Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- Valuation
Upturn AI SWOT - About
Bitfarms Ltd (BITF)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/28/2025: BITF (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution 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 -4.81% | Avg. Invested days 22 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/28/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 742.93M 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 4.17 | 52 Weeks Range 0.67 - 2.76 | Updated Date 08/28/2025 |
52 Weeks Range 0.67 - 2.76 | Updated Date 08/28/2025 | ||
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 2025-08-12 | When - | Estimate -0.02 | Actual -0.05 |
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 671983164 | Price to Sales(TTM) 3.02 |
Enterprise Value 671983164 | Price to Sales(TTM) 3.02 | ||
Enterprise Value to Revenue 2.74 | Enterprise Value to EBITDA 26.88 | Shares Outstanding 552600000 | Shares Floating 525378556 |
Shares Outstanding 552600000 | Shares Floating 525378556 | ||
Percent Insiders 4.72 | Percent Institutions 22.08 |
Upturn AI SWOT
Bitfarms Ltd
Company Overview
History and Background
Bitfarms Ltd. was founded in 2017 and is a global self-mining company. It focuses on Bitcoin mining operations and has grown through strategic acquisitions and expansions of its mining infrastructure.
Core Business Areas
- Bitcoin Mining: Bitfarms' primary business is mining Bitcoin using its own facilities and equipment. This involves deploying and operating high-performance computing infrastructure to solve complex cryptographic puzzles and earn Bitcoin rewards.
Leadership and Structure
The leadership team consists of seasoned executives with expertise in finance, technology, and cryptocurrency. The organizational structure is designed to support efficient mining operations and strategic growth.
Top Products and Market Share
Key Offerings
- Bitcoin Mining: Bitfarms generates revenue primarily through Bitcoin mining. Revenue is determined by the volume of Bitcoin mined and prevailing Bitcoin prices. Competitors include Marathon Digital (MARA) and Riot Platforms (RIOT).
Market Dynamics
Industry Overview
The Bitcoin mining industry is characterized by intense competition, fluctuating Bitcoin prices, and evolving regulatory landscapes. Energy costs and technological advancements are crucial factors.
Positioning
Bitfarms aims to be a leading, vertically integrated Bitcoin mining company with a focus on efficient operations and sustainable energy sources.
Total Addressable Market (TAM)
The TAM for Bitcoin mining is dependent on the price of Bitcoin and the global hashrate. Estimates vary, but represent billions of dollars annually. Bitfarms is positioned to capture a portion through efficient operations.
Upturn SWOT Analysis
Strengths
- Significant mining capacity
- Use of renewable energy sources
- Experienced management team
- Geographically diversified mining operations
Weaknesses
- High operational costs (especially electricity)
- Dependence on Bitcoin price volatility
- Regulatory uncertainty in various jurisdictions
- Susceptible to supply chain disruptions (e.g., mining equipment)
Opportunities
- Expansion of mining capacity
- Strategic acquisitions of smaller miners
- Development of new mining technologies
- Participation in Bitcoin ecosystem development
Threats
- Increased mining difficulty
- Declining Bitcoin prices
- Regulatory restrictions on Bitcoin mining
- Competition from larger mining companies
Competitors and Market Share
Key Competitors
- MARA
- RIOT
- CLSK
- HUT
Competitive Landscape
Bitfarms competes with other publicly listed and private Bitcoin mining companies. Its advantages include access to renewable energy and efficient mining operations. Disadvantages include dependence on Bitcoin price volatility and regulatory uncertainty.
Growth Trajectory and Initiatives
Historical Growth: Bitfarms has grown significantly through expansion of its mining infrastructure and strategic acquisitions.
Future Projections: Future growth depends on Bitcoin prices, mining efficiency improvements, and the company's ability to secure financing for further expansion.
Recent Initiatives: Recent initiatives include expanding mining capacity, upgrading mining equipment, and focusing on sustainable energy sources.
Summary
Bitfarms is a Bitcoin mining company focused on expansion and efficient operations. The company's success is closely tied to Bitcoin's price. Key risks include regulatory changes and competition. Its utilization of renewable energy is a strategic advantage, and the company needs to carefully manage costs and capital expenditures to remain competitive.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Analyst estimates
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on thorough research and consultation with a financial advisor.
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.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.