Bitfarms Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of BITFD?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	1,523,632	0.274%
Public Companies	79,501,479	14.3%
Institutions	108,935,578	19.6%
General Public	366,000,901	65.8%

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 63.9%.

Top Shareholders

Top 25 shareholders own 31.06% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
14.3%	Riot Platforms, Inc.	79,501,479	US$66.7m	-11.8%	no data
2.13%	MM Asset Management Inc	11,852,745	US$9.9m	-11.2%	1.02%
2.02%	Van Eck Associates Corporation	11,235,913	US$9.4m	-10.5%	0.01%
1.67%	Heights Capital Management, Inc.	9,259,260	US$7.8m	0%	no data
1.32%	Invesco Capital Management LLC	7,362,205	US$6.2m	-31.7%	no data
1.2%	Vident Asset Management	6,686,681	US$5.6m	10.4%	0.07%
1.04%	UBS Asset Management AG	5,796,275	US$4.9m	-13.5%	no data
0.99%	Mirae Asset Global Investments Co., Ltd.	5,494,780	US$4.6m	28.6%	no data
0.94%	BIT Capital GmbH	5,203,749	US$4.4m	30.6%	0.38%
0.68%	Charles Schwab Investment Management, Inc.	3,808,165	US$3.2m	52.2%	no data
0.68%	State Street Global Advisors, Inc.	3,782,333	US$3.2m	2.21%	no data
0.6%	Geode Capital Management, LLC	3,323,846	US$2.8m	47.5%	no data
0.48%	Continental General Insurance Company, Asset Management Arm	2,695,233	US$2.3m	0%	0.56%
0.4%	Exchange Traded Concepts, LLC	2,219,070	US$1.9m	-2.42%	0.03%
0.4%	Susquehanna International Group, LLP, Asset Management Arm	2,203,440	US$1.8m	-57.7%	no data
0.37%	Invesco Ltd.	2,065,958	US$1.7m	-19.7%	no data
0.33%	Millennium Management LLC	1,850,630	US$1.6m	245%	no data
0.26%	BlackRock, Inc.	1,428,839	US$1.2m	13.4%	no data
0.21%	Galaxy Digital Capital Management LP	1,170,150	US$981.9k	0%	1.54%
0.19%	Morgan Stanley, Investment Banking and Brokerage Investments	1,073,091	US$900.5k	-62.3%	no data
0.19%	Marshall Wace LLP	1,065,080	US$893.8k	0%	no data
0.17%	Squarepoint OPS LLC	931,757	US$781.9k	23.4%	no data
0.17%	BetaShares Capital Limited	920,762	US$772.7k	3.28%	no data
0.16%	Swiss National Bank, Asset Management Arm	897,000	US$752.7k	27.1%	no data
0.16%	GWL Investment Management Ltd.	874,689	US$734.0k	5.12%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/06/15 03:22
End of Day Share Price	2025/06/13 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Bitfarms Ltd. is covered by 10 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Brian Kinstlinger	Alliance Global Partners
Martin Toner	ATB Capital Markets
Lucas Pipes	B. Riley Securities, Inc.