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Bitfarms Ltd. - Common Stock (BITF)

1.0800
+0.0700 (6.93%)

Bitfarms Ltd is a prominent cryptocurrency mining company that specializes in the production of Bitcoin through the use of advanced hardware and technology

The company operates large-scale mining facilities equipped with high-performance mining rigs, leveraging renewable energy sources to power its operations. Bitfarms is dedicated to optimizing the efficiency of its mining processes while maintaining a commitment to sustainability and environmentally friendly practices. In addition to its mining activities, the company is involved in the broader blockchain ecosystem, contributing to the growth and development of the digital currency landscape.

SummaryNewsPress ReleasesChartHistoricalFAQ
Previous Close1.010
Open1.010
Bid1.070
Ask1.080
Day's Range1.015 - 1.100
52 Week Range0.9900 - 3.280
Volume17,723,962
Market Cap-
PE Ratio (TTM)-
EPS (TTM)-
Dividend & YieldN/A (N/A)
1 Month Average Volume32,594,697

News & Press Releases

Bitfarms Schedules Fourth Quarter and Full Year 2024 Conference Call on March 27, 2025
TORONTO, Ontario, March 19, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global Bitcoin and vertically integrated data center company, will report its fourth quarter and full year 2024 financial results on Thursday, March 27 before the market opens. Management will host a conference call on the same day at 8:00 am EST. All Q4 2024 materials will be available before the call and can be accessed on the ‘Financial Results’ section of the Bitfarms investor site.
By Bitfarms Ltd. · Via GlobeNewswire · March 19, 2025
Bitfarms Completes Strategic Sale of its Yguazu, Paraguay Data Center
-Accretive transaction valued at approximately U.S. $85 million-
By Bitfarms Ltd. · Via GlobeNewswire · March 18, 2025
Rosen Law Firm Encourages Bitfarms Ltd. Investors to Inquire About Securities Class Action Investigation – BITF
Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Bitfarms (NASDAQ: BITF) resulting from allegations that Bitfarms may have issued materially misleading business information to the investing public.
By The Rosen Law Firm, P.A. · Via Business Wire · March 17, 2025
Bitfarms Stock Dips On Bitcoin’s Weakness Despite Stronghold Acquisition– But Retail Sentiment Improvesstocktwits.com
Bitfarms CEO Ben Gagnon said the acquisition strengthens the company’s presence in the U.S. market, particularly in the PJM region.
Via Stocktwits · March 17, 2025
Bitcoin Miners Hit Rock Bottom? Valuations Slip Below Key Average For First Time In A Yearbenzinga.com
Bitcoin (CRYPTO: BTC) mining stocks just hit a rough patch. According to JPMorgan analyst Reginald L.
Via Benzinga · March 17, 2025
Bitfarms Advances U.S. Strategy with Completion of Stronghold Digital Mining Acquisition
-1.1 GW PA Growth Pipeline Strategically Located for HPC/AI and BTC Mining-- Positions Bitfarms as the leading Bitcoin miner in PJM market-
By Bitfarms Ltd. · Via GlobeNewswire · March 17, 2025
Bitwise Launches ETF Tracking Firms With Over 1,000 Bitcoinbenzinga.com
Crypto asset manager Bitwise Asset Management, overseeing $12 billion in client assets, has announced the launched the Bitwise Bitcoin Standard Corporations ETF (NYSE:OWNB) on NYSE Arca, targeting companies holding at least 1,000 Bitcoin (CRYPTO:
Via Benzinga · March 12, 2025
Bitfarms Announces Participation in Upcoming Investor and Industry Conferences
TORONTO, Ontario, March 04, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global Bitcoin and vertically integrated data center company, today announced its participation in three upcoming investor and industry conferences.
By Bitfarms Ltd. · Via GlobeNewswire · March 4, 2025
Bitfarms Provides February 2025 Production and Operations Update
- Operational hashrate of 16.1 EH/s –- Acquisition of Stronghold Digital Mining & sale of Yguazu site on track for Q1 2025 close –-Appoints Craig Hibbard to SVP of Infrastructure-
By Bitfarms Ltd. · Via GlobeNewswire · March 3, 2025
Stronghold Stockholders Overwhelmingly Approve Merger with Bitfarms
NEW YORK, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, the “Company”, or “we”) today announced that its stockholders have overwhelmingly voted “FOR” the pending merger (the “Merger”) between Stronghold and Bitfarms Ltd. (NASDAQ/TSX: BITF) (“Bitfarms”).
By Stronghold Digital Mining, Inc. · Via GlobeNewswire · February 27, 2025
