Logo image of BITF

BITFARMS LTD/CANADA (BITF) Stock Price, Forecast & Analysis

USA - Nasdaq - NASDAQ:BITF - CA09173B1076 - Common Stock

2.8 USD
-0.09 (-3.11%)
Last: 1/9/2026, 8:00:00 PM
2.82 USD
+0.02 (+0.71%)
After Hours: 1/9/2026, 8:00:00 PM

BITF Key Statistics, Chart & Performance

Key Statistics
Market Cap1.58B
Revenue(TTM)270.06M
Net Income(TTM)-130.32M
Shares563.01M
Float536.70M
52 Week High6.6
52 Week Low0.67
Yearly DividendN/A
Dividend Yield0%
EPS(TTM)-0.15
PEN/A
Fwd PEN/A
Earnings (Next)03-25 2026-03-25/bmo
IPO2019-07-16
Sector
GICS IndustrySoftware
GICS IndustryGroupSoftware & Services
GICS SubIndustryApplication Software


BITF short term performance overview.The bars show the price performance of BITF in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months 0 50 100 150

BITF long term performance overview.The bars show the price performance of BITF in the last 1, 2 and 3 years. 1 year 2 years 3 years 50 100 150

The current stock price of BITF is 2.8 USD. In the past month the price decreased by -4.76%. In the past year, price increased by 73.91%.

BITFARMS LTD/CANADA / BITF Daily stock chart

BITF Competitors/Peers

The largest stocks on the US markets in the "Application Software" sub-industry
Full List
Symbol
Company Name
TA
FA
PE
Market Cap
PLTR PALANTIR TECHNOLOGIES INC-A 277.33 422.86B
CRM SALESFORCE INC 22.56 247.46B
APP APPLOVIN CORP-CLASS A 73.69 218.90B
INTU INTUIT INC 30.72 180.01B
ADBE ADOBE INC 15.94 139.79B
SNPS SYNOPSYS INC 40.43 100.08B
CDNS CADENCE DESIGN SYS INC 46.56 89.09B
ADSK AUTODESK INC 27.97 58.52B
WDAY WORKDAY INC-CLASS A 23.87 54.49B
ROP ROPER TECHNOLOGIES INC 22.18 46.80B
MSTR STRATEGY INC 3.55 46.43B
DDOG DATADOG INC - CLASS A 64.03 44.01B

About BITF

Company Profile

BITF logo image Bitfarms Ltd. (Canada) engages in the business of mining cryptocurrency. The company is headquartered in Toronto, Ontario. The company went IPO on 2019-07-16. The company develops, owns, and operates vertically integrated mining facilities with in-house management and Company-owned electrical engineering, installation service, and multiple onsite technical repair centers. Its proprietary data analytics system delivers operational performance and uptime. The firm operates through the cryptocurrency mining segment. The activities of the Company mainly consist of selling its computational power used for hashing calculations for the purpose of cryptocurrency mining in multiple jurisdictions. Volta, a wholly owned subsidiary of the Company, assists the Company in building and maintaining its data centers. The firm operates Bitcoin data centers in four countries: the United States, Canada, Paraguay, and Argentina.

Company Info

BITFARMS LTD/CANADA

110 Yonge Street, Suite 1601

TORONTO ONTARIO CA

CEO: Emiliano Grodzki

Employees: 170

BITF Company Website

BITF Investor Relations

Phone: 16472591790

BITFARMS LTD/CANADA / BITF FAQ

Can you describe the business of BITFARMS LTD/CANADA?

Bitfarms Ltd. (Canada) engages in the business of mining cryptocurrency. The company is headquartered in Toronto, Ontario. The company went IPO on 2019-07-16. The company develops, owns, and operates vertically integrated mining facilities with in-house management and Company-owned electrical engineering, installation service, and multiple onsite technical repair centers. Its proprietary data analytics system delivers operational performance and uptime. The firm operates through the cryptocurrency mining segment. The activities of the Company mainly consist of selling its computational power used for hashing calculations for the purpose of cryptocurrency mining in multiple jurisdictions. Volta, a wholly owned subsidiary of the Company, assists the Company in building and maintaining its data centers. The firm operates Bitcoin data centers in four countries: the United States, Canada, Paraguay, and Argentina.


What is the current price of BITF stock?

The current stock price of BITF is 2.8 USD. The price decreased by -3.11% in the last trading session.


What is the dividend status of BITFARMS LTD/CANADA?

BITF does not pay a dividend.


What is the ChartMill rating of BITFARMS LTD/CANADA stock?

BITF has a ChartMill Technical rating of 3 out of 10 and a ChartMill Fundamental rating of 3 out of 10.


Can you provide the PE ratio for BITF stock?

BITFARMS LTD/CANADA (BITF) does not have a PE ratio as the earnings reported over the last twelve months were negative (-0.15).


What is the employee count for BITF stock?

BITFARMS LTD/CANADA (BITF) currently has 170 employees.


Who owns BITFARMS LTD/CANADA?

You can find the ownership structure of BITFARMS LTD/CANADA (BITF) on the Ownership tab.


BITF Technical Analysis

ChartMill assigns a technical rating of 3 / 10 to BITF. When comparing the yearly performance of all stocks, BITF is one of the better performing stocks in the market, outperforming 79.17% of all stocks.


Chartmill TA Rating
Chartmill Setup Rating

BITF Fundamental Analysis

ChartMill assigns a fundamental rating of 3 / 10 to BITF. While BITF seems to be doing ok healthwise, there are quite some concerns on its profitability.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

BITF Financial Highlights

Over the last trailing twelve months BITF reported a non-GAAP Earnings per Share(EPS) of -0.15. The EPS increased by 58.37% compared to the year before.


Industry RankSector Rank
PM (TTM) N/A
ROA -16.26%
ROE -21.32%
Debt/Equity 0.11
Chartmill High Growth Momentum
EPS Q2Q%-62.5%
Sales Q2Q%54.38%
EPS 1Y (TTM)58.37%
Revenue 1Y (TTM)47.6%

BITF Forecast & Estimates

8 analysts have analysed BITF and the average price target is 3.88 USD. This implies a price increase of 38.64% is expected in the next year compared to the current price of 2.8.

For the next year, analysts expect an EPS growth of -125.81% and a revenue growth 48.58% for BITF


Analysts
Analysts82.5
Price Target3.88 (38.57%)
EPS Next Y-125.81%
Revenue Next Year48.58%

BITF Ownership

Ownership
Inst Owners35.89%
Ins Owners0.1%
Short Float %15.04%
Short Ratio1.15