Symbols / BITF
BITF Chart
About
Bitfarms Ltd. operates integrated bitcoin data centers in Canada, the United States, Paraguay, and Argentina. It primarily owns and operates data centers housing computers to validate transactions on the bitcoin blockchain, as well as sells computational power used for hashing calculations for cryptocurrency mining in multiple jurisdictions. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. The company was formerly known as Bitfarms Technologies Ltd and changed its name to Bitfarms Ltd. in October 2018. The company was founded in 2017 and is based in Toronto, Canada.
Fundamentals
Scroll to Statements| Sector | Financial Services | Industry | Capital Markets | Market Cap | 1.32B |
| Enterprise Value | 1.30B | Income | -70.21M | Sales | 276.41M |
| Book/sh | 1.09 | Cash/sh | 0.14 | Dividend Yield | — |
| Payout | 0.00% | Employees | — | IPO | — |
| P/E | — | Forward P/E | -55.00 | PEG | — |
| P/S | 4.76 | P/B | 2.03 | P/C | — |
| EV/EBITDA | 43.48 | EV/Sales | 4.71 | Quick Ratio | 0.77 |
| Current Ratio | 3.20 | Debt/Eq | 12.05 | LT Debt/Eq | — |
| EPS (ttm) | -0.13 | EPS next Y | -0.04 | EPS Growth | — |
| Revenue Growth | 155.80% | Earnings | 2026-03-26 | ROA | -8.17% |
| ROE | -12.50% | ROIC | — | Gross Margin | 4.61% |
| Oper. Margin | -28.77% | Profit Margin | -46.38% | Shs Outstand | 597.92M |
| Shs Float | 569.84M | Short Float | 11.46% | Short Ratio | 1.67 |
| Short Interest | — | 52W High | 6.60 | 52W Low | 0.67 |
| Beta | 4.40 | Avg Volume | 43.78M | Volume | 31.13M |
| Target Price | $5.43 | Recom | None | Prev Close | $2.04 |
| Price | $2.20 | Change | 7.84% |
Valuation Models
Price estimates from analyst targets and simple models.
1. Analyst consensus
$5.43
Mean price target
2. Current target
$2.34
Latest analyst target
3. DCF / Fair value
$-5.37
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$2.34
Low
$3.00
High
$7.00
Mean
$5.43
Latest analyst rating changes
| Date | Action | Analyst | Rating Change | Price Target |
|---|---|---|---|---|
| 2026-01-27 | down | Keefe, Bruyette & Woods | Outperform → Market Perform | $3 |
| 2025-11-14 | main | Cantor Fitzgerald | Overweight → Overweight | $5 |
| 2025-11-14 | reit | HC Wainwright & Co. | Buy → Buy | $4 |
| 2025-07-21 | init | Jones Trading | — → Buy | $2 |
| 2025-03-27 | main | HC Wainwright & Co. | Buy → Buy | $4 |
| 2024-12-04 | init | Alliance Global Partners | — → Buy | $6 |
| 2024-11-14 | reit | HC Wainwright & Co. | Buy → Buy | $4 |
| 2024-10-03 | reit | Cantor Fitzgerald | Overweight → Overweight | $5 |
| 2024-09-23 | reit | HC Wainwright & Co. | Buy → Buy | $4 |
| 2024-09-03 | reit | Cantor Fitzgerald | Overweight → Overweight | $5 |
| 2024-08-22 | reit | HC Wainwright & Co. | Buy → Buy | $4 |
| 2024-08-12 | reit | HC Wainwright & Co. | Buy → Buy | $4 |
| 2024-07-18 | reit | HC Wainwright & Co. | Buy → Buy | $4 |
