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Bitfarms Stock Price

Symbol: TSX:BITFMarket Cap: CA$942.3mCategory: Software

BITF Share Price Performance

Recent BITF News & Updates

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Bitfarms Ltd. Key Details

US$209.4m

Revenue

US$231.6m

Cost of Revenue

-US$22.2m

Gross Profit

US$61.7m

Other Expenses

-US$84.0m

Earnings

Last Reported Earnings
Mar 31, 2025
Next Reporting Earnings
n/a
Earnings per share (EPS)
-0.15
Gross Margin
-10.61%
Net Profit Margin
-40.09%
Debt/Equity Ratio
0.4%

Bitfarms Ltd. Competitors

 
 
 
 
 
 
 
 
 
 
 
 

About BITF

Founded
2017
Employees
170
CEO
Benjamin Gagnon
WebsiteView website
www.bitfarms.com

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 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.

Canadian Market Performance

  • 7 Days: 0.7%
  • 3 Months: 10.9%
  • 1 Year: 17.6%
  • Year to Date: 10.6%
Over the last 7 days, the market has remained flat, although notably the Healthcare sector gained 4.2% in that time. As for the longer term, the market has risen 18% in the past 12 months. Earnings are forecast to grow by 12% annually. Market details ›
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