Bitfarms Ltd. (BITF)
| Market Cap | 2.09B |
| Revenue (ttm) | 276.41M |
| Net Income (ttm) | -128.20M |
| Shares Out | 597.92M |
| EPS (ttm) | -0.25 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 86,605,100 |
| Open | 3.375 |
| Previous Close | 3.100 |
| Day's Range | 3.240 - 3.567 |
| 52-Week Range | 0.673 - 6.600 |
| Beta | 4.81 |
| Analysts | Strong Buy |
| Price Target | 4.25 (+22.13%) |
| Earnings Date | Nov 13, 2025 |
About BITF
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]
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 StatementsAnalyst Summary
According to 4 analysts, the average rating for BITF stock is "Strong Buy." The 12-month stock price target is $4.25, which is an increase of 22.13% from the latest price.
News
Why Bitfarms (BITF) Stock Is Rocketing 10% Higher Today
After reporting dismal results two weeks ago, all hope seemed to be lost for investors in this top Bitcoin mining company. However, an impressive shift in both top and bottom line earnings potential i...
Bitfarms: A Bitcoin Miner Morphing Into A High-Demand AI Compute Provider
Bitfarms (BITF) announces a strategic shift, fully pivoting to the AI HPC sector and winding down Bitcoin mining by FY2027. BITF aims to capitalize on growing demand for high-performance computing, mo...
Stablecoin surge signals growing volatility fear in crypto market
CNBC's MacKenzie Sigalos reports the share of stablecoins in crypto's total market cap has climbed to a two-year high, as investors seek shelter from volatility despite bitcoin's rebound and renewed E...
Why Bitfarms Stock Absolutely Tanked This Week, Sinking Nearly 30%
Overall sentiment among cryptocurrencies and companies tracking this sector has disintegrated. Some of this is being driven by outside forces, with other investors concerned about crypto-specific risk...
Why Bitfarms Plunged More than 12% Following Earnings
Bitfarms reported Q3 numbers, which showed improvements in revenue, but the company's loss per share stayed the same. Both Bitfarms' revenue and earnings missed analyst expectations, leading many to e...
Bitfarms Ltd. (BITF:CA) Q3 2025 Earnings Call Transcript
Bitfarms Ltd. ( BITF:CA) Q3 2025 Earnings Call November 13, 2025 8:00 AM EST Company Participants Jennifer Drew-Bear Ben Gagnon - CEO & Director Jonathan Mir - Chief Financial Officer Conference Call...
Bitfarms Announces Plans for Conversion of Washington Site to HPC/AI Workloads
- Modular infrastructure to enable faster construction targeting December 2026 completion -- Site designed to support Nvidia GB300s with advanced liquid cooling -- Full supply chain of IT infrastructu...
Bitfarms: Before The Re-Rating Hits
Bitfarms generates approximately $8 million in monthly free cash flow from 17.7 EH/s Bitcoin mining operations. The company is developing a 350 MW HPC campus at Panther Creek, with 50 MW online by lat...
Thames Capital Loads Up on Bitfarms With 7 Million Shares
Purchased 7,033,331 shares of Bitfarms Ltd; estimated transaction value of $19.83 million, based on Q3 2025 averages. Post-trade stake: 7,033,331 shares, valued at $19.83 million (rounded from $19,833...
Bitfarms Schedules Third Quarter 2025 Conference Call on November 13, 2025
TORONTO and NEW YORK, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF) (“Bitfarms” or the “Company”), a North American energy and digital infrastructure company, will report its thir...
Stock Of The Day: Is There A Revision To The Mean In Bitfarms?
Shares of Bitfarms Ltd. (NASDAQ:BITF) are trading lower on Wednesday.
Bitfarms Massive AI Fundraise Puts It on the IREN, Hut 8 Path
Bitfarms Ltd. (NASDAQ:BITF) is moving beyond Bitcoin (CRYPTO: BTC) mining into the fast-growing sector of high-performance computing (HPC) and AI datacenters.
Bitfarm Stock Up 211%. Learn Why And Whether To Buy $BITF
Bitfarms' 211% stock surge is driven by its strategic pivot from bitcoin mining to AI data centers, prompted by bitcoin halving's impact and AI's higher profitability. Investors now value these compan...
Bitfarms, Standard Lithium, Terawulf And Other Big Stocks Moving Lower In Friday's Pre-Market Session
U.S. stock futures were lower this morning, with the Dow futures falling more than 200 points on Friday.
Bitfarms Announces Pricing of Upsized US$500 Million of Convertible Senior Notes
TORONTO, Ontario and NEW YORK, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a North American energy and digital infrastructure company (“Bitfarms” or the “Company”), today annou...
Why Bitfarms Stock Got Thrashed Today
Like the cryptocurrency world it's part of, Bitfarms (BITF -18.39%) stock can be rather volatile. Recent trading sessions have highlighted this up-and-down nature, and unfortunately for the Bitcoin mi...
Satellogic, Hewlett Packard Enterprise, Bitfarms And Other Big Stocks Moving Lower In Thursday's Pre-Market Session
U.S. stock futures were higher this morning, with the Dow futures gaining more than 100 points on Thursday.
Bitfarms Stock Is Tumbling After Hours: Why Investors Are Selling Shares
Bitfarms Ltd (NASDAQ:BITF) shares are falling in Wednesday's after-hours session after the company announced a convertible senior notes offering.
Bitfarms Announces Proposed Offering of US$300 Million of Convertible Senior Notes
TORONTO, Ontario and NEW YORK, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a North American energy and digital infrastructure company (“Bitfarms” or the “Company”), today annou...
Bitfarms Announces the Retirement of Jeff Lucas, Chief Financial Officer, and the Appointment of Jonathan Mir as Successor
Jonathan Mir brings 25+ years' capital markets experience in energy infrastructure Jonathan Mir brings 25+ years' capital markets experience in energy infrastructure
Bitfarms Converts Macquarie Debt Facility to $300M Project Financing and Draws Additional $50M to Accelerate HPC/AI Development at Panther Creek Campus
-$300 million facility to fund Phase 1 of Panther Creek data center development with energization expected by YE 2026--On track to break ground on Panther Creek data center in Q4 2025-
Bitfarms: A Speculative AI Infrastructure Play For Risk-Seeking Investors
Initiate coverage on Bitfarms with a Buy rating as a speculative bet for investors looking for AI infrastructure exposure. BITF, as it stands today, designs, builds, and operates large-scale BTC minin...
Bitfarms: What's Happening With BITF Stock?
Bitfarms (BITF) stock has reached the sixth day of a consecutive winning streak, with total gains during this timeframe yielding a return of 126%. The company's valuation has increased meaningfully in...
Bitfarms stock price is soaring: is it too late to buy
Bitfarms stock price has gone parabolic in the past few days, soaring to a high of $2.90, its highest level since July last year and 350% above its lowest level this year. This surge has brought its m...
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...