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BITF Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
1.955
Open
1.860
VWAP
1.90
Vol
19.12M
Mkt Cap
1.11B
Low
1.860
Amount
36.37M
EV/EBITDA(TTM)
22.83
Total Shares
602.73M
EV
926.37M
EV/OCF(TTM)
--
P/S(TTM)
3.46
Bitfarms Ltd. is a Canada-based global Bitcoin and vertically integrated data center company that sells its computational power to one or more mining pools from which it receives payment in Bitcoin. It develops, owns, and operates vertically integrated mining facilities with in-house management and Company-owned electrical engineering, installation service, and multiple onsite technical repair centers. Its proprietary data analytics system delivers operational performance and uptime. The Company operates through the cryptocurrency mining segment. The activities of the Company mainly consist of selling its computational power used for hashing calculations for the purpose of cryptocurrency mining in multiple jurisdictions. Volta, a wholly owned subsidiary of the Company, assists the Company in building and maintaining its data centers. The Company operates Bitcoin data centers in four countries: the United States, Canada, Paraguay, and Argentina.
Show More

Events Timeline

(ET)
2026-03-31
11:30:00
New
Bitfarms Achieves 72% Revenue Growth Ahead of Rebrand
select
2026-03-18 (ET)
2026-03-18
12:10:00
SEC and CFTC Release Joint Crypto Framework, Bitcoin Surges to $76,000
select
2026-03-09 (ET)
2026-03-09
07:30:00
Bitfarms Appoints Multiple Executives to Strengthen Teams
select
2026-03-05 (ET)
2026-03-05
10:00:00
Trump Backs Coinbase Position to Advance Crypto Legislation
select
2026-03-05
06:50:00
Crypto Legislation Discussions Stalled
select
link
2026-02-25 (ET)
2026-02-25
11:40:00
Circle Internet Group Q4 Earnings Beat Expectations, USDC Circulation Hits $75.3B
select
2026-02-09 (ET)
2026-02-09
12:00:00
Bitcoin Miners Shift to AI Infrastructure
select

News

seekingalpha
9.5
03-30seekingalpha
PinnedBitfarms to Announce Q4 Earnings on March 31
  • Earnings Announcement: Bitfarms is set to release its Q4 2023 earnings report on March 31 before market open, with a consensus EPS estimate of -$0.02, reflecting a significant year-over-year decline of 166.7%, indicating ongoing profitability challenges for the company.
  • Revenue Expectations: Analysts forecast revenue of $58.89 million, representing a modest year-over-year increase of 5.2%, suggesting that while growth is limited, the company is managing to maintain a certain level of revenue amidst adversity.
  • Historical Performance Review: Over the past two years, Bitfarms has only beaten EPS estimates 13% of the time and revenue estimates 63% of the time, highlighting the challenges and opportunities the company faces in managing market expectations.
  • Strategic Transition: Bitfarms is undergoing a transition, recently selling its Paso Pe bitcoin mining site in Latin America for up to $30 million, marking the company's efforts to adjust its business strategy in response to market changes.
stocktwits
4.5
16:10 PMstocktwits
Bitfarms Relocates to New York, Rebrands as Keel Infrastructure
  • Restructuring and Rebranding: Bitfarms is relocating to New York and rebranding as Keel Infrastructure, with plans to complete its re-domiciliation from Canada to the U.S. by April 1, 2026, marking a strategic shift from Bitcoin mining to high-performance computing and AI infrastructure.
  • Bitcoin Sale Plan: The company plans to sell approximately $161 million worth of Bitcoin holdings to fund its AI growth strategy, which not only aids in improving its financial situation but also signals a shift in focus from crypto mining to digital infrastructure.
  • Positive Market Reaction: Bitfarms' stock rose over 4% during early trading, and retail sentiment on Stocktwits shifted from 'bearish' to 'bullish', indicating increased investor confidence in the company's future direction.
  • Infrastructure Investment: CEO Ben Gagnon stated that 2025 expenditures will focus on meeting the demand for AI-driven computing, and the company has simplified its capital structure by paying off a $100 million loan, facilitating easier financing for future projects.
seekingalpha
9.5
11:11 AMseekingalpha
Bitfarms Reports Revenue Growth but Increased Losses
  • Earnings Loss: Bitfarms reported a fiscal year EPS of -$0.38, indicating financial strain during its transition, as revenue grew 72% year-over-year to $229.28 million, yet still fell short of market expectations, undermining shareholder confidence.
  • Revenue Growth: Despite a 72% year-over-year revenue increase to $229.28 million, the figure missed expectations by $40.96 million, reflecting the challenges and opportunities the company faces in the rapidly evolving Bitcoin mining market.
  • Strategic Transition: Bitfarms is undergoing a strategic transition, planning to sell its Latin American Bitcoin mining assets for up to $30 million, aiming to optimize resource allocation and enhance financial flexibility amid market volatility.
  • Market Reaction: The earnings report's failure to meet expectations has raised concerns among shareholders and analysts regarding the company's future, particularly as competition intensifies in the Bitcoin mining sector, making the success of its transition strategy uncertain.
Newsfilter
1.0
03-30Newsfilter
Bitfarms to Participate in Jefferies Virtual Conference
  • Conference Participation: Bitfarms will participate in the Jefferies Virtual Power x Data Center Conference on March 31, 2026, with CEO Ben Gagnon and CFO Jonathan Mir presenting at 10:15 AM, showcasing the company's strategic initiatives in the digital infrastructure sector.
  • Energy Portfolio: Bitfarms boasts a 2.1 GW North American energy portfolio, encompassing energized, under development, and pipeline projects, ensuring robust access to power and fiber infrastructure within established data center clusters to support high-performance computing workloads.
  • Company Background: Headquartered in New York and Toronto, Bitfarms focuses on developing and owning data centers and energy infrastructure, particularly for artificial intelligence computing needs, highlighting its significant position in the industry.
  • Investor Relations: The company maintains communication with investors through its website and social media platforms, providing updates on events, developments, and online community information, thereby enhancing interaction and transparency with stakeholders.
moomoo
2.0
03-25moomoo
ProShares Bitcoin Strategy ETF Rises 3.3%, iShares Bitcoin Trust Increases by 3.5%
  • Market Performance: ProShares Bitcoin Strategy ETF (BITO) has seen an increase of 3.3%, while shares of Bitcoin Trust (GBTC) have risen by 3.5%.

