Bitfarms Ltd. (TSX: BITF)

Canada flag Canada · Delayed Price · Currency is CAD
2.680
-0.060 (-2.19%)
Apr 26, 2024, 4:00 PM EDT
70.70%
Market Cap 808.97M
Revenue (ttm) 201.05M
Net Income (ttm) -141.53M
Shares Out 356.29M
EPS (ttm) -0.50
PE Ratio n/a
Forward PE 60.98
Dividend n/a
Ex-Dividend Date n/a
Volume 1,171,222
Open 2.730
Previous Close 2.740
Day's Range 2.650 - 2.770
52-Week Range 1.260 - 5.250
Beta 3.29
Analysts n/a
Price Target 5.58 (+108.21%)
Earnings Date Mar 19, 2024

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 founded in 2017 and is based in Toronto, Canada. [Read more]

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

Financial Performance

Financial numbers in USD Financial Statements

News

Bitfarms Schedules First Quarter 2024 Conference Call on May 13, 2024

TORONTO and BROSSARD, Québec, April 26, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global vertically integrated Bitcoin mining company, will report its first quarter 2024 financial r...

1 day ago - GlobeNewsWire

Bitfarms to Participate in Upcoming Conferences

TORONTO, Ontario and BROSSARD, Québec , April 17, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ: BITF/TSX: BITF), a global vertically integrated company, today announced that various members of manag...

10 days ago - GlobeNewsWire

Bitfarms Reaches 7 EH/s with Completion of Fleet Upgrade at Garlock and Farnham Facilities

This news release constitutes a “designated news release” for the purposes of the Company's prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023. ...

15 days ago - GlobeNewsWire

Bitfarms announces $240M mining upgrade to triple post halving hash rate

Bitfarms holds $66 million in cash and 806 BTC in its treasury giving it a total liquidity of $123 million.

25 days ago - Coin Telegraph

What's Going On With Bitfarms Stock Monday?

Bitfarms said it mined 286 bitcoin in March, down from 300 bitcoin ... Full story available on Benzinga.com

26 days ago - Benzinga

Bitfarms Announces March 2024 Production and Operations Update

- Company earns 286 BTC in March 2024 - - Upgrade and expansion plan, targeting 21 EH/s and 21w/TH in 2024, underway with T21 deliveries and installations - TORONTO, Ontario and BROSSARD, Québec, Apri...

26 days ago - GlobeNewsWire

A Closer Look at Bitfarms's Options Market Dynamics

Investors with a lot of money to spend have taken a bearish stance on Bitfarms (NASDAQ: BITF). And retail traders should know. We noticed this today when the trades showed up on publicly available op...

4 weeks ago - Benzinga

Bitfarms Announces CEO Transition

- Geoff Morphy remains CEO while an executive search is conducted - - Company reiterates 2024 YE guidance of 21 EH/s and 21 w/TH - This news release constitutes a “designated news release” for the pur...

4 weeks ago - GlobeNewsWire

Bitcoin miner Bitfarms purchases additional 51,908 ASICs amid bull market

The price of Bitcoin has reached an all-time high above $72,000.

6 weeks ago - Coin Telegraph

Bitfarms Purchases Additional Miners to Reach 21 EH/s in 2024

- Fully exercises 28,000 Bitmain T21 miner purchase option –- Purchases additional 19,280 Bitmain T21 miners –- Purchases 3,888 Bitmain S21 miners –- Purchases 740 Bitmain S21 Hydro miners –

6 weeks ago - GlobeNewsWire

Bitfarms Announces $375 Million At-the-Market Equity Offering Program

TORONTO, Ontario and BROSSARD, Québec, March 08, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF), a global Bitcoin vertically integrated company, announced that it has entered into an at-the...

7 weeks ago - GlobeNewsWire

Q4 2023 Bitfarms Ltd Earnings Call Transcript

Q4 2023 Bitfarms Ltd Earnings Call Transcript

7 weeks ago - GuruFocus

Bitfarms Reports Fourth Quarter and Full Year 2023 Results

- Earned 1,236 BTC in Q4 2023 and 4,928 BTC in 2023 -- Improved Q4 2023 gross mining margin to 52%, up from 38% in Q3 2023 -- Achieved debt-free goal in February 2024, enhancing financial flexibility ...

7 weeks ago - GlobeNewsWire

Earnings Scheduled For March 7, 2024

Companies Reporting Before The Bell • CI&T (NYSE: CINT) is estimated to report quarterly earnings at $0.06 per share on revenue of $106.08 million. • Stevanato Gr (NYSE: STVN) is likely to report qu...

7 weeks ago - Benzinga

Bitfarms Q4 2023 Earnings Preview

7 weeks ago - Seeking Alpha

Bitfarms's Earnings: A Preview

Bitfarms (NASDAQ: BITF) is set to give its latest quarterly earnings report on Thursday, 2024-03-07. Here's what investors need to know before the announcement. Analysts estimate that Bitfarms will r...

7 weeks ago - Benzinga