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Bitfarms (BITF) Stock

Profile

Country:

Canada

IPO:

16 August 2019

Indexes:

Not included

Description:

Bitfarms is a cryptocurrency mining company that focuses on producing Bitcoin. They operate large-scale mining farms using advanced technology and renewable energy sources. By efficiently mining Bitcoin, Bitfarms aims to contribute to the growing digital currency market while promoting sustainable practices in the industry.

Events Calendar

Earnings

Next earnings date:

Mar 07, 2025

Recent quarterly earnings:

Nov 12, 2024

Recent annual earnings:

Mar 07, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

N/A
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

14 Nov '24 HC Wainwright & Co.
Buy
03 Oct '24 Cantor Fitzgerald
Overweight
23 Sept '24 HC Wainwright & Co.
Buy
03 Sept '24 Cantor Fitzgerald
Overweight
22 Aug '24 HC Wainwright & Co.
Buy
12 Aug '24 HC Wainwright & Co.
Buy
18 July '24 HC Wainwright & Co.
Buy
09 July '24 HC Wainwright & Co.
Buy
17 June '24 HC Wainwright & Co.
Buy
17 May '24 B. Riley Securities
Buy

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Institutional Ownership

Bitfarms Announces Results of Special Meeting of Shareholders
Bitfarms Announces Results of Special Meeting of Shareholders
Bitfarms Announces Results of Special Meeting of Shareholders
BITF
globenewswire.com20 November 2024

- Bitfarms Board of Directors Increased to Six Members, Five of whom are Independent –-Andrew J. Chang Appointed as Independent Director--Shareholder Rights Plan Approved-

Bitfarms: Takeover Abated, Still A Work In Progress
Bitfarms: Takeover Abated, Still A Work In Progress
Bitfarms: Takeover Abated, Still A Work In Progress
BITF
seekingalpha.com14 November 2024

Bitfarms remains independent after settling with Riot, stabilizing its leadership team. Q3 results showed 8% revenue growth, but increased costs per BTC due to April's halving and higher energy expenses. The company raised $240M YTD through share sales, with liquidity at $145M, but continued share dilution is expected to fund operations.

Bitfarms Ltd. (BITF) Q3 2024 Earnings Call Transcript
Bitfarms Ltd. (BITF) Q3 2024 Earnings Call Transcript
Bitfarms Ltd. (BITF) Q3 2024 Earnings Call Transcript
BITF
seekingalpha.com13 November 2024

Bitfarms Ltd. (NASDAQ:BITF ) Q3 2024 Earnings Conference Call November 13, 2024 8:00 AM ET Company Participants Tracy Krumme - Senior Vice President-Investor Relations & Corporate Communications Ben Gagnon - Chief Executive Officer & Director Jeff Lucas - Chief Financial Officer Conference Call Participants Mike Colonnese - H.C.

Bitfarms Ltd. (BITF) Reports Q3 Loss, Tops Revenue Estimates
Bitfarms Ltd. (BITF) Reports Q3 Loss, Tops Revenue Estimates
Bitfarms Ltd. (BITF) Reports Q3 Loss, Tops Revenue Estimates
BITF
zacks.com13 November 2024

Bitfarms Ltd. (BITF) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.12.

Bitfarms Reschedules Third Quarter 2024 Conference Call to November 13th, 2024
Bitfarms Reschedules Third Quarter 2024 Conference Call to November 13th, 2024
Bitfarms Reschedules Third Quarter 2024 Conference Call to November 13th, 2024
BITF
globenewswire.com11 November 2024

TORONTO, Ontario and BROSSARD, Québec, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global vertically integrated Bitcoin data center company, announced today that it will be rescheduling its third quarter 2024 financial results conference call. The Company will report its third quarter 2024 financial results on Wednesday, November 13th, before the market opens. Management will host a conference call on the same day at 8:00 am EST. All Q3 2024 materials will be available before the call and can be accessed on the ‘Financial Results' section of the Bitfarms investor site.

