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BITF

Bitfarms Ltd Price

BITF
$1,97
-$0,01(-%0,50)

*Data last updated: 2026-04-07 23:06 (UTC+8)

As of 2026-04-07 23:06, Bitfarms Ltd (BITF) is priced at $1,97, with a total market cap of $1,22B, 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$1,22B
Volume15,26M
P/E Ratio-4,55
Dividend Yield (TTM)%0,00
Diluted EPS (TTM)0,52
Net Income (FY)-$284,54M
Revenue (FY)$229,27M
Earnings Date2026-05-13
EPS Estimate0,11
Revenue Estimate$65,67M
Shares Outstanding617,04M
Beta (1Y)3.7483191

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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Risk Warning

The stock market involves a high level of risk and price volatility. The value of your investment may increase or decrease, and you may not recover the full amount invested. Past performance is not a reliable indicator of future results. Before making any investment decisions, you should carefully assess your investment experience, financial situation, investment objectives, and risk tolerance, and conduct your own research. Where appropriate, consult an independent financial adviser.

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Hot Posts About Bitfarms Ltd (BITF)

GateLaunch

GateLaunch

16 hours ago
Gate Weekly Coin Listing Report: March 30, 2026 - April 5, 2026 Spot: $EDGEX, $WL, $MEZO, #R2, 🔹 Contracts: $UNITAS 🔹 TradFi: $BLSH (Bullish), $HON (Honeywell), $SOFI (Sofi Technologies), $HPE (Hewlett Packard Enterprise), $TGT (Target), $BE (Bloom Energy), $LRCX (Lam Research), $CL (Colgate-Palmolive), $BEN (Fidelity Resources), $ACN (Accenture), $OKLO (Oklo), $STRL (Sterling Infrastructure), $WPM (Wheaton Precious Metals), $CLSK (CleanSpark), $CIM (Chimera Investment), $UMC (United Microelectronics), $TRMB (Trimble Navigation), $TLN (Talen Energy), $HUT (Hut 8 Mining), $BITF (Bitfarms), $PEG (Public Service Enterprise Group), $ISRG (Intuitive Surgical), $CRCL (Circle Internet), $CLS (Tianhong Technology), $VRT (Vitec Technologies), $UPS (United Parcel Service), $CRDO (Credo Technology), $DLTR (Dollar Tree), $EQR (Equity Residential), $IP (International Paper), $BLK (BlackRock), $MAT (Mattel), $ASML (ASML), $USB (U.S. Bancorp), $OKTA (Okta), $LAC (Lithium Americas), $TQQQ (3x Nasdaq ETF), $TTWO (Take-Two Interactive Software), $AALG (American Airlines), $AMD (Advanced Micro Devices), $TRV (Travelers Insurance), $BRKB (Berkshire Hathaway), $TTD (The Trade Desk), $EXPE (Expedia Group), $MFA (MFA Financial), $DELL (Dell Technologies), $CDNS (Cadence Design Systems), $GILD (Gilead Sciences), $PM (Philip Morris), $APP (AppLovin), $COP (ConocoPhillips), $WBD (Warner Bros. Discovery), $BHP (BHP), $CEG (Constellation Energy), $VST (Vistra Energy), $FCX (Freeport-McMoRan), $VRTX (Vertex Pharmaceuticals), $AMGN (Amgen), $JBL (Jabil), $STX (Seagate Technology), $STZ (Constellation Brands), $BASED $INSM Insmed(, )$DOCU DocuSign(, $QQQ (Invesco QQQ Trust Series 1 ETF), $RF (Regions Financial), )$MPLX MPLX LP(, $BUD (Budweiser Brewing), $SE (Sea Group), $IBN (India Industrial Credit Investment Bank), )$PSIX Power Solutions(, $GRAB (Grab Holdings), $REGN (Regeneron Pharmaceuticals), $MSTR (MicroStrategy), )$GLXY Galaxy Digital(, $UL (Unilever), $NOW (ServiceNow), $VZ (Verizon Communications), $LLY (Eli Lilly), $WY (Weyerhaeuser), $MOH (Molina Healthcare), $CMCSA (Comcast), $RACE (Ferrari), $ZIM (Zim Integrated Shipping Services), $PVH (PVH Corp), )$RIVN Rivian(, $PLAY (Dave & Buster's Entertainment), $WDC (Western Digital), )$SBET SharpLink(, $TOYOTA (Toyota Motor), $FTNT (Fortinet), $HTHT (Huazhu Group), $MRVL (Marvell Technology), )$BMNR BitMine(, $QCOM (Qualcomm), $FDX (FedEx Corporation), $HSBC (HSBC), $NVS (Novartis), )$RBLX Roblox(, $CAH (Cigna), $FUTU (Futu), )$ADBE Adobe(, $COST (Costco Wholesale), $SPGI (S&P Global), )$FIG Figma(, )$SNAP Snap(, )$WDAY Workday(, )$DAVE Dave( 🔹 Participate in )$XAUT activities, 53 ounces of gold rewards waiting to be claimed 👉 Join now: https://www.gate.com/candy-drop/detail/XAUT-305
EDGEX+%20,92
R2-%3,83
WL-%16,91
MEZO-%27,37
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RunWithRugs

