BITF
Financials

Bitfarms Ltd.

BITF
Since

Headquarters:

ON, Canada

Exchange:

NASDAQ

Industry:

Capital Markets

Number of Employees:

170.00

Current Fiscal Year:

2024

Market Cap:

471.98M

Price per Share:

$0.9989

Quarterly Dividend per Share:

Year-to-date Performance:
-37.9565%
Dividend Yield:
%
Price-to-book Ratio:
0.92
Trailing P/E Ratio:
N/A

Price History

Latest Prices

DateOpenHighLowClose
2025-04-300.96981.0150.93330.9989
2025-04-2911.030.9950.9976
2025-04-281.051.060.97251.02
2025-04-251.0251.051.011.03
2025-04-240.981.040.97881.02

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.

Financial Performance

2024 Revenue:182.96M

Detailed view of quarterly revenue

2024 Net Income:-126.60M

Detailed view of quarterly net income

2024 Free Cash Flow:-261.71M

Overview of free cash flow for the quarter

Annual Revenue Comparison

Compares total annual revenues

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