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Bitfarms Ltd

Bitfarms Ltd (BITF)

2.555
-0.035
( -1.35% )
Updated: 15:35:14

Empower your portfolio: Real-time discussions and actionable trading ideas.

Key stats and details

Current Price
2.555
Bid
2.55
Ask
2.56
Volume
9,731,313
2.53 Day's Range 2.64
0.919 52 Week Range 3.91
Market Cap
Previous Close
2.59
Open
2.60
Last Trade
100
@
2.555
Last Trade Time
15:35:14
Financial Volume
$ 25,081,071
VWAP
2.5774
Average Volume (3m)
20,944,967
Shares Outstanding
409,306,939
Dividend Yield
-
PE Ratio
-13.77
Earnings Per Share (EPS)
-0.25
Revenue
149.06M
Net Profit
-104.04M

About Bitfarms Ltd

Bitfarms is a global, publicly traded (NASDAQ/TSX: BITF) Bitcoin mining company. Bitfarms develops, owns, and operates vertically integrated mining farms with in-house management and company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Company... Bitfarms is a global, publicly traded (NASDAQ/TSX: BITF) Bitcoin mining company. Bitfarms develops, owns, and operates vertically integrated mining farms with in-house management and company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Companyâ¿¿s proprietary data analytics system delivers best-in-class operational performance and uptime.Bitfarms currently has 10 farms, which are located in four countries: Canada, the United States, Paraguay, and Argentina. Powered by predominantly environmentally friendly hydro-electric and long-term power contracts, Bitfarms is committed to using sustainable, locally based, and often underutilized energy infrastructure. Show more

Sector
Security Brokers & Dealers
Industry
Security Brokers & Dealers
Headquarters
Toronto, Ontario, Can
Founded
1970
Bitfarms Ltd is listed in the Security Brokers & Dealers sector of the NASDAQ with ticker BITF. The last closing price for Bitfarms was $2.59. Over the last year, Bitfarms shares have traded in a share price range of $ 0.919 to $ 3.91.

Bitfarms currently has 409,306,939 shares outstanding. The market capitalization of Bitfarms is $1.43 billion. Bitfarms has a price to earnings ratio (PE ratio) of -13.77.

Bitfarms (BITF) Options Flow Summary

Overall Flow

Bullish

Net Premium

134k

Calls / Puts

100.00%

Buys / Sells

100.00%

OTM / ITM

0.00%

Sweeps Ratio

0.00%

BITF Latest News

BTC Price Struggles at $60K, Jesse Powell Supports Trump with Donation, Phantom Wallet Fake App Warning

Bitcoin struggles to maintain $60,000 After a promising start to 2024, with optimistic predictions that Bitcoin would reach $100,000, the price faced intense selling pressure in April and June...

Bitfarms Announces Appointment of Fanny Philip to Board of Directors

This news release constitutes a β€œdesignated news release” for the purposes of the Company’s prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10...

SolarEdge Stock Falls 13%, Wegovy Approved in China, Grail Nasdaq Debut, Apple Rejects Meta Chatbot

SolarEdge Technologies (NASDAQ:SEDG) – SolarEdge Technologies faces a 13.1% drop in pre-market trading after announcing the issuance of $300 million in senior convertible notes due 2029 and...

Bitcoin Drops to $60,000, Mt. Gox to Reimburse Creditors in July, Riot Platforms Board Restructures

Bitcoin drops to $60,000, lowest level in over a month The price of Bitcoin (COIN:BTCUSD) continued its decline, reaching a low of $59,668.41 on Monday. The cryptocurrency is down 4.5% at the...

Bitfarms Receives Shareholder Meeting Requisition

Reiterates Commitment to Strategic Alternative Review Process to Maximize Shareholder Value No Shareholder Action Required at this Time This news release constitutes a β€œdesignated news release”...

Riot Requisitions Special Meeting of Bitfarms Shareholders and Nominates Three Highly Qualified, Independent Directors to Bring Urgently Needed Change to Bitfarms Board

New Independent Directors Are Necessary to Fix Bitfarms’ Broken Corporate Governance and to Oversee a Fair Strategic Alternatives Process Riot Urges the Bitfarms Board to Ensure Shareholders Are...