  • Investment Trends: The uptick in these Bitcoin-related investments indicates growing interest and confidence in cryptocurrency markets.

moomoo
7.5
03-25moomoo
RIOT PLATFORMS INCREASES BY 4.5%, HUT 8 MINING RISES 5.1%, MARA HOLDINGS GROWS 3%
  • Riot Platforms Performance: Riot Platforms reported a 4.5% increase in performance metrics.

  • Hut 8 Mining Growth: Hut 8 Mining experienced a 5.1% rise in its operational results.

  • Marathon Holdings Update: Marathon Holdings saw a 3% growth in its performance indicators.

  • Overall Industry Trends: The mining sector shows positive growth trends across multiple companies.

Wall Street analysts forecast BITF stock price to rise
5 Analyst Rating
Wall Street analysts forecast BITF stock price to rise
4 Buy
1 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
3.00
Averages
4.60
High
6.00
Current: 0.000
sliders
Low
3.00
Averages
4.60
High
6.00
Keefe Bruyette
Stephen Glagola
Outperform -> Market Perform
downgrade
$3
AI Analysis
2026-01-26
Reason
Keefe Bruyette
Stephen Glagola
Price Target
$3
AI Analysis
2026-01-26
downgrade
Outperform -> Market Perform
Reason
Keefe Bruyette analyst Stephen Glagola downgraded Bitfarms to Market Perform from Outperform with a price target of $3, up from $2.50.
Keefe Bruyette
Keefe
Outperform -> Market Perform
downgrade
$3
2026-01-26
Reason
Keefe Bruyette
Keefe
Price Target
$3
2026-01-26
downgrade
Outperform -> Market Perform
Reason
Keefe Bruyette downgraded Bitfarms to Market Perform from Outperform with a price target of $3, up from $2.50. The firm does not expect a leasing agreement to materialize for the company until the second half of 2026. The stock already discounts a Sharon deal, says Keefe, which also has concerns around Bitfarms's rising leverage and elevated capex. Keefe would get more constructive on the shares with greater clarity on the company's liquidity and 2026 capex.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for BITF
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Valuation Metrics

The current forward P/E ratio for Bitfarms Ltd (BITF.O) is 84.11, compared to its 5-year average forward P/E of -20.17. For a more detailed relative valuation and DCF analysis to assess Bitfarms Ltd's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average PE
-20.17
Current PE
84.11
Overvalued PE
60.09
Undervalued PE
-100.42

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
6.88
Current EV/EBITDA
36.84
Overvalued EV/EBITDA
18.00
Undervalued EV/EBITDA
-4.23

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.18
Current PS
4.83
Overvalued PS
5.01
Undervalued PS
1.34

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Whales Holding BITF

C
Castleknight Management LP
Holding
BITF
+23.99%
3M Return
S
Situational Awareness LP
Holding
BITF
+6.33%
3M Return
B
BIT Capital GmbH
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3M Return

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Frequently Asked Questions

What is Bitfarms Ltd (BITF) stock price today?

The current price of BITF is 1.89 USD — it has increased 2.72

What is Bitfarms Ltd (BITF)'s business?

Bitfarms Ltd. is a Canada-based global Bitcoin and vertically integrated data center company that sells its computational power to one or more mining pools from which it receives payment in Bitcoin. It develops, owns, and operates vertically integrated mining facilities with in-house management and Company-owned electrical engineering, installation service, and multiple onsite technical repair centers. Its proprietary data analytics system delivers operational performance and uptime. The Company operates through the cryptocurrency mining segment. The activities of the Company mainly consist of selling its computational power used for hashing calculations for the purpose of cryptocurrency mining in multiple jurisdictions. Volta, a wholly owned subsidiary of the Company, assists the Company in building and maintaining its data centers. The Company operates Bitcoin data centers in four countries: the United States, Canada, Paraguay, and Argentina.

What is the price predicton of BITF Stock?

Wall Street analysts forecast BITF stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for BITF is4.60 USD with a low forecast of 3.00 USD and a high forecast of 6.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Bitfarms Ltd (BITF)'s revenue for the last quarter?

Bitfarms Ltd revenue for the last quarter amounts to 69.25M USD, increased 155.78

What is Bitfarms Ltd (BITF)'s earnings per share (EPS) for the last quarter?

Bitfarms Ltd. EPS for the last quarter amounts to -0.15 USD, increased 87.50

How many employees does Bitfarms Ltd (BITF). have?

Bitfarms Ltd (BITF) has 170 emplpoyees as of March 31 2026.

What is Bitfarms Ltd (BITF) market cap?

Today BITF has the market capitalization of 1.11B USD.