Bitfarms Ltd. (BITF) Stock Dips While Market Gains: Key Facts
Bitfarms Ltd. (BITF) Stock Dips While Market Gains: Key Facts
Bitfarms Ltd. (BITF) Stock Dips While Market Gains: Key Facts
BITF
zacks.com08 November 2024

In the latest trading session, Bitfarms Ltd. (BITF) closed at $2.24, marking a -0.44% move from the previous day.

Analysts Estimate Bitfarms Ltd. (BITF) to Report a Decline in Earnings: What to Look Out for
Analysts Estimate Bitfarms Ltd. (BITF) to Report a Decline in Earnings: What to Look Out for
Analysts Estimate Bitfarms Ltd. (BITF) to Report a Decline in Earnings: What to Look Out for
BITF
zacks.com05 November 2024

Bitfarms (BITF) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Bitfarms Nominates Andrew J. Chang for Election to the Board of Directors
Bitfarms Nominates Andrew J. Chang for Election to the Board of Directors
Bitfarms Nominates Andrew J. Chang for Election to the Board of Directors
BITF
globenewswire.com29 October 2024

- Company to Hold Virtual Special Meeting of Shareholders on November 20, 2024 - - Company to Hold Virtual Special Meeting of Shareholders on November 20, 2024 -

Bitfarms Appoints Rachel Silverstein as U.S. General Counsel
Bitfarms Appoints Rachel Silverstein as U.S. General Counsel
Bitfarms Appoints Rachel Silverstein as U.S. General Counsel
BITF
globenewswire.com28 October 2024

This news release constitutes a “designated news release” for the purposes of the Company's prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023.

Bitfarms Schedules Third Quarter 2024 Conference Call on November 12th, 2024
Bitfarms Schedules Third Quarter 2024 Conference Call on November 12th, 2024
Bitfarms Schedules Third Quarter 2024 Conference Call on November 12th, 2024
BITF
globenewswire.com25 October 2024

TORONTO, Ontario and BROSSARD, Québec, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global vertically integrated Bitcoin data center company, will report its third quarter 2024 financial results on Tuesday, November 12th, before the market opens. Management will host a conference call on the same day at 8:00 am EST. All Q3 2024 materials will be available before the call and can be accessed on the ‘Financial Results' section of the Bitfarms investor site.

FAQ

  • What is the primary business of Bitfarms?
  • What is the ticker symbol for Bitfarms?
  • Does Bitfarms pay dividends?
  • What sector is Bitfarms in?
  • What industry is Bitfarms in?
  • What country is Bitfarms based in?
  • When did Bitfarms go public?
  • Is Bitfarms in the S&P 500?
  • Is Bitfarms in the NASDAQ 100?
  • Is Bitfarms in the Dow Jones?
  • When was Bitfarms's last earnings report?
  • When does Bitfarms report earnings?
  • Should I buy Bitfarms stock now?

What is the primary business of Bitfarms?

Bitfarms is a cryptocurrency mining company that focuses on producing Bitcoin. They operate large-scale mining farms using advanced technology and renewable energy sources. By efficiently mining Bitcoin, Bitfarms aims to contribute to the growing digital currency market while promoting sustainable practices in the industry.

What is the ticker symbol for Bitfarms?

The ticker symbol for Bitfarms is NASDAQ:BITF

Does Bitfarms pay dividends?

No, Bitfarms does not pay dividends

What sector is Bitfarms in?

Bitfarms is in the Financial Services sector

What industry is Bitfarms in?

Bitfarms is in the Capital Markets industry

What country is Bitfarms based in?

Bitfarms is headquartered in Canada

When did Bitfarms go public?

Bitfarms's initial public offering (IPO) was on 16 August 2019

Is Bitfarms in the S&P 500?

No, Bitfarms is not included in the S&P 500 index

Is Bitfarms in the NASDAQ 100?

No, Bitfarms is not included in the NASDAQ 100 index

Is Bitfarms in the Dow Jones?

No, Bitfarms is not included in the Dow Jones index

When was Bitfarms's last earnings report?

Bitfarms's most recent earnings report was on 12 November 2024

When does Bitfarms report earnings?

The next expected earnings date for Bitfarms is 7 March 2025

Should I buy Bitfarms stock now?

As of today, analysts generally recommend a 'Strong buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions