Bitfarms Ltd. (BITF)

NASDAQ: BITF · Real-Time Price · USD
4.165
+0.225 (5.71%)
At close: Oct 23, 2025, 4:00 PM EDT
4.590
+0.425 (10.20%)
After-hours: Oct 23, 2025, 7:59 PM EDT
5.71%
Market Cap2.30B
Revenue (ttm)245.66M
Net Income (ttm)-86.20M
Shares Out 552.60M
EPS (ttm)-0.17
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume86,378,626
Open4.010
Previous Close3.940
Day's Range3.940 - 4.240
52-Week Range0.673 - 6.600
Beta4.44
AnalystsStrong Buy
Price Target3.83 (-8.04%)
Earnings DateNov 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]

Sector Financials
Founded 2017
Employees 170
Stock Exchange NASDAQ
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 Statements

Analyst 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.

Price Target
$3.83
(-8.04% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

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.

1 day ago - Benzinga

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.

Other symbols: HUT
3 days ago - Benzinga

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...

3 days ago - Forbes

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.

Other symbols: SLIWULF
6 days ago - Benzinga

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...

7 days ago - GlobeNewsWire

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.

Other symbols: HPESATL
7 days ago - Benzinga

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.

8 days ago - Benzinga

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...

8 days ago - GlobeNewsWire

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

9 days ago - GlobeNewsWire

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-

13 days ago - GlobeNewsWire

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...

20 days ago - Seeking Alpha

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...

5 weeks ago - Forbes

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...

5 weeks ago - Invezz

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...

2 months ago - GlobeNewsWire

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.

2 months ago - Seeking Alpha

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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...

3 months ago - PRNewsWire

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...

4 months ago - GlobeNewsWire

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.

4 months ago - CNBC Television

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).

5 months ago - PRNewsWire

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...

5 months ago - GlobeNewsWire

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...

5 months ago - Seeking Alpha

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 -...

5 months ago - Seeking Alpha

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...

6 months ago - GlobeNewsWire