Bitfarms Ltd. (BITF)

NASDAQ: BITF · Real-Time Price · USD
0.8500
+0.0115 (1.37%)
At close: Jun 16, 2025, 4:00 PM
0.8599
+0.0099 (1.16%)
After-hours: Jun 16, 2025, 7:59 PM EDT
1.37%
Market Cap 471.49M
Revenue (ttm) 209.41M
Net Income (ttm) -83.96M
Shares Out 555.96M
EPS (ttm) -0.18
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 7,700,166
Open 0.8465
Previous Close 0.8385
Day's Range 0.8101 - 0.8668
52-Week Range 0.6730 - 3.2800
Beta 4.16
Analysts Strong Buy
Price Target 4.83 (+468.24%)
Earnings Date Aug 7, 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]

Industry Capital Markets
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 Forecast

According to 3 analysts, the average rating for BITF stock is "Strong Buy." The 12-month stock price forecast is $4.83, which is an increase of 468.24% from the latest price.

Price Target
$4.83
(468.24% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

BITF Shareholders Have the Right to Lead the Bitfarms Ltd. Securities Lawsuit - Contact the DJS Law Group to Discuss Your Rights - BITF

LOS ANGELES , June 16, 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...

20 hours ago - PRNewsWire

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 days 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).

18 days 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...

4 weeks 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...

4 weeks 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 -...

4 weeks 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...

5 weeks ago - GlobeNewsWire

Bitfarms Announces Participation in Upcoming Investor and Industry Conferences

TORONTO, May 06, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global energy and compute infrastructure company, today announced its participation in several upcoming investor and indus...

5 weeks ago - GlobeNewsWire

Bitfarms Ltd. Announcement: If You Have Suffered Losses in Bitfarms Ltd.

NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Bitfarms Ltd. (NASD...

6 weeks ago - GlobeNewsWire

Bitfarms Provides April 2025 Production and Operations Update

- New private debt facility with a division of Macquarie Group for up to $300 million to fund initial HPC project development at Panther Creek, validating the attractiveness of Bitfarms' potential HPC...

6 weeks ago - GlobeNewsWire

BITF Investors Have Opportunity to Join Bitfarms Ltd. Fraud Investigation with the Schall Law Firm

LOS ANGELES--(BUSINESS WIRE)--BITF Investors Have Opportunity to Join Bitfarms Ltd. Fraud Investigation with the Schall Law Firm.

2 months ago - Business Wire

Bitfarms Enters into Initial Agreement for Private Debt Facility with a division of Macquarie Group for up to $300 Million to Fund Initial HPC Project Development at Panther Creek

This news release constitutes a “designated news release” for the purposes of the Company's amended and restated prospectus supplement dated December 17, 2024, to its short form base shelf prospectus ...

2 months ago - GlobeNewsWire

Bronstein, Gewirtz & Grossman, LLC Encourages Bitfarms Ltd. (BITF) Shareholders to Inquire about Securities Investigation

NEW YORK CITY, NY / ACCESS Newswire / April 1, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASDA...

2 months ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Is Investigating Bitfarms Ltd. (BITF) And Encourages Shareholders to Connect

NEW YORK CITY, NY / ACCESS Newswire / March 31, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASD...

2 months ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Bitfarms Ltd. (BITF) And Encourages Shareholders to Reach Out

NEW YORK CITY, NY / ACCESS Newswire / March 30, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASD...

2 months ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Bitfarms Ltd. (BITF) and Encourages Shareholders to Learn More About the Investigation

NEW YORK CITY, NY / ACCESS Newswire / March 28, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASD...

2 months ago - Accesswire

Bitfarms: Not Just A Crypto Play Now

Bitfarms has shifted from Bitcoin mining to an "energy and compute company," aiming to leverage its electrical capacity for AI data centers. Despite $135M in liquidity, capital expenditures make cash ...

2 months ago - Seeking Alpha

Bitfarms: ATM Exhaustion And Debt On The Horizon

Bitfarms' stock has plummeted nearly 50% in five months, underperforming peers, with a 65% drop from November highs. Q4-24 results show a 21% YoY revenue increase, but a 2% gross margin and a $16.4 mi...

2 months ago - Seeking Alpha

Bitfarms Ltd. (BITF) Q4 2024 Earnings Call Transcript

Bitfarms Ltd. (NASDAQ:BITF) Q4 2024 Earnings Conference Call March 26, 2025 8:00 AM ET Company Participants Tracy Krumme - SVP of Investor Relations & Corporate Communications Ben Gagnon - Chief Exec...

2 months ago - Seeking Alpha

Bronstein, Gewirtz & Grossman, LLC Encourages Bitfarms Ltd. (BITF) Stockholders to Inquire about Securities Investigation

NEW YORK CITY, NY / ACCESS Newswire / March 27, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASD...

2 months ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Bitfarms Ltd. (BITF) and Encourages Investors to Learn More About the Investigation

NEW YORK CITY, NY / ACCESS Newswire / March 26, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASD...

2 months ago - Accesswire

Bitfarms Appoints James Bond as Senior Vice President of High-Performance Computing

Mr. Bond to establish and scale Bitfarms North American HPC/AI business Mr. Bond to establish and scale Bitfarms North American HPC/AI business

2 months ago - GlobeNewsWire

Bitfarms Ltd. (BITF) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation

NEW YORK CITY, NY / ACCESS Newswire / March 25, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASD...

2 months ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Is Investigating Bitfarms Ltd. (BITF) And Encourages Investors to Connect

NEW YORK CITY, NY / ACCESS Newswire / March 24, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASD...

3 months ago - Accesswire

Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Bitfarms Ltd. (BITF) And Encourages Stockholders to Reach Out

NEW YORK CITY, NY / ACCESS Newswire / March 21, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASD...

3 months ago - Accesswire