| 2024-07-09 | reit | HC Wainwright & Co. | Buy → Buy | $4 |
| 2024-06-17 | reit | HC Wainwright & Co. | Buy → Buy | $4 |
| 2024-05-17 | main | B. Riley Securities | Buy → Buy | $3 |
| 2024-04-25 | init | Northland Capital Markets | — → Outperform | $4 |
| 2024-04-01 | reit | Cantor Fitzgerald | Overweight → Overweight | $4 |
| 2024-03-28 | reit | Cantor Fitzgerald | Overweight → Overweight | $4 |
| 2024-03-26 | reit | HC Wainwright & Co. | Buy → Buy | $4 |
- Why Bitfarms is shifting to the U.S. and rebranding as Keel Infrastructure - Stock Titan ue, 24 Feb 2026 22
- Bitfarms Stock Forecast 2026–2030 | Future Outlook - Capital.com Wed, 25 Feb 2026 09
- Bitfarms Ltd. (BITF) Stock Slides as Market Rises: Facts to Know Before You Trade - Yahoo Finance ue, 17 Feb 2026 08
- Bitfarms Sets Shareholder Vote on U.S. Move and Rebrand to Keel Infrastructure - TipRanks ue, 24 Feb 2026 23
- Bitfarms (NASDAQ:BITF) Stock Price Down 8.9% - What's Next? - MarketBeat Wed, 04 Feb 2026 08
- (BITF) Long Term Investment Analysis (BITF:CA) - Stock Traders Daily ue, 03 Feb 2026 08
- Bitfarms To Reshape Future With Debt Repayment and US Strategy - StocksToTrade ue, 24 Feb 2026 19
- Bitfarms (BITF) Stock Deserves Higher Multiple as Q3 Earnings Show Strategic Pivot to High-Margin AI Energy Facilities - Yahoo Finance Mon, 15 Dec 2025 08
- BIT Capital GmbH Has $9.69 Million Stock Position in Bitfarms Ltd. $BITF - MarketBeat Fri, 20 Feb 2026 11
- From Bitcoin to AI data centers: Bitfarms plans U.S. reboot - Stock Titan Fri, 06 Feb 2026 08
- Bitfarms Ltd. (BITF) Sees a More Significant Dip Than Broader Market: Some Facts to Know - Yahoo Finance Fri, 30 Jan 2026 08
- Bitfarms Ltd. (BITF) Stock Declines While Market Improves: Some Information for Investors - Yahoo Finance Mon, 27 Oct 2025 07
- Why Bitfarms (BITF) Stock Is Rocketing 10% Higher Today - Yahoo Finance Fri, 28 Nov 2025 08
- Is Bitfarms (TSX:BITF) Undervalued After Its Recent Share Price Pullback? - Yahoo Finance hu, 18 Dec 2025 08
- Why Bitfarms Ltd. (BITF) is One of the Best Strong Buy Penny Stocks to Invest In - Yahoo Finance Fri, 13 Feb 2026 08
Insider Transactions
No recent insider transactions.
Financials
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| TaxEffectOfUnusualItems | 7.17M | -135.80K | -11.91M | 922.20K |
| TaxRateForCalcs | 0.21 | 0.00 | 0.09 | 0.27 |
| NormalizedEBITDA | 40.06M | 16.56M | 24.51M | 67.05M |
| TotalUnusualItems | 34.29M | -37.02M | -130.92M | 3.48M |
| TotalUnusualItemsExcludingGoodwill | 34.29M | -37.02M | -130.92M | 3.48M |
| NetIncomeFromContinuingOperationNetMinorityInterest | -54.06M | -108.92M | -175.64M | 22.13M |
| ReconciledDepreciation | 140.97M | 84.78M | 72.42M | 24.48M |
| ReconciledCostOfRevenue | 225.24M | 167.87M | 131.91M | 58.37M |
| EBITDA | 74.35M | -20.46M | -106.42M | 70.53M |
| EBIT | -66.61M | -105.24M | -178.84M | 46.06M |
| NetInterestIncome | 956.00K | -5.60M | -14.39M | -23.86M |
