BITF

Bitfarms Ltd Price

BITF
$1.97
-$0.01(-0.50%)

*Data last updated: 2026-05-22 21:33 (UTC+8)

As of 2026-05-22 21:33, Bitfarms Ltd (BITF) is priced at $1.97, with a total market cap of $1.30B, a P/E ratio of -4.55, and a dividend yield of 0.00%. Today, the stock price fluctuated between $1.84 and $1.98. The current price is 7.06% above the day's low and 0.50% below the day's high, with a trading volume of 15.26M. Over the past 52 weeks, BITF has traded between $1.84 to $2.02, and the current price is -2.47% away from the 52-week high.

BITF Key Stats

Yesterday's Close$1.98
Market Cap$1.30B
Volume15.26M
P/E Ratio-4.55
Dividend Yield (TTM)0.00%
Diluted EPS (TTM)0.66
Net Income (FY)-$284.54M
Revenue (FY)$229.27M
Earnings Date2026-05-13
EPS Estimate0.11
Revenue Estimate$65.67M
Shares Outstanding657.65M
Beta (1Y)3.72004

About BITF

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.
SectorFinancial Services
IndustryFinancial - Capital Markets
CEOBenjamin J. Gagnon
HeadquartersToronto,ON,CA
Official Websitehttps://www.bitfarms.com

Bitfarms Ltd (BITF) FAQ

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Bitfarms Ltd (BITF) is currently trading at $1.97, with a 24h change of -0.50%. The 52-week trading range is $1.84–$2.02.

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Hot Posts About Bitfarms Ltd (BITF)

37Degrees

37Degrees

05-18 15:48
Thinking on the plane, subsequent position building directions The macro environment is worsening, but the war is behind us, oil prices are in front, the mid-term elections are the answer, so oil prices will also soon be behind us 1. Core bottom positions in big tech $MSFT , @META@ stay unchanged, buy more on dips, $TSLA has a lot of floating shares, wait for a shake before entering again, $GOOG needs to see if there's an opportunity 2. AI chips, storage, overextending into the future, crowded in the short term, optimistic in the long term, short-term sentiment is too high, need to shake floating shares, like I bought $MU at over 600, if not taking profits, I will definitely be washed out, once floating shares run out, it's another buying opportunity, the AI revolution is grand $SNDK $DRAM 3. Aerospace sector, before June, the more it falls, the more I hope $RKLB this correction can drop more, my position isn't enough yet, space infrastructure sector, truly a vast universe of stars 4. Software sector, some are wrongly beaten down, some are rightly beaten down, data is king, probably one of the least crowded sectors, plan to buy the first batch of neglected stocks, possibly the fastest AI landing options 5. NEOCLOUD sector, seeing AI investment legend Leopold Aschenbrenner's holdings, 39% position betting on mining companies shifting to AI stocks, these miners share the trait of having existing electricity, the falling coin price leads to undervalued stocks, maybe that's his reason for investing, I previously discussed my poor impression of mining companies, but AI might reshape them into token factories, continuously generating higher cash flow. A practical issue, in the short term, mining companies raise funds to burn money building factories, these orders and financing are not income, because they really have no money to build data centers themselves, T3 data centers are extremely costly, currently they still act as real estate developers, not yet in AI, I haven't figured it out yet, need to think more $IREN $CORZ $APLD $RIOT $CLSK $BITF $BTDR
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ShizukaKazu

