Data gathered: November 24
AI Stock Analysis - Bitfarms (BITF)
Analysis generated November 15, 2024. Powered by Chat GPT.
Bitfarms is a public company focusing on cryptocurrency mining, mainly Bitcoin. Their operations are spread across various mining facilities primarily using renewable energy sources, thus presenting an environmentally friendly approach to crypto mining. By constantly improving their infra-technology, they aim to maintain a competitive edge in the rapidly evolving blockchain industry.
Stock Alerts - Bitfarms (BITF)
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Bitfarms | November 21 Price is up by 5.5% in the last 24h. |
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Bitfarms | November 19 Price is up by 5.1% in the last 24h. |
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Bitfarms | November 18 Price is down by -5.6% in the last 24h. |
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Bitfarms | November 15 Price is up by 5.2% in the last 24h. |
Alternative Data for Bitfarms
| Alternative Data | Value | 3m Change | Trend | Benchmark |
|---|---|---|---|---|
| Job Posts | 26 | Sign up | Sign up | Sign up |
| Sentiment | 90 | Sign up | Sign up | Sign up |
| Webpage traffic | 20,000 | Sign up | Sign up | Sign up |
| Employee Rating | 100 | Sign up | Sign up | Sign up |
| Google Trends | 18 | Sign up | Sign up | Sign up |
| Patents | N/A | Sign up | Sign up | Sign up |
| 4chan Mentions | N/A | Sign up | Sign up | Sign up |
| Facebook Engagement | 68 | Sign up | Sign up | Sign up |
| Facebook Followers | 4,173 | Sign up | Sign up | Sign up |
| Instagram Followers | 7,566 | Sign up | Sign up | Sign up |
| Reddit Mentions | 14 | Sign up | Sign up | Sign up |
| Stocktwits Mentions | 59 | Sign up | Sign up | Sign up |
| Stocktwits Subscribers | 26,057 | Sign up | Sign up | Sign up |
| Twitter Followers | 31,351 | Sign up | Sign up | Sign up |
| Twitter Mentions | 55 | Sign up | Sign up | Sign up |
| Youtube Subscribers | 1,040 | Sign up | Sign up | Sign up |
| News Mentions | 1 | Sign up | Sign up | Sign up |
| Customer reviews | N/A | Sign up | Sign up | Sign up |
| Business Outlook | 47 | Sign up | Sign up | Sign up |
| Linkedin Employees | 130 | Sign up | Sign up | Sign up |
About Bitfarms
Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees.
| Price | $2.11 |
| Target Price | Sign up |
| Volume | 55,340,000 |
| Market Cap | $970M |
| Year Range | $1.59 - $3.15 |
| Dividend Yield | 0% |
| Analyst Rating | 100% buy |
| Industry | Crypto Mining |
In the news
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Stock Traders Buy High Volume of Call Options on Bitfarms (NASDAQ:BITF)November 21 - ETF Daily News |
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Bitfarms Announces Results of Special Meeting of ShareholdersNovember 20 - Investing.com |
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HC Wainwright Reaffirms Buy Rating for Bitfarms (NASDAQ:BITF)November 17 - ETF Daily News |
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ATB Capital Has Lowered Expectations for Bitfarms (TSE:BITF) Stock PriceNovember 17 - ETF Daily News |
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Bitfarms: Takeover Abated, Still A Work In ProgressNovember 13 - SeekingAlpha |
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Bitfarms Ltd. (BITF) Q3 2024 Earnings Call TranscriptNovember 12 - SeekingAlpha |
Financial performance View All
| Revenue | Cost of Revenue | Gross Profit | Net Income | ebitda | EPS | |
|---|---|---|---|---|---|---|
| Q3 '24 | 45M | 57M | -12M | -37M | -7.4M | -0.080 |
| Q2 '24 | 42M | 53M | -11M | -27M | 24M | -0.070 |
| Q1 '24 | 50M | 61M | -11M | -6M | 27M | -0.020 |
| Q4 '23 | 48M | 46M | 1.8M | -59M | 7.2M | -0.190 |
| Q3 '23 | 48M | 46M | 1.8M | -59M | -36M | -0.070 |
Insider Transactions View All
No recorded Insider transactions.
Similar companies
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Riot BlockchainRIOT |
$12.31 0% | 58 |
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Marathon DigitalMARA |
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Argo BlockchainARBK |
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Iris EnergyIREN |
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Read more about Bitfarms (BITF) and their ai stock analysis, price prediction, earnings, congress trading, insider transactions, technical analysis, job posts, sentiment, webpage traffic, employee rating, google trends, patents, 4chan mentions, facebook engagement, facebook followers, instagram followers, reddit mentions, stocktwits mentions, stocktwits subscribers, twitter followers, twitter mentions, youtube subscribers, news mentions, customer reviews, business outlook & linkedin employees.
What is the Market Cap of Bitfarms?
The Market Cap of Bitfarms is $970M.
What is the current stock price of Bitfarms?
Currently, the price of one share of Bitfarms stock is $2.11.
How can I analyze the BITF stock price chart for investment decisions?
The BITF stock price chart above provides a comprehensive visual representation of Bitfarms' stock performance over time. Investors can use this chart to identify patterns, trends, and potential support or resistance levels. By examining historical data and recent price movements, investors can make more informed decisions regarding buying, holding, or selling Bitfarms shares. Our platform offers an up-to-date BITF stock price chart, along with technical data analysis and alternative data insights.
Does BITF offer dividends to its shareholders?
As of our latest update, Bitfarms (BITF) does not offer dividends to its shareholders. Investors interested in Bitfarms should consider the potential for capital appreciation as the primary return on investment, rather than expecting dividend payouts.
What are some of the similar stocks of Bitfarms?
Some of the similar stocks of Bitfarms are Riot Blockchain, Marathon Digital, Argo Blockchain, Iris Energy, and Hut 8.
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