BITF
BitfarmsBITF
BITF
About: Bitfarms Ltd engaged in the cryptocurrency Mining industry mainly consists of selling its computational power used for hashing calculations for cryptocurrency mining in multiple jurisdictions. Its geographic operations are currently located in Canada, the United States, Argentina. It owns and operates server farms comprised of computers designed to validate transactions on the Bitcoin Blockchain.
Employees: 170
0
Funds holding %
of 7,429 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
98% more call options, than puts
Call options by funds: $3.09M | Put options by funds: $1.56M
12% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 34
7% more capital invested
Capital invested by funds: $73.8M [Q1] → $79.1M (+$5.29M) [Q2]
0.06% more ownership
Funds ownership: 16.89% [Q1] → 16.96% (+0.06%) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
13% less funds holding
Funds holding: 144 [Q1] → 126 (-18) [Q2]
50% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 30
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$2
61%
upside
Avg. target
$2
61%
upside
High target
$2
61%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Jones Trading Stephen Glagola | 61%upside $2 | Buy Initiated | 21 Jul 2025 |
Financial journalist opinion
Based on 8 articles about BITF published over the past 30 days
Neutral
GlobeNewsWire
1 week ago
Bitfarms Appoints Former AWS Executive Wayne Duso to Board of Directors
TORONTO, Ontario and NEW YORK, N.Y., Aug. 18, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF) (the “Company”), a global energy and compute infrastructure company, today announced that the Board of Directors (the “Board”) has unanimously approved the appointment of Wayne Duso to the Company's Board, effective immediately. With the appointment of Mr. Duso, Bitfarms' Board is now comprised of seven directors, six of whom are independent.
Negative
Zacks Investment Research
1 week ago
Bitfarms Ltd. (BITF) Reports Q2 Loss, Lags Revenue Estimates
Bitfarms Ltd. (BITF) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.01.
Neutral
Seeking Alpha
1 week ago
Bitfarms Ltd. (BITF) Q2 2025 Earnings Call Transcript
Bitfarms Ltd. (NASDAQ:BITF ) Q2 2025 Earnings Conference Call August 12, 2025 8:00 AM ET Company Participants Benjamin J.
Positive
Zacks Investment Research
2 weeks ago
Bitfarms Ltd. (BITF) Expected to Beat Earnings Estimates: Should You Buy?
Bitfarms (BITF) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Neutral
GlobeNewsWire
3 weeks ago
Bragar Eagel & Squire, P.C. Reminds Investors in Bitfarms or Reddit of The Class Action Lawsuits Filed and Urges Investors to Inquire About Their Rights
Bragar Eagel & Squire, P.C. Litigation Attorney Brandon Walker Encourages Investors Who Suffered Losses In Bitfarms (BITF) or Reddit (RDDT) To Contact Him Directly To Discuss Their Options
Neutral
Zacks Investment Research
3 weeks ago
Bitfarms Ltd. (BITF) Registers a Bigger Fall Than the Market: Important Facts to Note
Bitfarms Ltd. (BITF) reached $1.24 at the closing of the latest trading day, reflecting a -3.13% change compared to its last close.
Neutral
GlobeNewsWire
4 weeks ago
Bragar Eagel & Squire, P.C. Reminds Investors in Bitfarms or Reddit of The Class Action Lawsuits Filed and Urges Investors to Inquire About Their Rights
Bragar Eagel & Squire, P.C. Litigation Attorney Brandon Walker Encourages Investors Who Suffered Losses In Bitfarms (BITF) or Reddit (RDDT) To Contact Him Directly To Discuss Their Options
Neutral
GlobeNewsWire
4 weeks ago
Bitfarms Announces Second Principal Executive Office in NYC and Initiates Conversion to U.S. GAAP
TORONTO and NEW YORK, July 28, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX: BITF) (the “Company”), a global energy and compute infrastructure company, today announced that the New York City office it acquired as part of the previous acquisition of Stronghold Digital Mining, Inc. will be identified as Bitfarms' second Principal Executive Office (“PEO”) in its filings with the securities commissions in Canada and with the United States Securities and Exchange Commission. The Company is also planning to prepare its financial statements under U.S. Generally Accepted Accounting Principles (“U.S. GAAP”) to better align with other companies within their industry. This transition from IFRS Accounting Standards to U.S. GAAP is expected to commence with the annual consolidated financial statements for the fiscal year ending December 31, 2025.
Neutral
Zacks Investment Research
1 month ago
Bitfarms Ltd. (BITF) Stock Dips While Market Gains: Key Facts
The latest trading day saw Bitfarms Ltd. (BITF) settling at $1.27, representing a -3.79% change from its previous close.
Neutral
GlobeNewsWire
1 month ago
Bitfarms Announces Corporate Share Buyback Program
This news release constitutes a “designated news release” for the purposes of the Company's second amended and restated prospectus supplement dated December 17, 2024, to its short form base shelf prospectus dated November 10, 2023.
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