Stock Price, News, Quote and Profile of BITFARMS LTD/CANADA(NASDAQ:BITF) stock

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BITFARMS LTD/CANADA

NASDAQ:BITF (5/2/2024, 7:00:01 PM)

After market: 1.7909 -0.01 (-0.51%)

1.8

+0.02 (+1.12%)

Chartmill TA Rating

Chartmill Setup Rating

Sector

GICS SectorInformation Technology

GICS IndustrySoftware

Chartmill FA Rating

Valuation

Growth

Profitability

Health

Dividend

Overview

Earnings (Last)

Earnings (Next)

Ins Owners

Inst Owners

Market Cap543.34M

PEN/A

Fwd PE28

Dividend YieldN/A

Analysts

IPO

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Company Profile

Bitfarms Ltd. (Canada) engages in the business of mining cryptocurrency. The company is headquartered in Toronto, Ontario and currently employs 150 full-time employees. The company went IPO on 2019-07-16. The firm develops, owns, and operates vertically integrated mining farms with in-house management and Company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Company’s proprietary data analytics system delivers operational performance and uptime. The firm operates through the cryptocurrency mining segment. The firm operates server farms comprised of computers (Miners) designed for the purpose of validating transactions on the Bitcoin (BTC) Blockchain (Mining). The firm also operates Miners about 24 hours a day producing computational power (measured by hashrate) which it sells to Mining Pools under a formula-driven rate commonly known as Full Pay Per Share (FPPS). The firm has 11 farms, which are located in four countries: Canada, the United States, Paraguay, and Argentina.