Miners’ Selling Trends, Bernstein’s Stellar Bitcoin Price Projections, and More in Crypto

Bitcoin recovers slightly; hash rate drop indicates possible miner capitulation After a negative day for the crypto sector, Bitcoin (COIN:BTCUSD) recovered by 0.60% on Friday morning, priced at...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.415-13.97306397312.972.97452.53213710142.7466419CS
40.27512.06140350882.283.282.14281627142.67628289CS
120.42519.95305164322.133.281.5303209449672.25773097CS
26-0.845-24.85294117653.43.911.5303241421412.51311392CS
521.12578.67132867131.433.910.919194180562.28048098CS
156-1.6505-39.24622518134.20559.350.37699366652.65118006CS
260-1.485-36.75742574264.049.350.37698875172.65371955CS

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BITF Discussion

View Posts
steez steez 4 hours ago
Lol
πŸ‘οΈ0
Gary Ray Gary Ray 4 hours ago
Guys!!! Stop PMing me!!! If you didn’t sell at $3.00 then no one to blame but you. Don’t be greedy
πŸ‘οΈ0
steez steez 8 hours ago
Lol douchebag lololololl wow rookie
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Gary Ray Gary Ray 1 day ago
That douchebag keeps PMing me and instigating. I turned off alerts here but he keeps messaging.
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stockhero stockhero 1 day ago
You are worse now than when you said you would stop.
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Gary Ray Gary Ray 1 day ago
Exactly
Let it all out

Looks like another down day for you premarket :)
πŸ‘οΈ0
steez steez 1 day ago
💩🖕
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Gary Ray Gary Ray 1 day ago
These cutesy little emojis you are sending are the only thing you got going on with your BITF holdings. It’s most certainly not profits :)

Good luck making no money
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steez steez 1 day ago
🖕
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Gary Ray Gary Ray 2 days ago
Starting fights with everyone I see. Guess now we know who the money losing bagholder of the forum is. Hahahaha :)

Good luck ladee
See you when it goes down to $1.75
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TaperT2 TaperT2 2 days ago
Lmfao You Guys Are a Riot , Now when is the Push gonna Start 4q ,1q 25 , if so im going for long ride , Sturgis
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nowwhat2 nowwhat2 2 days ago
Love your style

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steez steez 2 days ago
Nowwhatidiot2 youre a rΓ©al dummie go see mommy mrs crapy chartist
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steez steez 2 days ago
🖕🖕💩🤡💩🤡
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nowwhat2 nowwhat2 2 days ago
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174648387

https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=bitf&x=33&y=22&time=5&startdate=1%2F4%2F2014&enddate=7%2F10%2F2024&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=50+200&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11
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glenn1919 glenn1919 3 days ago
BITF...............................https://stockcharts.com/h-sc/ui?s=BITF&p=W&b=5&g=0&id=p86431144783
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Gary Ray Gary Ray 3 days ago
You make no money here. Just spewing nonsense. Got my short order filled so doesn’t even matter if you even exist - you won’t be missed :)
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steez steez 3 days ago
Dummie change youre name for nowwhatiam Γ  idiot 2 😊🤑🖕🖕
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steez steez 3 days ago
The clown is you dummie check today upupuupupupup 😃🤑👆👆👆🖕
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Gary Ray Gary Ray 4 days ago
You a clown and a lie
You got nothing for 1.90 except for a Dr Pepper soda

Stop spreading fakeness
πŸ‘οΈ0
steez steez 4 days ago
Dummie got to youre crapy chart on btc by the way its time to ad Dummie m'y avertie is 1.90 its all good Dummie
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steez steez 4 days ago
🖕🖕💩🤡💩🤡
πŸ‘οΈ0
Gary Ray Gary Ray 4 days ago
Haha. That was me filled on the short. Let’s see a bloodbath then next couple of trading days
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nowwhat2 nowwhat2 4 days ago
Steez get burn




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DBS DBS 5 days ago
Thank you, you too! 👍️
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steez steez 5 days ago
Lol you going to get burn whit youre short position lolol watch and learn
πŸ‘οΈ0
Gary Ray Gary Ray 6 days ago
RIOT = BITF twin loser
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Gary Ray Gary Ray 6 days ago
I did stop, but you ninjas keep messaging me, cause you are losing $, cause you’re burning inside. Understandable.
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stockhero stockhero 6 days ago
Good luck with everything! I have a good amount of shares averaging at exactly 2. I have very high hopes that by 2027 to 2030 this will be extremely big and hopefully climbing steadily until then. Good luck with RIOT. I may have to think more about that one.
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stockhero stockhero 6 days ago
Gary...seriously you can do what you want. Enjoy being here. I'm just a guy who loves investing and having fun. I just thought when you said if it reaches 2.5 you will just stop your daily putdowms of investors who own this. Cheers.
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Gary Ray Gary Ray 6 days ago
Well GL to all involved. But I might be betting the other way
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Gary Ray Gary Ray 6 days ago
Ya but these bums keep replying.
I left and all these PM and notifications kept poppping up. What I should do?
πŸ‘οΈ0
DBS DBS 7 days ago
You've been on ihub a little longer than I have. I don't post as much as I used to, but You should know by now, Trolls will be Trolls, which is all they have.And... By all means, don't feed them.
BITF has been a good play, plain and simple! I jumped in last month with 35K shares at an average of 1.78 and sold a bit too early last week at 2.91, but because of the way this is has been moving the past week, I jumped back in today with a 1/2 position of 15k shares at an average 2.87. Still looking for a little more down side next week as I am with RIOT, which I also got back into today with 1/2 position.