| InterestExpense | 1.74M | 4.08M | 14.22M | 3.42M |
| InterestIncome | 6.04M | 1.42M | 456.00K | |
| NormalizedIncome | -81.18M | -72.03M | -56.63M | 19.57M |
| NetIncomeFromContinuingAndDiscontinuedOperation | -54.06M | -108.92M | -175.64M | 22.13M |
| TotalExpenses | 296.48M | 213.06M | 190.17M | 106.47M |
| TotalOperatingIncomeAsReported | -107.56M | -72.13M | -284.02M | 63.64M |
| DilutedAverageShares | 414.67M | 262.24M | 207.87M | 170.23M |
| BasicAverageShares | 414.67M | 262.24M | 207.87M | 158.07M |
| DilutedEPS | -0.13 | -0.42 | -1.15 | 0.13 |
| BasicEPS | -0.13 | -0.42 | -1.15 | 0.14 |
| DilutedNIAvailtoComStockholders | -54.06M | -108.92M | -175.64M | 22.13M |
| NetIncomeCommonStockholders | -54.06M | -108.92M | -175.64M | 22.13M |
| NetIncome | -54.06M | -108.92M | -175.64M | 22.13M |
| NetIncomeIncludingNoncontrollingInterests | -54.06M | -108.92M | -175.64M | 22.13M |
| NetIncomeContinuousOperations | -54.06M | -108.92M | -175.64M | 22.13M |
| TaxProvision | -14.29M | -401.00K | -17.41M | 20.51M |
| PretaxIncome | -68.35M | -109.32M | -193.06M | 42.64M |
| OtherIncomeExpense | 34.29M | -37.02M | -130.92M | 3.48M |
| OtherNonOperatingIncomeExpenses | 2.69M | 2.17M | ||
| SpecialIncomeCharges | -3.96M | 1.50M | -243.03M | 619.00K |
| GainOnSaleOfPPE | -336.00K | -1.78M | -152.09M | 559.00K |
| OtherSpecialCharges | -12.84M | |||
| WriteOff | 3.63M | 9.56M | -2.17M | -1.86M |
| ImpairmentOfCapitalAssets | 12.25M | 93.11M | 1.80M | |
| RestructuringAndMergernAcquisition | 150.81M | 289.00K | ||
| GainOnSaleOfSecurity | 38.25M | -38.52M | 112.11M | 2.86M |
| NetNonOperatingInterestIncomeExpense | 956.00K | -5.60M | -14.39M | -23.86M |
| TotalOtherFinanceCost | 3.34M | 2.94M | 629.00K | 20.44M |
| InterestExpenseNonOperating | 1.74M | 4.08M | 14.22M | 3.42M |
| InterestIncomeNonOperating | 6.04M | 1.42M | 456.00K | |
| OperatingIncome | -103.60M | -66.70M | -47.74M | 63.02M |
| OperatingExpense | 71.24M | 45.20M | 58.26M | 48.10M |
| OtherOperatingExpenses | 5.90M | 6.75M | 4.86M | |
| OtherTaxes | -2.14M | 0.00 | ||
| SellingGeneralAndAdministration | 73.38M | 39.29M | 51.51M | 43.24M |
| SellingAndMarketingExpense | 721.00K | 491.00K | 333.00K | 174.00K |
| GeneralAndAdministrativeExpense | 72.66M | 38.80M | 51.17M | 43.06M |
| OtherGandA | 26.35M | 9.03M | 11.76M | 7.81M |
| InsuranceAndClaims | 9.34M | 5.67M | 9.37M | 4.92M |
| SalariesAndWages | 36.97M | 24.11M | 30.04M | 30.33M |
| GrossProfit | -32.36M | -21.50M | 10.52M | 111.12M |
| CostOfRevenue | 225.24M | 167.87M | 131.91M | 58.37M |
| TotalRevenue | 192.88M | 146.37M | 142.43M | 169.49M |
| OperatingRevenue | 192.88M | 146.37M | 142.43M | 169.49M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| OrdinarySharesNumber | 479.33M | 334.15M | 224.20M | 194.81M |
| ShareIssued | 479.33M | 334.15M | 224.20M | 194.81M |
| NetDebt | 16.34M | |||
