Bitfarms Ltd. (TSX:BITF)
Canada
· Delayed Price · Currency is CAD | Market Cap | 883.67M |
| 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 | 2,029,892 |
| Average Volume | 2,512,577 |
| Open | 2.000 |
| Previous Close | 1.980 |
| Day's Range | 1.830 - 2.000 |
| 52-Week Range | 1.830 - 5.250 |
| Beta | 3.21 |
| RSI | 33.90 |
| 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
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Bitfarms total BTC earned falls 5% M/M in January
Bitfarms (BITF) reported a decline in total BTC earned in January compared to December.
What's Going On With Bitfarms Stock Today?
Bitfarms stock rises after announcing strategic plans ... Full story available on Benzinga.com
Canadian bitcoin miner Bitfarms mulls pivot to AI data centers
Toronto-based bitcoin miner Bitfarms has enlisted two consultants to explore how it can transform some of its facilities to meet the growing demand for artificial intelligence data centers, it said on...
Bitfarms to develop high-performance computing/AI business
Bitfarms Engages Strategic Partners to Develop HPC/AI Business
-Engages expert consultants ASG & World Wide Technology- TORONTO, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global Bitcoin and vertically integrated data center company, to...
Bitfarms sells Paraguay site to Hive for $85M, refocuses on US
Bitfarms will sell its largest Paraguay mining farm to Hive Digital for $85 million as it focuses on its US expansion in Bitcoin and AI infrastructure.
Bitfarms to sell Paraguay bitcoin mining site to HIVE for ~$85M
Bitfarms (BITF) has announced a binding Letter of Intent to sell its 200 MW site in Yguazu, Paraguay, to HIVE Digital Technologies (HIVE) for approximately $85 million.
Bitfarms Enters into a Binding LOI with HIVE Digital Technologies for the Sale of its Yguazu, Paraguay Site
-Bitfarms to reinvest capital in US growth opportunities- -Accretive transaction values the completed site at ~$85 million and significantly reduces anticipated 2025 capital requirements- -Rebalances ...
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
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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...