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Upturn AI SWOT - About
Bitfarms Ltd (BITF)
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Upturn Advisory Summary
09/11/2025: BITF (2-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Below Average Performance
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Number of Analysts
8 Analysts rated it
Limited analyst coverage, niche firm, research info may be scarce.
1 Year Target Price $2.68
1 Year Target Price $2.68
| 6 | Strong Buy |
| 2 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 47.12% | Avg. Invested days 23 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 09/11/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.13B USD | Price to earnings Ratio - | 1Y Target Price 2.68 |
Price to earnings Ratio - | 1Y Target Price 2.68 | ||
Volume (30-day avg) 8 | Beta 4.1 | 52 Weeks Range 0.67 - 2.76 | Updated Date 09/12/2025 |
52 Weeks Range 0.67 - 2.76 | Updated Date 09/12/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.16 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -35.09% | Operating Margin (TTM) -34.58% |
Management Effectiveness
Return on Assets (TTM) -9.5% | Return on Equity (TTM) -15.17% |
Valuation
Trailing PE - | Forward PE 84.03 | Enterprise Value 1046632318 | Price to Sales(TTM) 4.59 |
Enterprise Value 1046632318 | Price to Sales(TTM) 4.59 | ||
Enterprise Value to Revenue 4.26 | Enterprise Value to EBITDA 41.87 | Shares Outstanding 552600000 | Shares Floating 524936476 |
Shares Outstanding 552600000 | Shares Floating 524936476 | ||
Percent Insiders 4.72 | Percent Institutions 22.24 |
Upturn AI SWOT
Bitfarms Ltd
Company Overview
History and Background
Bitfarms Ltd. was founded in 2017 and is a global Bitcoin mining company. It focuses on vertically integrated operations with its own proprietary infrastructure.
Core Business Areas
- Bitcoin Mining: Bitfarms' primary business is Bitcoin mining, using specialized hardware (ASICs) to solve complex cryptographic problems and earn Bitcoin rewards.
- Data Center Operations: Bitfarms operates its own data centers to house and power its mining equipment.
- Electrical power infrastructure: The company develops its own private infrasture to ensure reliability of its bitcoin mining operations.
Leadership and Structure
Geoff Morphy is the CEO. The company has a board of directors overseeing its operations. Bitfarms has regional teams across its mining sites.
Top Products and Market Share
Key Offerings
- Bitcoin Mining: Bitfarms generates revenue primarily through Bitcoin mining. Market share data for specific Bitcoin miners is not readily available; competition is based on hash rate and efficiency. Competitors include Marathon Digital Holdings, Riot Platforms, and CleanSpark.
Market Dynamics
Industry Overview
The Bitcoin mining industry is characterized by high volatility, regulatory uncertainty, and increasing competition. It is driven by the price of Bitcoin and the overall network hash rate.
Positioning
Bitfarms aims to be a leading Bitcoin mining company through efficient operations and a focus on renewable energy sources where possible. They focus on owning and operating their farms, rather than hosting.
Total Addressable Market (TAM)
The TAM is the entire Bitcoin mining reward pool, valued at billions of USD annually. Bitfarms is positioned to capture a portion of this TAM through its mining operations.
Upturn SWOT Analysis
Strengths
- Vertically integrated operations
- Proprietary infrastructure
- Focus on efficient mining operations
- Geographic diversification
Weaknesses
- High energy consumption
- Susceptibility to Bitcoin price volatility
- Reliance on specialized hardware
- Profitability is inherently tied to the price of Bitcoin.
Opportunities
- Expansion of mining capacity
- Adoption of more efficient mining hardware
- Diversification into related cryptocurrency services
- Leveraging of power infrastructure for grid support.
Threats
- Bitcoin price declines
- Increased mining difficulty
- Regulatory restrictions on Bitcoin mining
- Rising energy costs
- Hardware supply chain issues.
Competitors and Market Share
Key Competitors
- MARA
- RIOT
- CLSK
Competitive Landscape
Bitfarms competes based on mining efficiency, access to low-cost energy, and data center operations.
Major Acquisitions
Volta Data Centres
- Year: 2022
- Acquisition Price (USD millions): 24
- Strategic Rationale: Acquisition added 4.8 MW of existing capacity in Quu00e9bec for low-cost hydropower.
Growth Trajectory and Initiatives
Historical Growth: Growth has been driven by expansion of mining capacity and increased Bitcoin production.
Future Projections: Future growth depends on Bitcoin price, hash rate, and mining efficiency. Analyst estimates are needed for accurate projections.
Recent Initiatives: Recent strategic initiatives include expanding mining facilities and optimizing energy usage.
Summary
Bitfarms is a Bitcoin mining company with vertically integrated operations. Its strength lies in its efficient mining infrastructure and geographical diversification. The company's profitability is heavily dependent on the price of Bitcoin and its ability to maintain low operating costs. It faces threats from regulatory changes and increasing competition within the Bitcoin mining sector, but its control over its infrastructure puts it in a good position.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company Filings
- Industry Reports
- Financial News Outlets
- Third Party Market Research
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Market share data is approximate and may vary. Financial data should be verified with official company filings.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Bitfarms Ltd
Exchange NASDAQ | Headquaters Toronto, ON, Canada | ||
IPO Launch date 2018-08-28 | CEO & Director Mr. Benjamin J. Gagnon | ||
Sector Financial Services | Industry Capital Markets | Full time employees - | Website https://www.bitfarms.com |
Full time employees - | Website https://www.bitfarms.com | ||
Bitfarms Ltd. operates integrated bitcoin data centers in Canada, the United States, Paraguay, and Argentina. It primarily owns and operates data centers housing computers to validate transactions on the bitcoin blockchain, as well as sells computational power used for hashing calculations for cryptocurrency mining in multiple jurisdictions. 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 formerly known as Bitfarms Technologies Ltd and changed its name to Bitfarms Ltd. in October 2018. The company was founded in 2017 and is based in Toronto, Canada.
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