Bitfarms Ltd. (BITF)

CA — Financial Services Sector
Peers: HIVE  CLSK  MARA  RIOT  HUT  BTBT  WULF  CIFR  IREN  SDIG 

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Key Metrics & Ratings

  • symbol BITF
  • Rev/Share 0.4019
  • Book/Share 1.2684
  • PB 0.726
  • Debt/Equity 0.0385
  • CurrentRatio 5.8922
  • ROIC -0.1345

 

  • MktCap 511985406.0
  • FreeCF/Share -1.0017
  • PFCF -1.0663
  • PE -8.1689
  • Debt/Assets 0.0351
  • DivYield 0
  • ROE -0.1103

 

  • Rating C-
  • Score 1
  • Recommendation Strong Sell
  • P/E Score 1
  • DCF Score 1
  • P/B Score 2
  • D/E Score 3

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Initiation BITF Keefe Bruyette -- Outperform -- -- Jan. 8, 2025
Initiation BITF Alliance Global Partners -- Buy -- $6 Dec. 4, 2024

News

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF
BITF
Published: April 16, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / April 16, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ:BITF).

Read More
image for news INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF
BITF
Published: April 15, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / April 15, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ:BITF).

Read More
image for news INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF
BITF
Published: April 15, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / April 15, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ:BITF).

Read More
image for news INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF
Bitfarms Announcement: Rosen Law Firm Encourages Bitfarms Ltd. Investors to Inquire About Securities Class Action Investigation - BITF
BITF
Published: April 14, 2025 by: PRNewsWire
Sentiment: Neutral

NEW YORK , April 14, 2025 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Bitfarms (NASDAQ: BITF) resulting from allegations that Bitfarms may have issued materially misleading business information to the investing public. So What: If you purchased Bitfarms securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

Read More
image for news Bitfarms Announcement: Rosen Law Firm Encourages Bitfarms Ltd. Investors to Inquire About Securities Class Action Investigation - BITF
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF
BITF
Published: April 08, 2025 by: PRNewsWire
Sentiment: Neutral

NEW YORK , April 8, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ: BITF).

Read More
image for news INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF
BITF
Published: April 04, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / April 4, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ:BITF).

Read More
image for news INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF
ROSEN, LEADING INVESTOR COUNSEL, Encourages Bitfarms Ltd. Investors to Inquire About Securities Class Action Investigation - BITF
BITF
Published: April 03, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / April 3, 2025 / Why: New York, N.Y., April 3, 2025.

Read More
image for news ROSEN, LEADING INVESTOR COUNSEL, Encourages Bitfarms Ltd. Investors to Inquire About Securities Class Action Investigation - BITF
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF
BITF
Published: April 03, 2025 by: GlobeNewsWire
Sentiment: Neutral

NEW YORK, April 03, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. (“Bitfarms” or the “Company”) (NASDAQ: BITF). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

Read More
image for news INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF
BITF
Published: April 01, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / April 1, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ:BITF).

Read More
image for news INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF
Bitfarms Ltd. Announcement: If You Have Suffered Losses in Bitfarms Ltd.
BITF
Published: April 01, 2025 by: GlobeNewsWire
Sentiment: Neutral

NEW YORK, April 01, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Bitfarms Ltd. (NASDAQ: BITF) resulting from allegations that Bitfarms may have issued materially misleading business information to the investing public.

Read More
image for news Bitfarms Ltd. Announcement: If You Have Suffered Losses in Bitfarms Ltd.
Bronstein, Gewirtz & Grossman, LLC Encourages Bitfarms Ltd. (BITF) Shareholders to Inquire about Securities Investigation
BITF
Published: April 01, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / April 1, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASDAQ:BITF).

Read More
image for news Bronstein, Gewirtz & Grossman, LLC Encourages Bitfarms Ltd. (BITF) Shareholders to Inquire about Securities Investigation
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF
BITF
Published: March 31, 2025 by: PRNewsWire
Sentiment: Neutral

NEW YORK , March 31, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ: BITF).

