Bitfarms Ltd.

Bitfarms Ltd.

BITF
Bitfarms Ltd.US flagNASDAQ Global Market
2.16
USD
+0.18
- -
1.30BMarket Cap
Bitfarms Ltd.
BITF
(NASDAQ Global Market)

Recent

price

2.16

P/E

ratio

- -

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
0.59
0.48
0.41
1.07
0.69
0.46
0.32
0.42
0.41
Revenue per Share
- -
-0.16
0.04
-0.19
0.14
-0.84
-0.15
-0.02
-0.38
-0.56
Basic EPS, GAAP
- -
-0.16
-0.26
0.03
-1.5
-1.53
-0.68
-1.16
-0.63
-0.71
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
0.19
0.37
0.12
2.11
1
0.9
1.23
0.82
0.54
Book Value per Share
- -
0.35
0.41
0.18
2.15
1.23
1.11
1.46
1.01
0.73
Tangible Book Value per Share
- -
57
67
85
158
208
262
415
552
572
Basic Weighted Avg Shares
- -
34
32
35
169
142
120
133
229
234
Sales/Revenue/Turnover
- -
6.1
4.49
-15.49
37.18
-33.52
-47.85
-58.4
-42.41
-77.61
Operating Margin (%)
- -
13
7
11
24
72
84
135
123
122
Depreciation Expense
- -
-9
3
-16
22
-176
-40
-7
-209
-320
Net Income, GAAP
- -
- -
- -
- -
48.1
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
-27.7
8.94
-46.94
13.06
-123.32
-33.17
-5.52
-90.94
-136.65
Profit Margin (%)
3
-1
3
-19
122
2
61
186
678
516
Working Capital
- -
1
21
8
10
18
13
21
585
585
LT Debt
28
21
28
15
359
255
295
611
560
419
Total Equity
- -
- -
- -
- -
13.09
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
10.48
- -
- -
- -
- -
- -
Return on Capital (%)
- -
-116.48
16.25
-94.49
12.9
-64.94
-18.03
-1.98
-43.35
-75.12
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
4
99
6
LT Borrowings
51
572
573
LT Finance Leases
19
13
12
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
563
602
603
Market Capitalization
1,516
1,263
1,115

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
375
826
576
Cash, Cash Equivalents & STI
258
573
357
Accounts Receivable, Net
3
5
5
Inventories
7
9
10
Total Current Liabilities
117
148
60
Payables & Accruals
68
46
54
ST Debt
4
99
6
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
461.94%
-8.31%
Free Cash Flow
- -
-1,720.93%
-27.93%
Net Income, GAAP
- -
289.02%
2,733.46%
Sales/Revenue/Turnover
- -
87.94%
72.03%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
50
42
27
56
133
2025
48
78
69
50
229
2026
37
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
-0.07
-0.08
- -
-0.02
2025
-0.11
-0.05
-0.15
- -
-0.38
2026
-0.24
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Bitfarms Ltd. (Nasdaq/TSX: BITF) operates as a global vertically integrated Bitcoin mining and high-performance computing (HPC) infrastructure company that develops, owns, and manages data centers equipped with specialized computers to validate transactions on the Bitcoin blockchain and sell computational hashing power to mining pools; it also hosts third-party mining hardware, provides electrical engineering and installation services through its Volta subsidiary primarily to commercial and residential customers in Quebec, Canada, and pursues HPC/AI data center development leveraging its power portfolio. The company maintains 15 active data centers with 461 MW of energized capacity across North America, including sites in the United States (Panther Creek, Scrubgrass, Washington, Sharon), Canada (Bunker, Leger, Baie Comeau, Garlock, Cowansville, St. Hyacinthe, Magog, Farnham), Argentina (Rio Cuarto), and Paraguay (Paso Pe, Villarrica), supported predominantly by low-cost renewable hydroelectric power exceeding 99% of energy usage for sustainable operations targeting cryptocurrency miners, HPC/AI hyperscalers, and institutional clients. Founded in 2017 and headquartered at 110 Yonge Street, Suite 1601, Toronto, Ontario, M5C 1C4, Canada, Bitfarms changed its name from Bitfarms Technologies Ltd. in October 2018 and employs approximately 170 people focused on proprietary data analytics for operational efficiency and uptime. Recent strategic developments include the March 2025 completion of its $175 million all-stock acquisition of Stronghold Digital Mining, Inc., expanding U.S. power capacity toward 950 MW by year-end with nearly 50% in the U.S. and positioning it as the leading Bitcoin miner in the PJM market while adding a 1.1 GW pipeline for HPC/AI; an April 2025 agreement for a up to $300 million private debt facility with Macquarie Equipment Capital, Inc., featuring an initial $50 million draw for Panther Creek HPC project soft costs and up to $250 million more upon milestones; an August 2025 partnership with T5 Data Centers, LLC to advance HPC/AI infrastructure at the Panther Creek campus serving seven major U.S. hyperscalers amid supportive Pennsylvania policies and a $90 billion White House AI investment commitment; discontinuation of Argentina and Paraguay operations in Q3 2025 due to energy and economic challenges to refocus on North American growth; submission of a master site plan for Panther Creek; an upsized $588 million convertible senior notes offering closed in Q3 2025 providing $814 million liquidity for corporate purposes and infrastructure; Q3 2025 revenue of $69 million from continuing operations (up 156% year-over-year) and $14 million from discontinued operations; and strategic hires including a new CFO with infrastructure financing expertise plus board expansions to support HPC/AI scaling.

Company News

APIChat
  • Bitcoin set to slump to new lows for 2026 after recent sell-off, traders forecast

  • Clarity Act Passes Senate Banking Committee, Crypto Stocks Rally

  • Bitfarms Q1 Earnings Call Highlights

  • Bitcoin surged in April, but weak buyer demand makes the rally vulnerable

  • Crypto Markets Today, April 27: Bitcoin Slips Below $77,000 as Rally Falters

  • Eightco (NASDAQ:OCTO) versus Bitfarms (NASDAQ:BITF) Head-To-Head Analysis

  • Bitcoin Price Prediction as Companies Dump Their Bitcoin

  • Bitfarms Rebrands To Keel Infrastructure, But Financial Engineering Still Weighs

  • BITF Q4 Loss Wider Than Estimates, Revenues Grow Y/Y, Shares Rise

  • Bitfarms Ltd. (BITF:CA) Q4 2025 Earnings Call Transcript

  • Bitfarms Reports Fiscal Year 2025 Results

  • Nike, Virgin Galactic, Bitfarms and More Stocks With Earnings This Week

  • Bitfarms (TSE:BITF) Trading Down 4.3% – Time to Sell?

  • Bitfarms Gears Up to Report Q4 Earnings: What's in the Offing?

  • Bitfarms Ltd. (BITF) Declines More Than Market: Some Information for Investors

  • Should You Buy Bitfarms Before March 31?

  • Analysts Estimate Bitfarms Ltd. (BITF) to Report a Decline in Earnings: What to Look Out for

  • Bitfarms Shareholders Approve U.S. Redomiciliation Plan

  • Bitfarms Ltd. (BITF:CA) Shareholder/Analyst Call Prepared Remarks Transcript

  • Is It Worth Investing in Bitfarms (BITF) Based on Wall Street's Bullish Views?