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.

Sector

Blockchain & Cryptocurrency

Calendar

2024-06-24 - Northland Growth Conference

More about the company

Income Statement Evolution

More financial data

Ratings for Bitfarms Ltd.

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

2.399 USD

Average target price

5.089 USD

Spread / Average Target

+112.11%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Cryptocurrency Mining

	1st Jan change	Capi.
BITFARMS LTD.	-17.40%	956M
MARATHON DIGITAL HOLDINGS, INC.	-17.16%	5.26B
CLEANSPARK, INC.	+42.34%	3.55B
PHOENIX GROUP PLC	-18.30%	2.96B
RIOT PLATFORMS, INC.	-36.04%	2.81B
CIPHER MINING INC.	+1.21%	1.25B
TERAWULF INC.	+28.75%	1.03B
BITDEER TECHNOLOGIES GROUP	-26.06%	1B
HUT 8 CORP.	-26.16%	875M
BITFUFU INC.	-67.28%	606M

Cryptocurrency Mining

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-06-10 pm EDT			5-day change	1st Jan Change
3.18 ^CAD	-3.64%		+0.32%	-17.40%

10:30pm	TSX gets a bump after oil prices reach one-week high	RE
04:48pm	TSX flat on investor caution; resource stocks lead gains	RE

TSX gets a bump after oil prices reach one-week high	04:30pm	RE
TSX flat on investor caution; resource stocks lead gains	10:48am	RE
Bitfarms to Adopt 'Poison Pill' Amid Riot Takeover Attempt	10:43am	CI
U.S. LISTED SHARES OF BITFARMS DROP 3% AFTER CO SAYS WILL ADOPT…	09:31am	RE
Exchange-Traded Funds, Equity Futures Retreat Pre-Bell Monday Ahead of Key Economic Data, FOMC Announcement	08:10am	MT
Bitfarms Adopts Shareholder Rights Plan to Counter Riot Platforms' Share Accumulation	07:51am	MT
Bitfarms to adopt 'poison pill' amid Riot takeover attempt	06:53am	RE
Bitfarms to adopt shareholder rights plan	06:07am	RE
Bitfarms Brief: BITF Up Near 3% After Riot Platforms Overnight Reported Beneficial Ownership of 12%	Jun. 06	MT
Exchange-Traded Funds Edge Up, Equity Futures Mixed Pre-Bell Thursday as Investors Await Fresh Data	Jun. 06	MT
TSX futures muted, commodities gain on rate cut bets	Jun. 06	RE
Bitfarms Brief: Riot Platforms Overnight Reported Beneficial Ownership of 12% in Bitfarms Ltd.	Jun. 06	MT
Riot Platforms Increases Stake in Bitfarms to 12%	Jun. 06	MT
Riot Platforms Inc issues a Press Release to the Board of Bitfarms	Jun. 05	CI
Riot Platforms acquires 12% stake in rival Bitfarms	Jun. 05	RE
Bitfarms' May Bitcoin Production Falls	Jun. 03	MT
Bitfarms Ltd. Reports Production Results for the Month and Year to Date Ended May 2024	Jun. 03	CI
Transcript : Bitfarms Ltd. - Shareholder/Analyst Call	May. 31
Stifel Downgrades Bitfarms to Hold From Speculative Buy	May. 30	MT
Toronto Stocks Lower After Earnings Miss by Bank of Montreal	May. 29	DJ
Bitfarms Looking at Alternatives After Rejecting Riot Offer	May. 29	DJ
Bitfarms Responds to Unsolicited Proposal from Riot Platforms	May. 29	CI
Bitfarms Responding to Unsolicited Proposal from Riot Platforms; BITF Up More Than 1% In US Premarket, Having Jumped In Both Canada and US on Tuesday	May. 29	MT
Bitfarms Brief: Reaffirming Confidence in Business and Guidance of 21 EH/s and 21 w/TH in 2024	May. 29	MT
Bitfarms Brief: Company Says "Committed to Maximizing Value for All Shareholders"; Strategic Alternatives Process Underway	May. 29	MT