This will do very well in the coming months after BTC finally bottoms. GL
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stockhero stockhero 7 days ago
You said you would stop your nonsense when it hit 2.5. It went over 3.
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steez steez 1 week ago
You Will see next week uupupupppupuupuupupup go for it
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Gary Ray Gary Ray 1 week ago
LOLOLOL buddy, I got some short orders lined up, what buy next week? You mad?
πŸ‘οΈ0
Gary Ray Gary Ray 1 week ago
They! LOL dumbest comment ever.
Who’s they? It’s up to market to decide and a 15% hit today speaks volume. Soft as sh!t
Baby sh!t. Time to short this loser
πŸ‘οΈ0
steez steez 1 week ago
Lol no you Will lose big its time to get more next week we Turing big listen to expΓ©rience lololooooo this Will go 5$ and + imo learn from steez money cash flow lololollllllllllll
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Smallblock Smallblock 1 week ago
Lol... do it. They raised the target to 5.50
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Gary Ray Gary Ray 1 week ago
Time to short sell and to short heavy

Anyone want to borrow me shares?
πŸ‘οΈ0
steez steez 1 week ago
Loooolllll it did 100% 1.60 to 3.20 in few week wake up smell the Coffee normal pull back . Learn from it time to get more
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Gary Ray Gary Ray 1 week ago
LOOOOOOOL couldn’t keep it hard huh?
Essentially yesterday was your last chance to sell
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Gary Ray Gary Ray 2 weeks ago
Well done y’all

Should jump back in or nah?
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glenn1919 glenn1919 2 weeks ago
BITF.................................https://stockcharts.com/h-sc/ui?s=BITF&p=W&b=5&g=0&id=p86431144783
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steez steez 2 weeks ago
Watch and learn How to $$$$$$$$
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steez steez 2 weeks ago
Hey dummie love m'y bag now $$$$$$"
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Going_4_It Going_4_It 2 weeks ago
I read the article and I still don't believe a "Poison Pill" is worth the paper it is printed on.

You said "...can't..." buy shares and on that point I respectfully disagree. If you said "shouldn't" then I might agree, because of the problem that might result. This ios a Cause and Effect situation and that is all it is.

Now I am NOT saying RIOT should ignore the Poison Pill and go ahead and buy more shares. WHAT I AM SAYING is that words on a piece of paper, as in this so call "poison Pill" have no real power to stop it. In this day and age virtually everything is for sale, for example, when you can get any outcome you want in court by simply giving a Supreme Court Justice a ride on you fancy airplane. Anything is possible where money is involved and there are greedy people controlling the situation.

Furthermore, my shares are my personal property. I can sell them to whom ever I please. There might be a mechanism implemented on the U.S. exchanges that implement the poison pill. But not so in a private sale. There is more than one way to sell anything, should there be The Will, there is always The Way

The article you cited says the following:

"Investors who can't convince a company to drop its poison pill can attempt to persuade shareholders to replace the board."

So what we are really talking about is Voting Power, as in One Share-One Vote. Obviously, RIOT seeks seats on the BOD. In that regard I could give RIOT my voting Proxy for the shares I own. I don't think RIOT necessarily wants to own the shares, per se. Certainly they have better uses for their money.

Finally, I think the point of CAN or CAN NOT buy shares is moot. Because I happen to be well aware of what courts are capable of and what a good lawyer can achieve.
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TaperT2 TaperT2 2 weeks ago
Here Learn some then give your guesses


https://www.investopedia.com/terms/p/poisonpill.asp
πŸ‘οΈ0
TaperT2 TaperT2 2 weeks ago
Well if you did some dd here , they cant buy any reduced shares once enacted


Poison pills are provisions companies include in their stock issuances that prevent anyone from gaining a controlling stake. They usually have share ownership thresholds set that trigger the issue of more shares to stockholders for a discount or for free. Thus, poison pills reduce a would-be acquirer's stake in a company, forcing them to negotiate with the board for ownership rather than forcing their way in through stock ownership.
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boo boo boo boo 2 weeks ago
14% as of yesterday.
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