Bitfarms Ltd. (BITF)

NASDAQ: BITF · Real-Time Price · USD
2.170
-0.220 (-9.21%)
At close: Mar 20, 2026, 4:00 PM EDT
2.220
+0.050 (2.30%)
After-hours: Mar 20, 2026, 7:58 PM EDT
Market Cap1.34B +151.8%
Revenue (ttm)276.41M +95.0%
Net Income-128.20M
EPS-0.25
Shares Out 597.92M
PE Ration/a
Forward PE24.83
Dividendn/a
Ex-Dividend Daten/a
Volume46,036,982
Open2.350
Previous Close2.390
Day's Range2.150 - 2.410
52-Week Range0.673 - 6.600
Beta4.09
AnalystsBuy
Price Target4.00 (+84.33%)
Earnings DateMar 31, 2026

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 "Buy." The 12-month stock price target is $4.0, which is an increase of 84.33% from the latest price.

Price Target
$4.0
(84.33% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Bitfarms Shareholders Approve U.S. Redomiciliation Plan

On Track to Complete U.S. Redomiciliation and Rebrand to Keel Infrastructure on or About April 1, 2026 On Track to Complete U.S. Redomiciliation and Rebrand to Keel Infrastructure on or About April 1,...

20 hours ago - GlobeNewsWire

Bitfarms Ltd. (BITF:CA) Shareholder/Analyst Call Prepared Remarks Transcript

Bitfarms Ltd. (BITF:CA) Shareholder/Analyst Call Prepared Remarks Transcript

1 day ago - Seeking Alpha

Is It Worth Investing in Bitfarms (BITF) Based on Wall Street's Bullish Views?

The average brokerage recommendation (ABR) for Bitfarms (BITF) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after ...

3 days ago - Nasdaq

Bitfarms Schedules Fourth Quarter 2025 Conference Call on March 31, 2026

TORONTO, Ontario and NEW YORK, March 17, 2026 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF) (“Bitfarms” or the “Company”), a North American digital infrastructure and energy company, will repor...

4 days ago - GlobeNewsWire

Bitfarms Expands Leadership Team with Seasoned U.S. Industry Experts to Support HPC/AI Infrastructure Development

TORONTO and NEW YORK, March 09, 2026 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a North American digital infrastructure and energy company, today announced a series of strategic hires acros...

12 days ago - GlobeNewsWire

Could This $2 Stock Be Your Ticket to Millionaire Status?

Once purely a Bitcoin miner, Bitfarms is now leasing out data center capacity. The company's 2.1-gigawatt energy portfolio could drive significant revenue growth.

14 days ago - The Motley Fool

Independent Proxy Advisory Firms, Including ISS, Recommend Bitfarms Shareholders Vote FOR U.S. Redomiciliation

Recommendation Highlights Compelling Strategic Rationale for U.S. Redomiciliation Board of Directors Encourages Shareholders to Vote FOR the Arrangement Resolution Today TORONTO, Ontario and NEW YORK,...

16 days ago - GlobeNewsWire

Bitfarms Announces Filing and Mailing of Materials for Special Meeting of Shareholders to Approve U.S. Redomiciliation Plan

U.S. Redomiciliation is an Important Step in Bitfarms' Strategic Pivot and Rebrand as Keel Infrastructure Board of Directors Unanimously Recommends Shareholders Vote FOR the Arrangement Resolution

24 days ago - GlobeNewsWire

Bitfarms's Options Frenzy: What You Need to Know

Financial giants have made a conspicuous bearish move on Bitfarms. Our analysis of options history for Bitfarms (NASDAQ: BITF) revealed 9 unusual trades. Delving into the details, we found 22% of tra...

6 weeks ago - Benzinga

Bitfarms (BITF) to Rebrand and Move Headquarters to U.S.

Bitfarms (BITF) to Rebrand and Move Headquarters to U.S.