Read More
image for news INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF
Bronstein, Gewirtz & Grossman, LLC Is Investigating Bitfarms Ltd. (BITF) And Encourages Shareholders to Connect
BITF
Published: March 31, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / March 31, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASDAQ:BITF).

Read More
image for news Bronstein, Gewirtz & Grossman, LLC Is Investigating Bitfarms Ltd. (BITF) And Encourages Shareholders to Connect
Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Bitfarms Ltd. (BITF) and Encourages Shareholders to Learn More About the Investigation
BITF
Published: March 28, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / March 28, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASDAQ:BITF).

Read More
image for news Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Bitfarms Ltd. (BITF) and Encourages Shareholders to Learn More About the Investigation
Bitfarms: Not Just A Crypto Play Now
BITF
Published: March 28, 2025 by: Seeking Alpha
Sentiment: Negative

Bitfarms has shifted from Bitcoin mining to an "energy and compute company," aiming to leverage its electrical capacity for AI data centers. Despite $135M in liquidity, capital expenditures make cash burn a concern, necessitating successful revenue generation from new ventures. The company's transformation introduces speculative risks, including potential share dilution and dependency on BTC pricing for the current operation.

Read More
image for news Bitfarms: Not Just A Crypto Play Now
Bitfarms: ATM Exhaustion And Debt On The Horizon
BITF
Published: March 28, 2025 by: Seeking Alpha
Sentiment: Negative

Bitfarms' stock has plummeted nearly 50% in five months, underperforming peers, with a 65% drop from November highs. Q4-24 results show a 21% YoY revenue increase, but a 2% gross margin and a $16.4 million operating loss due to rising costs. Bitfarms sold its Paraguay mine for $85 million to HIVE Digital, reducing future capex needs by $325 million, and is pivoting to HPC/AI compute.

Read More
image for news Bitfarms: ATM Exhaustion And Debt On The Horizon
Bitfarms Ltd. Announcement: If You Have Suffered Losses in Bitfarms Ltd.
BITF
Published: March 27, 2025 by: GlobeNewsWire
Sentiment: Neutral

NEW YORK, March 27, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Bitfarms Ltd. (NASDAQ: BITF) resulting from allegations that Bitfarms may have issued materially misleading business information to the investing public.

Read More
image for news Bitfarms Ltd. Announcement: If You Have Suffered Losses in Bitfarms Ltd.
Bitfarms Ltd. (BITF) Q4 2024 Earnings Call Transcript
BITF
Published: March 27, 2025 by: Seeking Alpha
Sentiment: Neutral

Bitfarms Ltd. (NASDAQ:BITF ) Q4 2024 Earnings Conference Call March 26, 2025 8:00 AM ET Company Participants Tracy Krumme - SVP of Investor Relations & Corporate Communications Ben Gagnon - Chief Executive Officer & Director Jeffrey Lucas - Chief Financial Officer Conference Call Participants Brett Knoblauch - Cantor Fitzgerald Mike Colonnese - H.C.

Read More
image for news Bitfarms Ltd. (BITF) Q4 2024 Earnings Call Transcript
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF
BITF
Published: March 27, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / March 27, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ:BITF).

Read More
image for news INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF
ROSEN, A LEADING LAW FIRM, Encourages Bitfarms Ltd. Investors to Inquire About Securities Class Action Investigation - BITF
BITF
Published: March 26, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / March 26, 2025 / WHY: New York, N.Y., March 26, 2025.

Read More
image for news ROSEN, A LEADING LAW FIRM, Encourages Bitfarms Ltd. Investors to Inquire About Securities Class Action Investigation - BITF
Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Bitfarms Ltd. (BITF) and Encourages Investors to Learn More About the Investigation
BITF
Published: March 26, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / March 26, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASDAQ:BITF).

