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

2024-10-20 - AIM Summit

More about the company

Income Statement and Estimates

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

1.972USD

Average target price

5.187USD

Spread / Average Target

+163.09%

Consensus

Profit revisions

Estimate revisions

Quarterly earnings, Rate of surprise

Company calendar

Market Closed - Toronto S.E. Other stock markets 16:00:00 2024-09-18 EDT			5-day change	1st Jan Change
2.680 ^CAD	-3.25%		-1.11%	-30.39%

09-13	Bitfarms Signs Miner Hosting Agreement with Stronghold Digital Mining	MT
09-13	Bitfarms Signs Deal With Stronghold Digital Mining's Unit to Deploy Bitmain T21 Miners in Pennsylvania	MT

Bitfarms Signs Miner Hosting Agreement with Stronghold Digital Mining	09-13	MT
Bitfarms Signs Deal With Stronghold Digital Mining's Unit to Deploy Bitmain T21 Miners in Pennsylvania	09-13	MT
Bitfarms Ltd. Enters into 10,000 Miner Hosting Agreement with Stold Digital Mining	09-13	CI
US crypto stocks fall on rising bets of Harris win after presidential debate	09-11	RE
Bitfarms Splits Mining Operations, Appoints New Heads	09-10	MT
Bitfarms Up 0.5% in U.S. Premarket As Makes Changes to Operations Team, Separates Mining Operations	09-10	MT
Bitfarms Ltd. Announces Executive Changes	09-10	CI
Bitfarms Brief: Separating Mining Operations into two divisions, Infrastructure and Mining Operations	09-10	MT
Bitfarms Brief: Promoting Benoit Gobeil to Chief Infrastructure Officer	09-10	MT
Bitfarms Brief: Says "Enhances" Operations Teams; Appoints Alex Brammer to Senior Vice President of Global Mining Operations	09-10	MT
Bitfarms Postpones Special Shareholders Meeting to Nov. 6	09-09	MT
Bitfarms Reschedules Special Meeting of Shareholders	09-09	CI
Bitfarms Brief: Adds Meeting Also Rescheduled To Provide Shareholders with "Sufficient" time to evaluate Information relevant to this voting decision regarding the future of their investment in Bitfarms	09-09	MT
Bitfarms Brief: Says Special Meeting Rescheduled to provide the Bitfarms Special Committee "Adequate" time to review and respond to Riot's Amended Requisition	09-09	MT
Bitfarms Brief: Adds Special Meeting has been called in response to a requisition made by Riot Platforms, Inc. on June 24, 2024 and amended on September 3, 2024	09-09	MT
Bitfarms Brief: Says Has rescheduled the Special Meeting of shareholders from October 29, 2024 to November 6, 2024	09-09	MT
Bitfarms Rebuffs Activist Investor Riot Platforms' Mismanagement Claims	09-04	MT
Bitfarms Issuing Statement to "Address Misleading Claims" from Riot	09-04	MT
Bitfarms Brief: Issuing Statement to Address Misleading Claims from Riot	09-04	MT
Riot Platforms Inc Sends a Letter to the Shareholders of Bitfarms Ltd	09-03	CI
Bitfarms Falls 5.8% as August Production Drops; Faces Proxy Battle With Its Largest Shareholder	09-03	MT
Bitfarms' August Bitcoin Production Decreases from Prior Month	09-03	MT
Bitfarms August Production Drops; Shareholder Riot Platforms Issues Open Letter Ahead of Special Meeting Calling for Changes	09-03	MT
Riot Platforms Calls for Board Changes at Bitfarms	09-03	MT
Bitfarms Brief: Providing August 2024 Production and Operations Update	09-03	MT

Bitfarms Ltd.

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