ShizukaKazu

05-02 15:17
#美国寻求战略比特币储备 #Gate广场五月交易分享 The most significant signal in the crypto world recently is not Bitcoin's short-term price fluctuations, but the major official announcement of the United States' strategic Bitcoin reserves! As the world's number one economy, the U.S. has officially included Bitcoin into its national strategic reserve category. This move has long surpassed ordinary cryptocurrency regulation, directly rewriting the global positioning of digital assets, and is a heavy blow to the existing international financial system. Today, we will deeply analyze what kind of big game the U.S. is playing behind the scenes. What does this mean for the crypto industry and global investors? 1. What exactly is the U.S. strategic Bitcoin reserve? Many people are still unfamiliar with this concept, so let's clarify the core definition. The U.S. strategic Bitcoin reserve, simply put, is the Bitcoin confiscated through judicial and law enforcement procedures by the U.S. federal government, unified into the national strategic asset system, fully managed by the Treasury Department, with a policy of permanent holding and prohibition of sale (except for judicial restitution to victims). This strategy is not baseless; as early as March 2025, Trump signed an executive order to end the long-standing practice of auctioning off confiscated Bitcoin by the U.S. government, officially establishing Bitcoin as a national reserve asset. Recently, White House advisors have directly sent a key signal: a major announcement regarding the U.S. strategic Bitcoin reserve is imminent, with details on custody rules, asset expansion plans, and more to be implemented one by one. As of the end of April 2026, the total amount of confiscated Bitcoin held by the U.S. has reached 328,372 coins, valued at over $25 billion at current market prices, accounting for 1.64% of Bitcoin's total circulating supply, making it the largest Bitcoin holder among sovereign nations, surpassing all other countries. 2. Where does the reserve come from? Why is the U.S. deploying Bitcoin? 1. Zero-cost reserve assets, entirely from judicial confiscations and different from what people imagine. The U.S. Bitcoin reserve has not spent a single dollar of taxpayers' money; it is entirely derived from fines and assets seized in cases against dark web activities, money laundering, hacking, etc.: the classic Silk Road case, with 50,676 Bitcoins confiscated; the Bitf hacking case, with 119,754 Bitcoins seized; the rest from various ransomware and crypto money laundering cases. Essentially, the U.S. has acquired hundreds of billions worth of digital assets at "zero cost," making this deal highly profitable. 2. Deep strategic intent: Seizing digital financial hegemony and hedging against dollar crises. The U.S. deployment of Bitcoin reserves is not a sudden whim but driven by multiple core ambitions: ✅ Hedging against the risks of excessive dollar issuance: Bitcoin's fixed supply of 21 million coins has deflationary properties, perfectly hedging against the over-issuance and high inflation of the dollar, becoming a "digital safe haven" for national wealth; ✅ Controlling Bitcoin pricing power: Coupled with Wall Street-led Bitcoin ETFs, the U.S. government and institutions jointly control the world's largest Bitcoin holdings, thoroughly dominating global Bitcoin pricing; ✅ Rebuilding the global reserve system: Creating a "gold + Bitcoin" dual strategic reserve, replacing part of traditional gold reserves, leveraging Bitcoin's liquidity advantages to consolidate the dollar's hegemonic position in the digital economy era; ✅ Seizing geopolitical financial opportunities: Responding to the global de-dollarization trend, using decentralized Bitcoin to break traditional cross-border financial restrictions, and strengthening control over the global financial system. 3. Heavy impacts: Bitcoin fully shedding its "niche speculation" label The endorsement of the U.S. national strategic reserve directly tags Bitcoin as a "national-level strategic asset," leading to disruptive effects: 1. Market level: Reduced circulation, long-term value appreciation 328k+ Bitcoins are permanently locked, no longer entering the secondary market, directly reducing market liquidity. If Congress later passes a bill to increase holdings to 1 million coins, the U.S. will hold 5% of the circulating Bitcoin, creating supply-demand imbalance, and the long-term scarcity premium of Bitcoin will fully explode. Meanwhile, government backing will dispel institutional concerns, prompting pension funds, sovereign wealth funds, and large capital to accelerate entry, shifting Bitcoin from speculative asset to mainstream investment. 2. Industry level: Accelerated crypto compliance Using the national reserve as leverage, the U.S. will lead the formulation of global cryptocurrency regulation rules. In the future, the global crypto market will accelerate toward compliance, with small and non-compliant projects being phased out, while major assets like Bitcoin and Ethereum will continue to attract funds and become the absolute market mainstream. 3. Global level: The start of a national Bitcoin reserve race The U.S. taking the lead sets an example for other countries! Next, more nations are likely to follow suit, establishing their own Bitcoin strategic reserves. A new global reserve system of "fiat currency + gold + Bitcoin" will gradually replace traditional reserve patterns, leading to a reorganization of the international financial order. 4. Unavoidable risks and uncertainties Despite the clear benefits, risks remain hidden. Everyone must view this rationally: Legal risks: Currently, the reserve relies solely on executive orders and has not yet been legislated by Congress. If the U.S. government changes, policies could reverse at any time, even leading to a black swan event of reserve sell-off; Volatility risks: Bitcoin's inherent high volatility remains. If prices plummet, the value of the national reserve could shrink, potentially triggering market panic; Regulatory risks: After controlling the holdings, the U.S. might use regulatory rules to intervene in the market, provoking countermeasures from other countries and creating policy uncertainties in the industry. 5. Immediate and long-term impacts on the cryptocurrency market The U.S. strategic Bitcoin reserve is essentially a formal recognition of Bitcoin as digital gold by the world's top economy. This is no longer just a niche hype but a financial layout at the national level, marking Bitcoin's transition from a speculative asset to a strategic asset recognized by sovereign nations. In the short term, the official reserve announcement will be the core catalyst for Bitcoin's price movements, increasing market volatility, but the long-term bottom will continue to rise; in the long run, the global crypto landscape is set, and the golden age of Bitcoin has just begun. For investors, understanding this core trend is far more important than obsessing over short-term price swings. This article is for industry analysis and information sharing only and does not constitute any investment advice.
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