BITF

Bitfarms Ltd. · NASDAQ

Sector Technology Services
Industry Data Processing Services
Website bitfarms.com
Employees(FY) 150
ISIN CA09173B1076

Performance

-16.83%

-24.66%

-17.24%

-46.67%

-42.27%

YTD

-38.24%

Profile

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. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. Bitfarms Ltd. was founded in 2017 and is based in Toronto, Canada.

Advanced Technical Analysis

Technical Analysis of BITF 2024-12-20

The stock indicators reflect a predominantly bearish sentiment, with the Moving Average Score at 3 and the Technical Score at 21, both indicating weak performance. The Oscillators Score of 40 suggests a neutral stance, but overall, the combined scores point to a lack of bullish momentum in the market.

Technical Scores and Rating

Moving Average Score

Oscillator Score

Technical Rating

Stock Analysis of BITF

Stock Rank

Recent News & Updates

2024-12-17 06:30
Bitfarms Files Second Amended and Restated Prospectus Supplement for its Existing At-the-Market Equity Offering Program(Globenewswire)
2024-12-16 04:03
High Growth Tech Stocks To Watch For Potential Portfolio Boost(Simply Wall St.)
2024-12-09 04:48
Bitfarms Announces Restatement of Previously Issued Financial Statements(Globenewswire)
2024-12-05 07:06
Bitfarms initiated with a Buy at Alliance Global Partners(TipRanks)
2024-12-01 18:00
Bitfarms Provides November 2024 Production and Operations Update(Globenewswire)
2024-11-23 19:18
How Revamping Affects Bitfarms Ltd (BITF)'s Growth Trajectory in 2024?(Insidermonkey)
2024-11-20 05:00
Bitfarms Announces Results of Special Meeting of Shareholders(Globenewswire)
2024-11-15 00:03
High Growth Tech Stocks with Promising Potential(Simply Wall St.)
2024-11-12 18:00
Bitfarms Reports Third Quarter 2024 Results(Globenewswire)
2024-11-12 07:34
Is Bitfarms Ltd. (BITF) the Best Cryptocurrency Stock to Buy According to Wall Street?(Insidermonkey)
2024-11-11 07:10
Bitfarms Ltd (TSX:BITF) Q3 2024: Everything You Need to Know Ahead of Earnings(GuruFocus.com)
2024-11-11 03:05
Bitfarms Reschedules Third Quarter 2024 Conference Call to November 13th, 2024(Globenewswire)
2024-10-31 19:00
Bitfarms Provides October 2024 Production and Operations Update(Globenewswire)
2024-10-30 19:00
Bitfarms Enters into Second 10,000 Miner Hosting Agreement with Stronghold Digital Mining(Globenewswire)
2024-10-28 19:00
Bitfarms Nominates Andrew J. Chang for Election to the Board of Directors(Globenewswire)
2024-10-27 19:00
Bitfarms Appoints Rachel Silverstein as U.S. General Counsel(Globenewswire)
2024-10-25 00:29
Bitfarms Schedules Third Quarter 2024 Conference Call on November 12th, 2024(Globenewswire)
2024-10-08 07:12
Institutions along with retail investors who hold considerable shares inBitfarms Ltd. (TSE:BITF) come under pressure; lose 9.5% of holdings value(Simply Wall St.)
2024-10-04 05:31
Bitfarms Files Amended and Restated Prospectus Supplement for its Existing At-the-Market Equity Offering Program(Globenewswire)
2024-09-30 19:00
Bitfarms Provides September 2024 Production and Operations Update(Globenewswire)
2024-09-22 19:05
Riot Platforms, Inc. Early Warning Report Press Release Regarding Settlement Agreement With Bitfarms Ltd.(Businesswire)
2024-09-22 19:00
Bitfarms and Riot Announce Settlement(Globenewswire)
2024-09-13 23:27
Is Bitfarms Ltd. (BITF) the Best Bitcoin Stock to Buy Now According to Hedge Funds?(Insidermonkey)
2024-09-12 22:23
Bitfarms Enters into 10,000 Miner Hosting Agreement with Stronghold Digital Mining(Globenewswire)
2024-09-09 19:00
Bitfarms Enhances Operations Teams(Globenewswire)
2024-09-08 18:15
Bitfarms Reschedules Special Meeting of Shareholders(Globenewswire)
2024-09-06 18:33
7 Best Bitcoin Stocks To Buy Right Now(Insidermonkey)
2024-09-06 18:18
20 Best Cryptocurrency Stocks to Buy According to Hedge Funds(Insidermonkey)
2024-09-04 04:05
Bitfarms to Present at H.C. Wainwright 26th Annual Global Investment Conference(Globenewswire)
2024-09-03 19:00
Bitfarms Issues Statement to Address Misleading Claims from Riot(Globenewswire)

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