| TotalDebt | 23.41M | 19.87M | 65.01M | 84.74M |
| TangibleBookValue | 603.96M | 291.06M | 255.37M | 340.37M |
| InvestedCapital | 609.57M | 298.78M | 302.55M | 430.18M |
| WorkingCapital | 177.44M | 60.83M | 1.68M | 122.37M |
| NetTangibleAssets | 603.96M | 291.06M | 255.37M | 340.37M |
| CapitalLeaseObligations | 21.84M | 15.85M | 17.86M | 13.57M |
| CommonStockEquity | 608.00M | 294.76M | 255.40M | 359.01M |
| TotalCapitalization | 609.42M | 294.76M | 259.49M | 359.92M |
| TotalEquityGrossMinorityInterest | 608.00M | 294.76M | 255.40M | 359.01M |
| StockholdersEquity | 608.00M | 294.76M | 255.40M | 359.01M |
| GainsLossesNotAffectingRetainedEarnings | 22.70M | 2.94M | 0.00 | 0.00 |
| OtherEquityAdjustments | 65.51M | 43.70M | ||
| FixedAssetsRevaluationReserve | 22.70M | 2.94M | 0.00 | 0.00 |
| RetainedEarnings | -334.51M | -299.81M | -197.19M | -21.55M |
| AdditionalPaidInCapital | 67.52M | 56.62M | 47.65M | 25.84M |
| CapitalStock | 852.29M | 535.01M | 404.93M | 354.71M |
| CommonStock | 852.29M | 535.01M | 404.93M | 354.71M |
| TotalLiabilitiesNetMinorityInterest | 59.62M | 83.96M | 87.70M | 183.58M |
| TotalNonCurrentLiabilitiesNetMinorityInterest | 23.35M | 14.81M | 20.29M | 18.83M |
| NonCurrentDeferredLiabilities | 65.00K | 0.00 | 0.00 | 8.45M |
| NonCurrentDeferredTaxesLiabilities | 65.00K | 0.00 | 0.00 | 8.45M |
| LongTermDebtAndCapitalLeaseObligation | 21.18M | 12.99M | 18.31M | 10.14M |
| LongTermCapitalLeaseObligation | 19.75M | 12.99M | 14.21M | 9.23M |
| LongTermDebt | 1.43M | 4.09M | 910.00K | |
| LongTermProvisions | 2.11M | 1.82M | 1.98M | 239.00K |
| CurrentLiabilities | 36.27M | 69.15M | 67.41M | 164.75M |
| OtherCurrentLiabilities | 8.14M | 40.43M | 169.00K | 63.58M |
| CurrentDebtAndCapitalLeaseObligation | 2.23M | 6.88M | 46.70M | 74.61M |
| CurrentCapitalLeaseObligation | 2.09M | 2.86M | 3.65M | 4.35M |
| CurrentDebt | 146.00K | 4.02M | 43.05M | 70.26M |
| OtherCurrentBorrowings | 146.00K | 4.02M | 43.05M | 10.26M |
| LineOfCredit | 0.00 | 0.00 | 60.00M | |
| PayablesAndAccruedExpenses | 25.89M | 21.85M | 20.54M | 26.57M |
| CurrentAccruedExpenses | 3.74M | 11.66M | 7.64M | 4.61M |
| Payables | 22.16M | 10.19M | 12.90M | 26.57M |
| OtherPayable | 243.00K | |||
| TotalTaxPayable | 0.00 | 1.11M | 0.00 | 12.09M |
| AccountsPayable | 21.91M | 9.08M | 12.90M | 14.48M |
| TotalAssets | 667.62M | 378.73M | 343.10M | 542.59M |
| TotalNonCurrentAssets | 453.91M | 248.74M | 274.01M | 255.46M |
| NonCurrentPrepaidAssets | 26.47M | 4.90M | 3.87M | 86.68M |
| NonCurrentDeferredAssets | 0.00 | 0.00 | 0.00 | 3.90M |
| NonCurrentDeferredTaxesAssets | 0.00 | 0.00 | 0.00 | 3.90M |
| NonCurrentAccountsReceivable | 2.08M | 83.06M | ||
| GoodwillAndOtherIntangibleAssets | 4.04M | 3.70M | 33.00K | 18.64M |
| OtherIntangibleAssets | 4.04M | 3.70M | 33.00K | 1.68M |
| Goodwill | 0.00 | 0.00 | 16.95M | |
| NetPPE | 423.40M | 240.14M | 268.02M | 146.25M |