6 weeks ago - GuruFocus

How Is The Market Feeling About Bitfarms Ltd?

Bitfarms Ltd's (NYSE: BITF) short interest as a percent of float has fallen 4.3% since its last report. According to exchange reported data, there are now 77.28 million shares sold short , which is 1...

6 weeks ago - Benzinga

Bitfarms shares surge after it ditches its 'bitcoin company' identity and doubles down on AI with U.S. move

The company said it will focus on building data centers for high-performance computing and artificial-intelligence workloads.

6 weeks ago - CoinDesk

Bitfarms (BITF) Set to Fully Repay $300M Debt Amid Strong Liquidity

Bitfarms (BITF) Set to Fully Repay $300M Debt Amid Strong Liquidity

6 weeks ago - GuruFocus

Bitfarms (BITF) Plans to Move Headquarters to the U.S.

Bitfarms (BITF) Plans to Move Headquarters to the U.S.

6 weeks ago - GuruFocus

Bitfarms Announces U.S. Redomiciliation Plan and Intent to Rebrand as Keel Infrastructure

Special Meeting of Shareholders to Approve Plan to be Held on March 20, 2026 Special Meeting of Shareholders to Approve Plan to be Held on March 20, 2026

6 weeks ago - GlobeNewsWire

Bitfarms (BITF): U.S. Regulators Move Forward on Crypto Oversight

Bitfarms (BITF): U.S. Regulators Move Forward on Crypto Oversight

7 weeks ago - GuruFocus

Bitfarms (BITF) Downgraded by Keefe Bruyette Amid Leasing Concerns

Bitfarms (BITF) Downgraded by Keefe Bruyette Amid Leasing Concerns

7 weeks ago - GuruFocus

CLIFTONLARSONALLEN WEALTH ADVISORS, LLC Buys 250,200 Shares of Bitfarms Ltd (BITF)

CLIFTONLARSONALLEN WEALTH ADVISORS, LLC Buys 250,200 Shares of Bitfarms Ltd (BITF)

2 months ago - GuruFocus

Bitfarms (BITF) Impacted by Congressional Debate on Crypto Legislation

Bitfarms (BITF) Impacted by Congressional Debate on Crypto Legislation

2 months ago - GuruFocus

Bitfarms Announces Board Chair Transition in Anticipation of U.S. Redomiciliation

-Edie Hofmeister to Succeed Brian Howlett as Chair; Howlett to Remain on Board- -Edie Hofmeister to Succeed Brian Howlett as Chair; Howlett to Remain on Board-

2 months ago - GlobeNewsWire

How Do Investors Really Feel About Bitfarms Ltd?

Bitfarms Ltd's (NYSE: BITF) short interest as a percent of float has fallen 4.3% since its last report. According to exchange reported data, there are now 77.28 million shares sold short , which is 1...

2 months ago - Benzinga

1 Stock I'd Buy Before NNE

Nano Nuclear Energy is a high-risk, high-reward AI stock, but you can still get plenty of gains and lower risk with Bitfarms. Bitfarms isn't a guarantee either, but its AI infrastructure business mode...

2 months ago - The Motley Fool

Ignore the Noise: 3 AI Stocks Set to Surge 200% by the End of the Decade

Tech giants remain committed to spending heavily on their AI infrastructure buildouts in 2026. AI chipmakers have led the stock market's rally for several years, but the next wave of growth is likely ...

2 months ago - The Motley Fool

Bitfarms to Present at Needham Growth Conference in NYC

TORONTO, Ontario and NEW YORK, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a North American energy and digital infrastructure company, will participate in Needham's 28th Annual...

2 months ago - GlobeNewsWire

TSX Flat In Lackluster Trading; Bitfarms, Denison Mines Up With Hefty Gains

(RTTNews) - Canadian stocks turned in a mixed performance Friday morning in cautious trading with many traders still away on the sidelines after recent holidays. Due to a lack of major economic data o...

2 months ago - Nasdaq