Data gathered: December 9
AI Stock Analysis - Bitfarms (BITF)
Analysis generated December 3, 2024. Powered by Chat GPT.
Bitfarms is a blockchain infrastructure company that operates large-scale cryptocurrency mining farms. Leveraging robust computing power and energy-efficient operations, Bitfarms focuses on mining Bitcoin and other cryptocurrencies. The company aims to maximize cost efficiency and growth through advanced technologies, strategic partnerships, and industry leadership in mining and data center operations.
Stock Alerts - Bitfarms (BITF)
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Bitfarms | December 9 Price is down by -5.5% in the last 24h. |
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Bitfarms | December 6 AI Score is down by 34.1% in the last couple of days. |
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Bitfarms | December 6 Price is up by 5.3% in the last 24h. |
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Bitfarms | December 5 Price is up by 6.8% in the last 24h. |
Alternative Data for Bitfarms
| Alternative Data | Value | 3m Change | Trend | Benchmark |
|---|---|---|---|---|
| Job Posts | 24 | Sign up | Sign up | Sign up |
| Sentiment | 90 | Sign up | Sign up | Sign up |
| Webpage traffic | 46,000 | Sign up | Sign up | Sign up |
| Employee Rating | 100 | Sign up | Sign up | Sign up |
| Google Trends | 43 | 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 | 18 | Sign up | Sign up | Sign up |
| Facebook Followers | 4,195 | Sign up | Sign up | Sign up |
| Instagram Followers | 7,568 | Sign up | Sign up | Sign up |
| Reddit Mentions | N/A | Sign up | Sign up | Sign up |
| Stocktwits Mentions | 13 | Sign up | Sign up | Sign up |
| Stocktwits Subscribers | 26,163 | Sign up | Sign up | Sign up |
| Twitter Followers | 31,478 | Sign up | Sign up | Sign up |
| Twitter Mentions | 55 | Sign up | Sign up | Sign up |
| Youtube Subscribers | 1,050 | 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 | 133 | 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 | $2.14 |
| Target Price | Sign up |
| Volume | 46,310,000 |
| Market Cap | $1.09B |
| Year Range | $1.59 - $3.15 |
| Dividend Yield | 0% |
| Analyst Rating | 100% buy |
| Industry | Crypto Mining |
In the news
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Financial Review: Binah Capital Group (NASDAQ:BCG) and Bitfarms (NASDAQ:BITF)December 7 - ETF Daily News |
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Bitfarms (NASDAQ:BITF) Coverage Initiated by Analysts at Alliance Global PartnersDecember 5 - ETF Daily News |
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Bitfarms initiated with a Buy at Alliance Global PartnersDecember 4 - Yahoo |
Bitfarms Provides November 2024 Production and Operations UpdateDecember 2 - Financial Post |
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Bitfarms Provides November 2024 Production and Operations UpdateDecember 2 - GlobeNewswire |
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Stock Traders Buy High Volume of Call Options on Bitfarms (NASDAQ:BITF)November 21 - ETF Daily News |
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.
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Riot BlockchainRIOT |
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Marathon DigitalMARA |
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Argo BlockchainARBK |
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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 $1.09B.
What is the current stock price of Bitfarms?
Currently, the price of one share of Bitfarms stock is $2.14.
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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