| AccumulatedDepreciation | -172.92M | -226.52M | -148.53M | -39.68M |
| GrossPPE | 596.32M | 466.66M | 416.55M | 146.25M |
| Leases | 82.43M | 64.49M | 60.97M | 9.04M |
| ConstructionInProgress | 51.85M | 39.81M | 32.23M | 1.55M |
| OtherProperties | 425.45M | 354.81M | 308.61M | 136.93M |
| MachineryFurnitureEquipment | 2.17M | 1.81M | 1.35M | 283.00K |
| BuildingsAndImprovements | 15.69M | 9.04M | ||
| LandAndImprovements | 34.43M | 5.74M | 4.39M | 4.55M |
| Properties | 0.00 | 0.00 | 9.00M | 0.00 |
| CurrentAssets | 213.71M | 129.98M | 69.09M | 287.13M |
| OtherCurrentAssets | 3.23M | |||
| HedgingAssetsCurrent | 3.42M | 1.28M | 0.00 | 0.00 |
| AssetsHeldForSaleCurrent | 5.92M | 1.39M | 1.22M | 1.21M |
| RestrictedCash | 32.83M | 2.10M | 2.15M | 86.83M |
| PrepaidAssets | 14.55M | 6.39M | 12.92M | 3.20M |
| Inventory | 1.18M | 705.00K | 588.00K | 548.00K |
| Receivables | 8.97M | 2.21M | 16.77M | 1.04M |
| OtherReceivables | 1.39M | 689.00K | 108.00K | 697.00K |
| TaxesReceivable | 6.32M | 805.00K | 15.96M | 0.00 |
| AccountsReceivable | 1.26M | 714.00K | 701.00K | 1.04M |
| AllowanceForDoubtfulAccountsReceivable | -47.00K | -51.00K | -37.00K | -118.00K |
| GrossAccountsReceivable | 1.31M | 765.00K | 738.00K | 1.04M |
| CashCashEquivalentsAndShortTermInvestments | 146.84M | 115.91M | 35.44M | 191.63M |
| OtherShortTermInvestments | 87.30M | 31.87M | 4.63M | 66.03M |
| CashAndCashEquivalents | 59.54M | 84.04M | 30.81M | 125.59M |
| CashFinancial | 59.54M | 84.04M | 30.81M | 125.59M |
| Line Item | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| FreeCashFlow | -480.42M | -177.02M | -317.40M | -236.57M |
| RepaymentOfDebt | -6.36M | -34.18M | -137.30M | -24.73M |
| IssuanceOfDebt | 1.70M | 0.00 | 107.20M | 74.23M |
| IssuanceOfCapitalStock | 289.53M | 109.07M | 54.09M | 259.17M |
| CapitalExpenditure | -339.85M | -71.31M | -194.98M | -193.26M |
| EndCashPosition | 59.54M | 84.04M | 30.89M | 125.59M |
| BeginningCashPosition | 84.04M | 30.89M | 125.59M | 5.95M |
| EffectOfExchangeRateChanges | -9.00K | 18.00K | 43.00K | -21.00K |
| ChangesInCash | -24.49M | 53.13M | -94.75M | 119.67M |
| FinancingCashFlow | 294.46M | 87.88M | 24.01M | 371.99M |
| CashFlowFromContinuingFinancingActivities | 294.46M | 87.88M | 24.01M | 371.99M |
| NetOtherFinancingCharges | 714.00K | |||
| ProceedsFromStockOptionExercised | 8.88M | 12.98M | 21.00K | 63.32M |
| NetCommonStockIssuance | 289.53M | 109.07M | 54.09M | 259.17M |
| CommonStockIssuance | 289.53M | 109.07M | 54.09M | 259.17M |
| NetIssuancePaymentsOfDebt | -4.67M | -34.18M | -30.10M | 49.49M |
| NetShortTermDebtIssuance | 0.00 | -60.00M | 60.00M | |
| ShortTermDebtPayments | 0.00 | -100.00M | 0.00 | |
| ShortTermDebtIssuance | 0.00 | 40.00M | 60.00M | |
| NetLongTermDebtIssuance | -4.67M | -34.18M | 29.90M | -10.51M |
| LongTermDebtPayments | -6.36M | -34.18M | -37.30M | -24.73M |