Stronghold Urges Stockholders to Follow the “FOR” Recommendation of ISS and Glass Lewis and Support the Pending Merger With Bitfarms at the Upcoming Special Meeting
NEW YORK, Feb. 19, 2025 (GLOBE NEWSWIRE) -- Stronghold Digital Mining, Inc. (NASDAQ: SDIG) (“Stronghold”, the “Company”, or “we”) today announced that the world’s leading independent proxy advisory firms, Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”), have each recommended that Stronghold stockholders vote “FOR” the pending merger (the “Merger”) between Stronghold and Bitfarms Ltd. (NASDAQ/TSX: BITF) at the upcoming special meeting of the Company’s stockholders on February 27, 2025.
By Stronghold Digital Mining, Inc. · Via GlobeNewswire · February 19, 2025
Should Investors Stay Away From Crypto as the Tariff War Heats Up?fool.com
Via The Motley Fool · February 6, 2025
Bitfarms Provides January 2025 Production and Operations Update
- Operational hashrate of 15.2 EH/s -- Energized two North American sites, Sharon PA & Baie-Comeau QC -- Binding LOI with HIVE for sale of 200 MW Yguazu site; Expected Q1 2025 close -- Acquisition of Stronghold Digital Mining on track for Q1 2025 close -- Signed agreements with ASG and WWT to develop HPC/AI business -
By Bitfarms Ltd. · Via GlobeNewswire · February 3, 2025
What's Going On With Bitfarms Stock Today?benzinga.com
Bitfarms stock rises after announcing strategic plans for HPC/AI growth. The company recently announced a $85M sale of its Paraguay mining site.
Via Benzinga · January 31, 2025
Bitfarms Engages Strategic Partners to Develop HPC/AI Business
-Engages expert consultants ASG & World Wide Technology-
By Bitfarms Ltd. · Via GlobeNewswire · January 31, 2025
Bitcoin Miners Hive, Bitfarms Rise Pre-Market On $85M Paraguay Site Deal: Retail Has Mixed Feelingsstocktwits.com
Hive said the acquisition would more than triple its hashrate to 25 exahash per second (Eh/s) by September 2025.
Via Stocktwits · January 28, 2025
Bitfarms Enters into a Binding LOI with HIVE Digital Technologies for the Sale of its Yguazu, Paraguay Site
-Bitfarms to reinvest capital in US growth opportunities-
By Bitfarms Ltd. · Via GlobeNewswire · January 28, 2025
Bitcoin Mining Stocks Surge As Trump Reportedly Eyes Crypto As 'National Priority': Retail Sentiment Bullishstocktwits.com
According to JP Morgan, 12 out of 14 publicly traded miners outperformed Bitcoin in the first two weeks of January with Riot Platforms posting the most gains.
Via Stocktwits · January 17, 2025
Bitcoin Mining Woes Drag Bitfarms Stock To 1-Year Low Amid Crypto Rout: Retail Sentiment Splintersstocktwits.com
Bitcoin hit its lowest levels since November, trading at $89,260 after strong U.S. jobs data led major investment banks to scale back expectations for Federal Reserve rate cuts.
Via Stocktwits · January 13, 2025
Bitfarms to Present at Needham Growth Conference in NYC
TORONTO, Ontario and BROSSARD, Québec, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF) (“Bitfarms”), a global vertically integrated Bitcoin data center company, will be attending Needham’s 27th Annual Growth Conference, taking place from January 14-15th in New York City. Bitfarms CEO Ben Gagnon, CFO Jeff Lucas, and SVP IR & Corp. Comms. Tracy Krumme will be conducting investor meetings with a presentation at the following time:
By Bitfarms Ltd. · Via GlobeNewswire · January 8, 2025
Bitfarms Provides December 2024 Production and Operations Update
- Increased hashrate 97% Y/Y to 12.8 EH/s - - Improved efficiency 40% Y/Y to 21 w/TH -- Earned 2,914 BTC for full-year 2024 -- Expanded operational MW 35% Y/Y to 324MW -- Acquisition of Stronghold Digital Mining on track to close in Q1 2025 -
By Bitfarms Ltd. · Via GlobeNewswire · January 2, 2025
Bitfarms Files Second Amended and Restated Prospectus Supplement for its Existing At-the-Market Equity Offering Program
-US$87 million remains on the ATM-
By Bitfarms Ltd. · Via GlobeNewswire · December 17, 2024
Why Riot Platforms Stock Blasted Nearly 5% Higher on Thursdayfool.com
Via The Motley Fool · December 12, 2024
Bitfarms Announces Restatement of Previously Issued Financial Statements
This news release constitutes a “designated news release” for the purposes of the Company’s amended and restated prospectus supplement dated October 4, 2024, to its short form base shelf prospectus dated November 10, 2023.
By Bitfarms Ltd. · Via GlobeNewswire · December 9, 2024
This Veeva Systems Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Wednesdaybenzinga.com
Via Benzinga · December 4, 2024