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

31/05/2024 - Annual General Meeting

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

2.097 USD

Average target price

5.141 USD

Spread / Average Target

+145.15%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Cryptocurrency Mining

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Cryptocurrency Mining

Delayed Toronto S.E. Other stock markets 19:56:07 28/05/2024 BST			5-day change	1st Jan Change
2.93 ^CAD	+2.45%		+14.90%	-23.90%

07:50pm	Sector Update: Financial Stocks Decline Tuesday Afternoon	MT
07:42pm	Sector Update: Financial	MT

Sector Update: Financial Stocks Decline Tuesday Afternoon	06:50pm	MT
Sector Update: Financial	06:42pm	MT
Riot Proposes $2.30 per Share to Acquire Bitfarms in Cash, Stock Deal	02:53pm	MT
Riot Platforms proposes to buy crypto miner Bitfarms, becomes largest shareholder	02:33pm	RE
Nasdaq-Listed Riot Platforms Offers to Buy Crypto Miner Bitfarms For US$2.30 Per Share; BITF Up 9% at US$2.21 In US Premarket	02:25pm	MT
Riot Proposes to Acquire Bitfarms for $2.30 Per Share	02:09pm	MT
Riot Proposes to Acquire Bitfarms for $2.30 Per Share	02:07pm	MT
Riot Platforms proposes to buy crypto miner Bitfarms	01:42pm	RE
Bitfarms Brief: Intends to Requisition a Special Meeting of Bitfarms' Shareholders to Add New Independent Directors to Bitfarms' Board	01:41pm	MT
Bitfarms Brief: Riot Has Acquired a 9.25% Stake to Become Bitfarms' Largest Shareholder	01:41pm	MT
Bitfarms Brief: Reflecting a 24% Premium to Bitfarms' One-Month Volume Weighted Average Price	01:41pm	MT
Bitfarms Brief: Nasdaq-listed Riot Platforms Proposes to Acquire Bitfarms for US$2.30 Per Share	01:39pm	MT
Riot Platforms, Inc. cancelled the acquisition of remaining 90.75% stake in Bitfarms Ltd. for approximately $830 million.	27/05/2024	CI
B. Riley Lowers Price Target on Bitfarms to $3 From $4, Maintains Buy Rating	05-17	MT
Toronto Stocks Edge Up; Boyd Group Services Down on 1Q Earnings Decline, 2Q Outlook	05-15	DJ
This bodes well for rate cuts	05-15
Bitfarms Q1 Net Loss Widens 62%, Revenue Up 67%	05-15	MT
Transcript : Bitfarms Ltd., Q1 2024 Earnings Call, May 15, 2024	05-15
Bitfarms Ltd. Provides Operating Guidance for the Second Quarter of 2024 and Year 2024	05-15	CI
Bitfarms Ltd. Reports Operating Results for the First Quarter Ended March 31, 2024	05-15	CI
Bitfarms Brief: Q1 Revenue of US$50 million, up 9% Q/Q and 67% Y/Y; Says "On track" to achieve guidance of 21 EH/s and 21 w/TH in 2024	05-15	MT
Bitfarms Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024	05-15	CI
Riot Platforms, Inc. made a proposal to acquire remaining 90.75% stake in Bitfarms Ltd..	05-14	CI
Bitfarms Doubles Power Capacity to 200 MW at Paraguay Site	05-14	MT
Bitfarms Down 3.1% In US Premarket Although Says Doubled Yguazu Power Capacity to 200 MW with Additional 100 MW of Hydropower in Paraguay	05-14	MT