Read More
image for news Bronstein, Gewirtz & Grossman, LLC Announces an Investigation Against Bitfarms Ltd. (BITF) and Encourages Investors to Learn More About the Investigation
Bitfarms Appoints James Bond as Senior Vice President of High-Performance Computing
BITF
Published: March 26, 2025 by: GlobeNewsWire
Sentiment: Neutral

Mr. Bond to establish and scale Bitfarms North American HPC/AI business Mr. Bond to establish and scale Bitfarms North American HPC/AI business

Read More
image for news Bitfarms Appoints James Bond as Senior Vice President of High-Performance Computing
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF
BITF
Published: March 25, 2025 by: PRNewsWire
Sentiment: Neutral

NEW YORK , March 25, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ: BITF).

Read More
image for news INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF
Bitfarms Ltd. (BITF) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation
BITF
Published: March 25, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / March 25, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASDAQ:BITF).

Read More
image for news Bitfarms Ltd. (BITF) Investigation: Bronstein, Gewirtz & Grossman, LLC Encourages Shareholders to Contact the Firm to Learn More About the Investigation
Bitfarms Ltd. Announcement: If You Have Suffered Losses in Bitfarms Ltd.
BITF
Published: March 24, 2025 by: GlobeNewsWire
Sentiment: Neutral

NEW YORK, March 24, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Bitfarms Ltd. (NASDAQ: BITF) resulting from allegations that Bitfarms may have issued materially misleading business information to the investing public.

Read More
image for news Bitfarms Ltd. Announcement: If You Have Suffered Losses in Bitfarms Ltd.
Bronstein, Gewirtz & Grossman, LLC Is Investigating Bitfarms Ltd. (BITF) And Encourages Investors to Connect
BITF
Published: March 24, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / March 24, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASDAQ:BITF).

Read More
image for news Bronstein, Gewirtz & Grossman, LLC Is Investigating Bitfarms Ltd. (BITF) And Encourages Investors to Connect
Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Bitfarms Ltd. (BITF) And Encourages Stockholders to Reach Out
BITF
Published: March 21, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / March 21, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASDAQ:BITF).

Read More
image for news Bronstein, Gewirtz & Grossman, LLC Initiates an Investigation into Allegations Against Bitfarms Ltd. (BITF) And Encourages Stockholders to Reach Out
Bronstein, Gewirtz & Grossman, LLC Is Investigating Bitfarms Ltd. (BITF) And Encourages Stockholders to Connect
BITF
Published: March 20, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK CITY, NY / ACCESS Newswire / March 20, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Bitfarms Ltd. ("Bitfarms" or "the Company") (NASDAQ:BITF).

Read More
image for news Bronstein, Gewirtz & Grossman, LLC Is Investigating Bitfarms Ltd. (BITF) And Encourages Stockholders to Connect
Bitfarms Schedules Fourth Quarter and Full Year 2024 Conference Call on March 27, 2025
BITF
Published: March 19, 2025 by: GlobeNewsWire
Sentiment: Neutral

TORONTO, Ontario, March 19, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global Bitcoin and vertically integrated data center company, will report its fourth quarter and full year 2024 financial results on Thursday, March 27 before the market opens. Management will host a conference call on the same day at 8:00 am EST. All Q4 2024 materials will be available before the call and can be accessed on the ‘Financial Results' section of the Bitfarms investor site.

Read More
image for news Bitfarms Schedules Fourth Quarter and Full Year 2024 Conference Call on March 27, 2025
Investors Who Lost Money on Bitfarms Ltd. Should Contact Levi & Korsinsky About an Ongoing Investigation - BITF
BITF
Published: March 19, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / March 19, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Bitfarms Ltd. ("Bitfarms Ltd.

Read More
image for news Investors Who Lost Money on Bitfarms Ltd. Should Contact Levi & Korsinsky About an Ongoing Investigation - BITF

About Bitfarms Ltd. (BITF)

  • IPO Date 2019-08-16
  • Website https://www.bitfarms.com
  • Industry Financial - Capital Markets
  • CEO Mr. Benjamin J. Gagnon
  • Employees 170

Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in North America. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. 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 founded in 2017 and is headquartered in Toronto, Canada.