Data gathered: December 22
AI Stock Analysis - Bitfarms (BITF)
Analysis generated December 16, 2024. Powered by Chat GPT.
Bitfarms is a blockchain infrastructure company that operates one of the largest cryptocurrency mining operations across North America. The firm focuses on the mining of Bitcoin, leveraging cost-effective and environmentally friendly electricity to execute these operations. Given the volatile nature of the cryptocurrency markets, Bitfarms’ performance is closely related to movements in Bitcoin prices.
Stock Alerts - Bitfarms (BITF)
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Bitfarms | December 19 Price is down by -5.5% in the last 24h. |
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Bitfarms | December 18 Price is down by -5.3% in the last 24h. |
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Bitfarms | December 16 Price is up by 5.2% in the last 24h. |
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Bitfarms | December 11 Price is up by 5.2% in the last 24h. |
Alternative Data for Bitfarms
| Alternative Data | Value | 3m Change | Trend | Benchmark |
|---|---|---|---|---|
| Job Posts | 8 | 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 | 31 | 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 | 15 | Sign up | Sign up | Sign up |
| Facebook Followers | 4,202 | Sign up | Sign up | Sign up |
| Instagram Followers | 7,576 | Sign up | Sign up | Sign up |
| Reddit Mentions | 1 | Sign up | Sign up | Sign up |
| Stocktwits Mentions | 22 | Sign up | Sign up | Sign up |
| Stocktwits Subscribers | 26,145 | Sign up | Sign up | Sign up |
| Twitter Followers | 31,590 | Sign up | Sign up | Sign up |
| Twitter Mentions | 55 | Sign up | Sign up | Sign up |
| Youtube Subscribers | 1,060 | 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 | $1.68 |
| Target Price | Sign up |
| Volume | 54,960,000 |
| Market Cap | $797M |
| Year Range | $1.59 - $3.15 |
| Dividend Yield | 0% |
| Analyst Rating | 100% buy |
| Industry | Crypto Mining |
In the news
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Public Employees Retirement System of Ohio Acquires New Shares in Bitfarms Ltd. (NASDAQ:BITF)December 22 - ETF Daily News |
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Wellington Management Group LLP Decreases Stock Position in Bitfarms Ltd. (NASDAQ:BITF)December 21 - ETF Daily News |
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UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 70,462 Shares of Bitfarms Ltd. (NASDAQ:BITF)December 21 - ETF Daily News |
Bitfarms Files Second Amended and Restated Prospectus Supplement for its Existing At-the-Market Equity Offering ProgramDecember 17 - GlobeNewswire |
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Bitfarms (OTCMKTS:BFARF) Trading Down 6.6% – Here’s What HappenedDecember 10 - ETF Daily News |
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Zurcher Kantonalbank Zurich Cantonalbank Buys 15,167 Shares of Bitfarms Ltd. (NASDAQ:BITF)December 10 - 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.
Similar companies
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Riot BlockchainRIOT |
$11.55 0% | 50 |
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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 $797M.
What is the current stock price of Bitfarms?
Currently, the price of one share of Bitfarms stock is $1.68.
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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