Bitfarms Ltd. (TSX:BITF)

Canada flag Canada · Delayed Price · Currency is CAD
1.550
+0.060 (4.03%)
May 12, 2025, 4:00 PM EDT
-34.60%
Market Cap 858.15M
Revenue (ttm) 277.52M
Net Income (ttm) -77.79M
Shares Out 553.64M
EPS (ttm) -0.19
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,201,003
Average Volume 1,527,413
Open 1.570
Previous Close 1.490
Day's Range 1.475 - 1.595
52-Week Range 0.960 - 4.490
Beta 4.26
RSI 62.78
Earnings Date May 15, 2025

About Bitfarms

Bitfarms Ltd. operates integrated bitcoin data centers in Canada, the United States, Paraguay, and Argentina. It primarily owns and operates data centers housing computers to validate transactions on the bitcoin blockchain, as well as sells computational power used for hashing calculations for cryptocurrency mining in multiple jurisdictions. 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 formerly known as Bitfarm... [Read more]

Industry Capital Markets
Sector Financials
Founded 2017
Employees 170
Stock Exchange Toronto Stock Exchange
Ticker Symbol BITF
Full Company Profile

Financial Performance

In 2024, Bitfarms's revenue was $192.88 million, an increase of 31.78% compared to the previous year's $146.37 million. Losses were -$54.06 million, -50.37% less than in 2023.

Financial numbers in USD Financial Statements

News

BITF Shareholder Alert: Robbins LLP Informs Investors of the Bitfarms Ltd. Class Action Lawsuit

SAN DIEGO , May 12, 2025 /PRNewswire/ -- Robbins LLP informs stockholders that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired Bitfarms Ltd. (NASDAQ...

7 hours ago - PRNewsWire

Rosen Law Firm Urges Bitfarms Ltd. (NASDAQ: BITF) Stockholders With Large Losses to Contact the Firm for Information About Their Rights

NEW YORK--(BUSINESS WIRE)--Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers of Bitfarms Ltd. (NASDAQ: BITF) securities betwe...

7 hours ago - Business Wire

Pomerantz Law Firm Announces the Filing of a Class Action Against Bitfarms Ltd. and Certain Officers - BITF

NEW YORK , May 12, 2025 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ: BITF) and certain officers.

11 hours ago - PRNewsWire

INVESTOR ALERT: Class Action Lawsuit Filed on Behalf of Bitfarms Ltd. (BITF) Investors – Holzer & Holzer, LLC Encourages Investors With Significant Losses to Contact the Firm

ATLANTA, May 12, 2025 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Bitfarms Ltd. (“Bitfarms” or the “Company”) (NASDAQ: BITF). The lawsuit alleges that Defendants made...

13 hours ago - GlobeNewsWire

BITF SHAREHOLDER ALERT: Bronstein, Gewirtz and Grossman, LLC Announces that Bitfarms Ltd. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

NEW YORK CITY, NY / ACCESS Newswire / May 12, 2025 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Bitfarm...

13 hours ago - Accesswire

Pomerantz Law Firm Announces the Filing of a Class Action Against Bitfarms Ltd. and Certain Officers - BITF

NEW YORK CITY, NY / ACCESS Newswire / May 10, 2025 / Pomerantz LLP announces that a class action lawsuit has been filed against Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ:BITF) and certain of...

2 days ago - Accesswire

Pomerantz Law Firm Announces the Filing of a Class Action Against Bitfarms Ltd. and Certain Officers – BITF

NEW YORK, May 09, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ: BITF) and certain officers. T...

3 days ago - GlobeNewsWire

Rosen Law Firm Encourages Bitfarms Ltd. Investors to Inquire About Securities Class Action Investigation - BITF

NEW YORK , May 9, 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: ...

3 days ago - PRNewsWire

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF

NEW YORK CITY, NY / ACCESS Newswire / May 8, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ:BITF).

4 days ago - Accesswire

ROSEN, SKILLED INVESTOR COUNSEL, Encourages Bitfarms Ltd. Investors to Inquire About Securities Class Action Investigation - BITF

NEW YORK CITY, NY / ACCESS Newswire / May 7, 2025 / WHY: New York, N.Y., May 7, 2025.

5 days ago - Accesswire

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF

NEW YORK CITY, NY / ACCESS Newswire / May 7, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ:BITF).

5 days ago - Accesswire

Bitfarms Schedules First Quarter 2025 Conference Call on May 14, 2025

TORONTO, May 07, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global energy and compute infrastructure company, will report its first quarter 2025 financial results on Wednesday, May 1...

5 days ago - GlobeNewsWire

HIVE taps LATAM for stable and low-cost energy partnership

Several crypto-focused organizations — including Bitcoin ( BTC) mining companies — are eyeing a US return, primarily driven by uncertain geopolitical tensions. Still, BTC miner HIVE Digital Technolog...

5 days ago - Cointelegraph

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF

NEW YORK , May 6, 2025 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of  Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ: BITF).

6 days ago - PRNewsWire

Bitfarms Announces Participation in Upcoming Investor and Industry Conferences

TORONTO, May 06, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global energy and compute infrastructure company, today announced its participation in several upcoming investor and indus...

6 days ago - GlobeNewsWire

Bitfarms Ltd. Announcement: If You Have Suffered Losses in Bitfarms Ltd.

NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Bitfarms Ltd. (NASD...

7 days ago - GlobeNewsWire

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Bitfarms Ltd. - BITF

NEW YORK, May 05, 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 co...

7 days ago - GlobeNewsWire

Bitcoin mining Institutions boost investments amid favorable US climate

Opinion by: Fakhul Miah, managing director of GoMining Institutional The Bitcoin ( BTC) mining industry has never been more attractive to institutional investors. Fintech giants are investing in Bitc...

9 days ago - Cointelegraph

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF

NEW YORK CITY, NY / ACCESS Newswire / May 3, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ:BITF).

9 days ago - Accesswire

ROSEN, A LEADING LAW FIRM, Encourages Bitfarms Ltd. Investors to Inquire About Securities Class Action Investigation - BITF

NEW YORK, NY / ACCESS Newswire / May 2, 2025 / WHY: New York, N.Y., May 2, 2025.

10 days ago - Accesswire

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF

NEW YORK CITY, NY / ACCESS Newswire / May 2, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ:BITF).

10 days ago - Accesswire

Bitfarms Ltd. Announcement: If You Have Suffered Losses in Bitfarms Ltd.

NEW YORK, May 01, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Bitfarms Ltd. (NASD...

11 days ago - GlobeNewsWire

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF

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

11 days ago - Accesswire

Bitfarms Provides April 2025 Production and Operations Update

- New private debt facility with a division of Macquarie Group for up to $300 million to fund initial HPC project development at Panther Creek, validating the attractiveness of Bitfarms' potential HPC...

11 days ago - GlobeNewsWire

INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bitfarms Ltd. - BITF

NEW YORK CITY, NY / ACCESS Newswire / April 30, 2025 / Pomerantz LLP is investigating claims on behalf of investors of Bitfarms Ltd. ("Bitfarms" or the "Company") (NASDAQ:BITF).

12 days ago - Accesswire