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

04:00pm - H.C. Wainwright Global Investment Conference - Bitcoin Mining Panel

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

1.945USD

Average target price

5.187USD

Spread / Average Target

+166.65%

Consensus

Profit revisions

Estimate revisions

Quarterly earnings, Rate of surprise

Company calendar

Delayed Toronto S.E. Other stock markets 18:26:01 10/09/2024 BST			5-day change	1st Jan Change
2.620 ^CAD	-0.76%		-0.95%	-32.08%

02:08pm	Bitfarms Splits Mining Operations, Appoints New Heads	MT
01:53pm	Bitfarms Up 0.5% in U.S. Premarket As Makes Changes to Operations Team, Separates Mining Operations	MT

Bitfarms Splits Mining Operations, Appoints New Heads	01:08pm	MT
Bitfarms Up 0.5% in U.S. Premarket As Makes Changes to Operations Team, Separates Mining Operations	12:53pm	MT
Bitfarms Ltd. Announces Executive Changes	12:07pm	CI
Bitfarms Brief: Separating Mining Operations into two divisions, Infrastructure and Mining Operations	12:04pm	MT
Bitfarms Brief: Promoting Benoit Gobeil to Chief Infrastructure Officer	12:04pm	MT
Bitfarms Brief: Says "Enhances" Operations Teams; Appoints Alex Brammer to Senior Vice President of Global Mining Operations	12:04pm	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. Reports Production Results for the Month and Year to Date Ended August 2024	09-03	CI
Bitfarms Down 1.2% In US Premarket As Assumes Control of Sharon, PA Site	08-27	MT
Bitfarms Brief: Announcing Assumption of Control of Sharon, PA Site	08-27	MT
Correction-- Hive Brief: Has Buy Rating and US$6 Price Target at B.Riley On Current BTC Prices and Network Hash Rates	08-26	MT

Bitfarms Ltd.

Equities