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BITF
Upturn stock ratingUpturn stock rating

Bitfarms Ltd (BITF)

Upturn stock ratingUpturn stock rating
$5.39
Last Close (24-hour delay)
Profit since last BUY399.07%
upturn advisory
Strong Buy
BUY since 65 days
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  • SELL Advisory (Loss)​
  • Profit
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
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Upturn Advisory Summary

10/13/2025: BITF (3-star) is a STRONG-BUY. BUY since 65 days. Simulated Profits (399.07%). Updated daily EoD!

Upturn Star Rating

rating

Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Number of Analysts

rating

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

Analysts Price Target For last 52 week
$2.68 Target price
52w Low $0.67
Current$5.39
52w High $5.42

Analysis of Past Performance

Type Stock
Historic Profit 288.71%
Avg. Invested days 25
Today’s Advisory Strong Buy
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 10/13/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.32B 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 4.43
52 Weeks Range 0.67 - 5.42
Updated Date 10/13/2025
52 Weeks Range 0.67 - 5.42
Updated Date 10/13/2025
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 1551679135
Price to Sales(TTM) 9.45
Enterprise Value 1551679135
Price to Sales(TTM) 9.45
Enterprise Value to Revenue 6.32
Enterprise Value to EBITDA 62.08
Shares Outstanding 552599613
Shares Floating 524914372
Shares Outstanding 552599613
Shares Floating 524914372
Percent Insiders 4.67
Percent Institutions 21.54

ai summary icon Upturn AI SWOT

Bitfarms Ltd

stock logo

Company Overview

overview logo History and Background

Bitfarms Ltd. was founded in 2017 and is a global Bitcoin mining company. It began with operations in Quebec, Canada, and has since expanded internationally. The company focuses on acquiring and developing facilities to mine Bitcoin efficiently.

business area logo Core Business Areas

  • Bitcoin Mining: The primary business is Bitcoin mining, utilizing specialized hardware and infrastructure to validate transactions and earn Bitcoin rewards.

leadership logo Leadership and Structure

Bitfarms' leadership team consists of experienced professionals in finance, technology, and mining. The company has a hierarchical structure with a board of directors overseeing management.

Top Products and Market Share

overview logo Key Offerings

  • Bitcoin Mining: Bitfarms generates revenue primarily from mining Bitcoin. The company's hash rate contributes to the overall Bitcoin network hash rate. Competitors include Marathon Digital Holdings (MARA) and Riot Platforms (RIOT).

Market Dynamics

industry overview logo Industry Overview

The Bitcoin mining industry is characterized by increasing competition, fluctuating Bitcoin prices, and evolving regulatory landscapes. Energy costs and access to efficient hardware are critical factors for success.

Positioning

Bitfarms is positioned as a vertically integrated Bitcoin miner, owning its infrastructure and controlling its energy sources in some locations. This offers cost advantages.

Total Addressable Market (TAM)

The total addressable market is the entire market capitalization of Bitcoin which is in the trillions. Bitfarms is positioned to capture a portion of the revenue generated from mining activities within this market.

Upturn SWOT Analysis

Strengths

  • Vertical integration in some locations
  • Experienced management team
  • Significant hash rate capacity

Weaknesses

  • High energy consumption
  • Dependence on Bitcoin price
  • Susceptibility to regulatory changes

Opportunities

  • Expansion into new geographic locations
  • Adoption of more efficient mining technologies
  • Diversification into other crypto-related services

Threats

  • Decreasing Bitcoin mining rewards (halving events)
  • Increased competition from other miners
  • Adverse regulatory actions
  • Fluctuations in Bitcoin price

Competitors and Market Share

competitor logo Key Competitors

  • MARA
  • RIOT
  • CLSK

Competitive Landscape

Bitfarms faces intense competition from other large-scale Bitcoin mining operations. Its competitive advantage lies in its low-cost energy sources and efficient operations.

Growth Trajectory and Initiatives

Historical Growth: Bitfarms' growth has been primarily driven by increasing its hash rate and expanding its mining infrastructure.

Future Projections: Future growth is dependent on factors such as Bitcoin price, mining efficiency, and access to capital. Analyst estimates vary widely based on these factors.

Recent Initiatives: Recent initiatives include expanding mining facilities and upgrading mining hardware to improve efficiency.

Summary

Bitfarms is a Bitcoin mining company dependent on the price of Bitcoin and its operational efficiency. While it has expanded its mining capacity, its performance is strongly tied to market volatility. The company needs to manage its energy costs and remain competitive in the evolving mining landscape. They should also look out for new regulations and Bitcoin Halving events.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Financial News Outlets
  • Industry Reports

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. Market conditions and company performance can change rapidly. Consult with a financial advisor before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization 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 -
Full time employees -

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.