Bitfarms logo

BitfarmsNASDAQ: BITF

Profile

Country:

Canada

IPO:

16 August 2019

Next earnings report:

07 March 2025

Last dividends:

N/A

Next dividends:

N/A
$1.03 B
-33%vs. 3y high
59%vs. sector
-vs. 3y high
-vs. sector
-63%vs. 3y high
73%vs. sector
-55%vs. 3y high
81%vs. sector

Price

after hours | 2 min ago
$2.17-$0.06(-2.69%)

Dividend

No data over the past 3 years
$44.85 M$56.36 M
$44.85 M-$36.65 M

Analysts recommendations

Institutional Ownership

BITF Latest News

Bitfarms Announces Results of Special Meeting of Shareholders
globenewswire.com20 November 2024 Sentiment: -

- 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
seekingalpha.com14 November 2024 Sentiment: POSITIVE

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
seekingalpha.com13 November 2024 Sentiment: POSITIVE

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
zacks.com13 November 2024 Sentiment: POSITIVE

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
globenewswire.com11 November 2024 Sentiment: POSITIVE

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
zacks.com08 November 2024 Sentiment: NEUTRAL

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
zacks.com05 November 2024 Sentiment: NEGATIVE

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
globenewswire.com29 October 2024 Sentiment: NEUTRAL

- 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
globenewswire.com28 October 2024 Sentiment: POSITIVE

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
globenewswire.com25 October 2024 Sentiment: POSITIVE

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.

What type of business is Bitfarms?

Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. 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 formerly known as Bitfarms Technologies Ltd and changed its name to Bitfarms Ltd. in October 2018. The company was founded in 2017 and is based in Toronto, Canada.

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 from?

Bitfarms is headquartered in Canada

When did Bitfarms go public?

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

What is Bitfarms website?

https://www.bitfarms.com

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 the previous earnings report?

No data

When does Bitfarms earnings report?

The next expected earnings date for Bitfarms is 07 March 2025