Company Bitfarms Ltd.

Equities

BITF

CA09173B1076

Blockchain & Cryptocurrency

Market Closed - Toronto S.E. 16:00:00 2024-07-19 EDT 5-day change 1st Jan Change
3.83 CAD +4.08% Intraday chart for Bitfarms Ltd. +11.34% -0.52%

Business Summary

Bitfarms Ltd. is a Canada-based global vertically integrated bitcoin mining company. The Company develops, owns, and operates vertically integrated mining farms with in-house management and Company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Company’s proprietary data analytics system delivers operational performance and uptime. The Company operates through the cryptocurrency mining segment. The Company operates server farms comprised of computers (Miners) designed for the purpose of validating transactions on the Bitcoin (BTC) Blockchain (Mining). The Company also operates Miners about 24 hours a day producing computational power (measured by hashrate) which it sells to Mining Pools under a formula-driven rate commonly known as Full Pay Per Share (FPPS). The Company has 11 farms, which are located in four countries: Canada, the United States, Paraguay, and Argentina.

Number of employees: 170

Sales per Business

CAD in Million2022Weight2023Weight Delta
Cryptocurrency Mining
100.0 %
185 100.0 % 198 100.0 % +6.54%

Sales per region

CAD in Million2022Weight2023Weight Delta
Canada
71.4 %
146 78.7 % 141 71.4 % -3.42%
Argentina
13.0 %
2 1.0 % 26 13.0 % +1,257.38%
United States
10.9 %
33 17.6 % 22 10.9 % -34.04%
Paraguay
4.7 %
5 2.6 % 9 4.7 % +90.09%

Managers

Managers TitleAgeSince
Chief Executive Officer - 19-11-30
Founder 49 18-10-10
Director of Finance/CFO 64 21-06-02
Chief Tech/Sci/R&D Officer - -
Chief Operating Officer - 21-07-13
Public Communications Contact - 22-02-13
Investor Relations Contact 56 01-07
Comptroller/Controller/Auditor - 22-05-23
Comptroller/Controller/Auditor - 22-05-15
Corporate Officer/Principal - 22-01-23

Members of the board

Members of the board TitleAgeSince
Director/Board Member 58 22-11-15
Director/Board Member - 20-04-16
Director/Board Member - 20-08-30
Founder 49 18-10-10

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 425,874,733 348,800,562 ( 81.90 %) 0 81.90 %

Shareholders

NameEquities%Valuation
64,182,373 16.10 % 165 M $
Invesco Advisers, Inc.
3.478 %
13,862,757 3.478 % 36 M $
Invesco Capital Management LLC
2.752 %
10,968,782 2.752 % 28 M $
Heights Capital Management, Inc.
2.323 %
9,259,260 2.323 % 24 M $
8,625,452 2.164 % 22 M $
Arrowstreet Capital LP
1.877 %
7,480,722 1.877 % 19 M $
Tidal Investments LLC
1.750 %
6,975,538 1.750 % 18 M $
6,698,443 1.681 % 17 M $
Millennium Management LLC
1.198 %
4,776,912 1.198 % 12 M $
4,177,834 1.048 % 11 M $

Company contact information

Bitfarms Ltd. (Canada)

18 King Street East Suite 902

M5C 1C4, Toronto

+(647) 259-1790

http://bitfarms.com
address Bitfarms Ltd.(BITF)