Bitfarms Ltd.

BITF

CA09173B1076

Blockchain & Cryptocurrency

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
2.68 ^CAD	-2.19%		+1.52%	-30.39%

Apr. 22	TSX claws back some April declines as sentiment improves	RE
Apr. 22	TSX flat as broader gains offset materials weakness	RE

Bitfarms Purchases Additional Miners to Reach 21 EH/s in 2024

March 11, 2024 at 10:10 am EDT

Bitfarms Ltd. exercised its previously announced purchase option for 28,000 Bitmain T21 miners and also purchased an additional 19,280 Bitmain T21 miners for $14/TH, 3,888 Bitmain S21 miners and 740 Bitmain S21 hydro miners for $17.50/TH.

Latest news about Bitfarms Ltd.

TSX claws back some April declines as sentiment improves	Apr. 22	RE
TSX flat as broader gains offset materials weakness	Apr. 22	RE
Bitfarms Down 3.1% In US Premarket As Completes Bitcoin Mining Fleet Upgrade at Garlock, Farnham Facilities	Apr. 12	MT
Bitfarms Brief: Says Reached 7 EH/s with Completion of Fleet Upgrade at Garlock and Farnham Facilities; Corporate energy efficiency improves 9% to 31 w/TH	Apr. 12	MT
Bitfarms Ltd. Reaches 7 EH/s with Completion of Fleet Upgrade At Garlock and Farnham Facilities	Apr. 12	CI
Bitfarms Up More Than 2% In US Premarket Although March Bitcoin Production Slipped on Lower Power Availability; Provided Operations Update	Apr. 01	MT
Bitfarms Brief: Citing Upgrade and expansion plan, targeting 21 EH/s and 21w/TH in 2024, underway with T21 deliveries and installations	Apr. 01	MT
Bitfarms Brief: Announcing March 2024 Production and Operations Update; Company Says Earned 286 BTC in March 2024	Apr. 01	MT
Bitfarms CEO to Depart; Reiterates 2024 YE Guidance of 21 EH/s, 21 w/TH; Up 1.6%	Mar. 25	MT
Toronto Stocks Advance; Taseko Mines Up on Acquisition of Remaining Stake in Gibraltar Mine	Mar. 25	DJ
Bitfarms Ltd. Announces Departure of L. Geoffrey Morphy as President and Member of its Board of Directors	Mar. 25	CI
Bitfarms CEO to Depart; Reiterates 2024 YE Guidance of 21 EH/s, 21 w/TH	Mar. 25	MT
Bitfarms Ltd. Reiterates Operating Guidance for the Year 2024	Mar. 25	CI
Bitfarms Brief: Reiterating 2024 YE guidance of 21 EH/s and 21 w/TH	Mar. 25	MT
Bitfarms Brief: Announcing CEO Transition; Geoff Morphy remains CEO while an executive search is conducted	Mar. 25	MT
Bitfarms Ltd. Announces Departure of L. Geoffrey Morphy as Chief Executive Officer	Mar. 25	CI
Energy, tech shares weigh on TSX ahead of US inflation data	Mar. 11	RE
Bitfarms Purchases Additional Miners to Reach 21 EH/s in 2024	Mar. 11	CI
Powell's Remarks Push Exchange-Traded Funds, Equity Futures Lower Pre-Bell Monday Ahead of CPI Data	Mar. 11	MT
North American Morning Briefing: Stock Futures Fall With Investor Focus on Inflation Data	Mar. 11	DJ
Bitfarms Reports US$375 Million At-the-Market Equity Offering Program	Mar. 11	MT
Bitfarms Unveils $375 Million At-The-Market Stock Sale	Mar. 11	MT
Toronto Stocks Advance; Linamar Shares Rise on 4Q Profit Beat, Dividend Hike	Mar. 07	DJ
Bitfarms Shares Decline 8.6% After Quarterly Loss Widens More Than Expected	Mar. 07	DJ
Bitfarms Reports Q4 Net Loss of US$57 Million, Total Revenue US$46 Million	Mar. 07	MT

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Company Profile

Bitfarms Ltd. is a Canada-based global vertically integrated bitcoin mining company. The Company 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 Companyâs proprietary data analytics system delivers operational performance and uptime. The Company operates through the cryptocurrency mining segment. The Company operates server farms comprised of computers (Miners) designed for the purpose of validating transactions on the Bitcoin (BTC) Blockchain (Mining). The Company 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 Company has 11 farms, which are located in four countries: Canada, the United States, Paraguay, and Argentina.

Sector

Blockchain & Cryptocurrency

Calendar

2024-04-28 - AIM Summit

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Ratings for Bitfarms Ltd.

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

2.68

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Company calendar

Sector Cryptocurrency Mining

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Cryptocurrency Mining

Bitfarms Ltd.

Equities

BITF

CA09173B1076

Blockchain & Cryptocurrency

Bitfarms Purchases Additional Miners to Reach 21 EH/s in 2024

EPS Revisions