Bitfarms Ltd.

BITF

CA09173B1076

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 Companyâs 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.

Employees

170

Sector

Blockchain & Cryptocurrency

Calendar

2024-12-11 - Northland Growth Conference

More about the company

Income Statement and Estimates

income-statement-evolution-chart BITFARMS-LTD

More financial data

Ratings

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

2.012USD

Average target price

4.621USD

Spread / Average Target

+129.63%

Consensus

Profit revisions

Estimate revisions

Quarterly revenue - Rate of surprise

Company calendar

Market Closed - Toronto S.E. Other stock markets 16:00:00 2024-12-10 EST			5-day change	1st Jan Change
2.850 ^CAD	-5.94%		+1.42%	-25.97%

12-10	MT Newswires Stocks To Watch: Bitfarms Restates Previously Issued Financial Statements	MT
12-02	Bitfarms Down 4.5% on Drop in November Bitcoin Production	MT

MT Newswires Stocks To Watch: Bitfarms Restates Previously Issued Financial Statements	12-09	MT
Bitfarms Down 4.5% on Drop in November Bitcoin Production	12-02	MT
Bitfarms Down in U.S. Pre-Market After Drop in November Bitcoin Production	12-02	MT
Bitfarms Ltd. Reports Production Results for the Month and Year to Date Ended November 2024	12-02	CI
Bitfarms Ltd. Reports Sales Results for the Month Ended November 2024	12-02	CI
Bitfarms Brief: Says Achieved 12.8 EH/s and Earned 204 BTC in November 2024	12-02	MT
Bitfarms Brief: Providing November 2024 Production and Operations Update	12-02	MT
Bitfarms Brief: Board Increased to Six Members, Five Independents; Andrew J. Chang Appointed as Independent Director; Shareholder Rights Plan Approved	11-21	MT
Bitfarms Ltd. Approves the Election of Andrew J. Chang as Independent Director	11-20	CI
Bitfarms Ltd. - Shareholder/Analyst Call	11-20
B. Riley Adjusts Bitfarms Price Target to $4 From $3, Maintains Buy Rating	11-15	MT
Bitfarms Posts Wider Q3 Loss Despite Higher Revenues As Notes "Significant Shift" In Portfolio Towards the U.S.	11-13	MT
Bitfarms Ltd., Q3 2024 Earnings Call, Nov 13, 2024	11-13
Bitfarms Q3 Net Loss Widens, Revenue Rises	11-13	MT
Bitfarms Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024	11-13	CI
Bitfarms Brief: Q3 Revenue of US$45 million	11-13	MT
Bitfarms Ltd. Reports Operating Results for the Third Quarter Ended September 30, 2024	11-13	CI
Bitcoin surge triggers billions in losses for crypto short traders after Trump win	11-11	RE
Bitfarms Trades 1.8% Higher After Giving October Production and Operations Update	11-01	MT
Bitfarms Brief: Earned 236 BTC in October 2024 & Increased Bitcoin Treasury to 1,188 BTC	11-01	MT
Bitfarms Brief: Providing October 2024 Production and Operations Update	11-01	MT
Bitfarms Ltd. Reports Sales Results for the Month Ended October 2024	11-01	CI
Bitfarms Ltd. Reports Production Results for the Month and Year to Date Ended October 2024	11-01	CI
Bitfarms Drops 8.6% as It Signs a Second Miner Hosting Agreement with Stronghold Digital Mining	10-31	MT
Bitfarms Signs Second Miner Hosting Agreement with Stronghold Digital Mining	10-31	MT

Bitfarms Ltd.

Equities