preview

Bitfarms (NASDAQ: BITF) is set to give its latest quarterly earnings report on Tuesday, 2025-08-12. Here's what investors need to know before the announcement. Analysts estimate that Bitfarms will re...

11 days ago - Benzinga

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

20 days ago - GlobeNewsWire

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

25 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...

25 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.

4 weeks 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.

4 weeks ago - CoinDesk

Bitfarms announces 10% share buyback

4 weeks 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...

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 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 ...

6 weeks 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.

6 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 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,...

6 weeks 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...

6 weeks ago - Business Wire