Equities

Bitfarms Ltd

Bitfarms Ltd

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TechnologyTechnology Hardware and Equipment
  • Price (CAD)2.96
  • Today's Change0.09 / 3.14%
  • Shares traded6.17m
  • 1 Year change+86.16%
  • Beta3.1860
Data delayed at least 15 minutes, as of Nov 22 2024 21:00 GMT.
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About the company

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 Company’s 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.

  • Revenue in CAD (TTM)255.78m
  • Net income in CAD-176.99m
  • Incorporated2018
  • Employees170.00
  • Location
    Bitfarms Ltd110 Yonge Street, Suite 1601TORONTO M5C 1T4CanadaCAN
  • Phone+1 (647) 259-1790
  • Websitehttps://bitfarms.com/
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Institutional shareholders

12.23%Per cent of shares held by top holders
HolderShares% Held
Invesco Capital Management LLCas of 29 Dec 202310.97m2.42%
Heights Capital Management, Inc.as of 31 Dec 20239.26m2.04%
Tidal Investments LLCas of 30 Sep 20246.23m1.37%
Van Eck Associates Corp.as of 08 Nov 20246.16m1.36%
SSgA Funds Management, Inc.as of 07 Nov 20245.19m1.15%
Susquehanna Financial Group LLLPas of 30 Sep 20244.06m0.90%
Global X Management Co. LLCas of 07 Nov 20243.90m0.86%
Vident Advisory LLCas of 08 Nov 20243.63m0.80%
Citadel Securities LLCas of 30 Sep 20243.33m0.74%
BlackRock Fund Advisorsas of 07 Nov 20242.73m0.60%
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Data from 30 Sep 2024 - 30 Sep 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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