Bitfarms Ltd.
BITF
$-0.06
Change (1 day)
$3.91
Year High
$1.01
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Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in North America. 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. The company was founded in 2017 and is headquartered in Toronto, Canada.
Bitfarms Ltd. (BITF) - Company Outlook
Company Outlook
| Year | Receivables | Debt | Liabilities | Assets | Current Assets |
|---|---|---|---|---|---|
| 2023 | 714 K | -64,166,000 | 83.53 M | 376.79 M | 129.98 M |
| 2022 | 701 K | 34.2 M | 87.53 M | 343.1 M | 69.09 M |
| 2021 | 1.04 M | -40,531,000 | 120.01 M | 542.59 M | 287.13 M |
| 2020 | 1.4 M | 22.42 M | 36.26 M | 51.7 M | 9.17 M |
| 2019 | 3.69 M | 20.03 M | 24.77 M | 52.86 M | 6.55 M |