| LongTermDebtIssuance | 1.70M | 0.00 | 67.20M | 14.23M |
| InvestingCashFlow | -178.39M | 70.97M | 3.66M | -209.00M |
| CashFlowFromContinuingInvestingActivities | -178.39M | 70.97M | 3.66M | -209.00M |
| NetOtherInvestingChanges | -2.39M | |||
| NetInvestmentPurchaseAndSale | 156.01M | 141.55M | 188.14M | 6.15M |
| SaleOfInvestment | 207.94M | 177.82M | 382.11M | 12.84M |
| PurchaseOfInvestment | -51.94M | -36.26M | -193.97M | -6.69M |
| NetBusinessPurchaseAndSale | 0.00 | -23.00M | ||
| PurchaseOfBusiness | 0.00 | -23.00M | ||
| NetPPEPurchaseAndSale | -334.39M | -68.19M | -184.48M | -192.15M |
| SaleOfPPE | 5.46M | 3.11M | 10.50M | 1.11M |
| PurchaseOfPPE | -339.85M | -71.31M | -194.98M | -193.26M |
| OperatingCashFlow | -140.56M | -105.71M | -122.42M | -43.32M |
| CashFlowFromContinuingOperatingActivities | -140.56M | -105.71M | -122.42M | -43.32M |
| InterestReceivedCFO | 5.65M | 1.79M | ||
| InterestPaidCFO | -1.74M | -13.92M | -3.98M | |
| ChangeInWorkingCapital | -9.22M | 1.24M | -3.98M | 15.39M |
| ChangeInOtherCurrentAssets | 2.34M | 1.10M | -4.56M | -5.08M |
| ChangeInPayablesAndAccruedExpense | -16.00M | -159.00K | -32.00K | 21.02M |
| ChangeInPayable | -16.00M | -159.00K | -32.00K | 21.02M |
| ChangeInAccountPayable | -15.83M | -315.00K | 94.00K | 9.24M |
| ChangeInTaxPayable | -178.00K | 156.00K | -126.00K | 11.78M |
| ChangeInIncomeTaxPayable | -178.00K | 156.00K | -126.00K | 11.78M |
| ChangeInPrepaidAssets | 5.47M | 420.00K | 188.00K | -613.00K |
| ChangeInInventory | -475.00K | -117.00K | -379.00K | |
| ChangeInReceivables | -545.00K | -13.00K | 429.00K | 64.00K |
| ChangesInAccountReceivables | -545.00K | -13.00K | 429.00K | 64.00K |
| OtherNonCashItems | -186.02M | -135.70M | -247.68M | -147.37M |
| StockBasedCompensation | 13.95M | 10.91M | 21.79M | 22.59M |
| UnrealizedGainLossOnInvestmentSecurities | 0.00 | -2.69M | -2.17M | 4.86M |
| AssetImpairmentCharge | 3.63M | 12.25M | 93.11M | -60.00K |
| DeferredTax | -15.80M | 17.09M | -32.37M | 8.84M |
| DeferredIncomeTax | -15.80M | 17.09M | -32.37M | 8.84M |
| DepreciationAmortizationDepletion | 140.97M | 84.78M | 72.42M | 24.48M |
| DepreciationAndAmortization | 140.97M | 84.78M | 72.42M | 24.48M |
| AmortizationCashFlow | 573.00K | 133.00K | ||
| AmortizationOfIntangibles | 573.00K | 133.00K | ||
| Depreciation | 140.39M | 84.65M | ||
| OperatingGainsLosses | -37.92M | 27.47M | 152.09M | 5.83M |
| GainLossOnInvestmentSecurities | -39.73M | 30.68M | 150.81M | 6.68M |
| NetForeignCurrencyExchangeGainLoss | 1.48M | 7.84M | ||
| GainLossOnSaleOfPPE | 336.00K | 1.78M | 1.28M | -848.00K |
| NetIncomeFromContinuingOperations | -54.06M | -108.92M | -175.64M | 22.13M |
SEC Filings
No SEC filings found for this symbol (may be non-US or ticker not in SEC index).
Public Trades for BITF
| Date | User | Asset | Broker | Type | Position Size | Entry Price | Patterns |
|---|