Bitfarms Ltd. (BITF)
| Market Cap | 2.30B |
| Revenue (ttm) | 245.66M |
| Net Income (ttm) | -86.20M |
| Shares Out | 552.60M |
| EPS (ttm) | -0.17 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 86,378,626 |
| Open | 4.010 |
| Previous Close | 3.940 |
| Day's Range | 3.940 - 4.240 |
| 52-Week Range | 0.673 - 6.600 |
| Beta | 4.44 |
| Analysts | Strong Buy |
| Price Target | 3.83 (-8.04%) |
| Earnings Date | Nov 12, 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 3 analysts, the average rating for BITF stock is "Strong Buy." The 12-month stock price target is $3.83, which is a decrease of -8.04% from the latest price.
News
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...
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...
Bitfarms Ltd. (BITF) Q2 2025 Earnings Call Transcript
Bitfarms Ltd. (NASDAQ:BITF) Q2 2025 Earnings Conference Call August 12, 2025 8:00 AM ET Company Participants Benjamin J.
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...
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...
BITF Shareholders Have the Right to Lead the Bitfarms Ltd. Securities Lawsuit - Contact the DJS Law Group to Discuss Your Rights - BITF
LOS ANGELES , July 7, 2025 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Bitfarms Ltd. ("Bitfarms" or "the Company") (NASDAQ: BITF) for violations of the feder...
Bitfarms Announces Results of Annual General and Special Meeting of Shareholders
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 CEO: Priority for bitcoin miner 'entirely in HPC and the AI opportunity'
Bitfarms CEO Ben Gagnon explains the bitcoin miner's priority shift to HPC and AI from Bitcoin 2025.
The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of July 8, 2025 in Bitfarms Ltd. Lawsuit - BITF
NEW YORK , May 29, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Bitfarms Ltd. (NASDAQ: BITF).
Shareholders who lost money investing in Bitfarms Ltd. (BITF) Should Contact Wolf Haldenstein
NEW YORK, May 19, 2025 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP, a distinguished law firm with over 125 years of history, informs investors that a class action lawsuit has been fi...
Bitfarms: Q1 Was A Strategic Reset Toward HPC And AI (Rating Downgrade)
Bitfarms' Q1 results show strong revenue growth but significant margin compression and deepening losses, highlighting cost pressures post-Bitcoin halving. The $300M Macquarie loan supports a strategic...
Bitfarms Ltd. (BITF) Q1 2025 Earnings Call Transcript
Bitfarms Ltd. (NASDAQ:BITF) Q1 2025 Earnings Conference Call May 14, 2025 8:00 AM ET Company Participants Tracy Krumme - SVP, IR & Corporate Communications Ben Gagnon - CEO & Director Jeffrey Lucas -...
Bitfarms Schedules First Quarter 2025 Conference Call on May 14, 2025
TORONTO, May 07, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global energy and compute infrastructure company, will report its first quarter 2025 financial results on Wednesday, May 1...