RunWithRugs

04-06 14:39
(MENAFN- Crypto Breaking) Bitfarms' (BITF) shares rose about 6.6% on Tuesday even as the miner reported a widened net loss for 2025, underscoring the market's focus on its strategic pivot from Bitcoin mining to high-performance computing and artificial intelligence infrastructure. The company's full-year results show revenue climbing 72% year over year to $229 million, but cost of revenue running at $248 million produced a gross loss. General and administrative expenses also increased, contributing to a challenging bottom line. The change in fair value of digital assets swung to a $50.5 million loss in 2025 from a $26 million gain in 2024, though a $28.2 million realized gain on the sale of digital assets helped soften the impact. The earnings backdrop highlights the pressure facing Bitcoin miners as the cycle shifts. Bitcoin mining profitability margins have narrowed as the price of Bitcoin has fallen about 46% from its October peak, and mining difficulty has risen roughly 58.5% since the last halving in May 2024, according to market trackers. During the earnings call, Bitfarms CEO Ben Gagnon outlined the company's bold strategic pivot. The firm“made the decision to walk away” from its Bitcoin mining operations in November and has since built a new business focused on HPC and AI data centers. He said,“No half-measures, no compromises, and in time, no Bitcoin. We built a new company.” The plan includes rebranding to Keel Infrastructure and relocating the company's legal base from Canada to the United States, with shareholder approval already secured. As part of the pivot, Bitfarms indicates it still holds approximately $161 million in unencumbered Bitcoin, a asset base it intends to leverage as it scales its new infrastructure strategy. Gagnon stressed that the HPC/AI thesis requires“top-tier infrastructure” to support hyperscalers and neoclouds for the next wave of AI applications, and the company is pursuing a large-scale build-out across North America. The filing describes a 2.2 gigawatt digital infrastructure development pipeline designed to deliver this capability. Bitfarms is part of a broader wave among Bitcoin miners expanding into AI and HPC to pursue higher-margin opportunities. Peers such as Iris Energy, Cipher Mining, Riot Platforms, and MARA Holdings have all signaled or pursued AI-enabled hosting and data-center strategies to diversify beyond pure BTC mining. The competitive backdrop underscores a larger industry transition as miners seek to align their capital-intensive operations with the growing demand for AI-ready compute capacity. Bitfarms is actively advancing the infrastructure push, with a 2.2 GW pipeline across North America intended to support the transition to HPC/AI workloads. The company's leadership argues that the shift is essential to capture the growth in AI-enabled compute demand, even as the current Bitcoin cycle weighs on near-term profitability. Market context remains important for readers assessing the viability of Bitfarms' pivot. The mixed signals from the sector-persistent BTC price volatility, rising mining difficulty, and the capital intensity of large-scale HPC deployments-mean investors will be watching not only the execution of the Keel Infrastructure plan but also how the business manages cash flow during the transition. The company's 2025 results and the pace at which it converts its unencumbered Bitcoin into strategic capital will shape how the market price of BITF responds in the coming quarters. BITF shares closed Tuesday trading hours up 6.64% to C$2.73, with investors parsing the company's long-run opportunity as a strategic reorientation rather than a conventional mining update. For context, the full-year results and the pivot plan were outlined in the company's results statement available here: full-year results statement. Market data on the stock can be followed at Google Finance. Bitcoin price data referenced in market coverage shows a substantial decline from October's highs, while mining difficulty metrics corroborate the tougher operating environment for traditional miners. These dynamics help explain why Bitfarms' management is pursuing a long-horizon transformation into a scalable AI-ready infrastructure provider, rather than relying solely on cyclical BTC mining margins. As the transition unfolds, investors should monitor how Keel Infrastructure positions itself with hyperscalers, the pace of North American site development, and any changes to the company's capital structure or debt strategy. The next earnings cycle and potential partnerships will be telling indicators of whether the new infrastructure-focused strategy can translate into sustainable profitability amid a still-choppy crypto market. Looking ahead, the key questions are how quickly Bitfarms can scale its HPC/AI deployments, how the company manages the cost of capital during the transition, and whether the pivotal rebrand and US relocation can unlock the longer-term value of its unencumbered Bitcoin and new compute assets. ** Risk & affiliate notice:** Crypto assets are volatile and capital is at risk. This article may contain affiliate links. MENAFN01042026008006017065ID1110929687
BTC+%2,54
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Crypto_Beauty

Crypto_Beauty

04-06 08:01
#BitcoinMiningIndustryUpdates #BitcoinMiningIndustryUpdates : Bitcoin Mining Industry: Full Update — April 2026 As of April 2026, Bitcoin is attempting a recovery from its Q4 2025 lows near $80,000, with the current price around $69,150, reflecting a 3% gain over the past 24 hours. Daily highs and lows have ranged from $66,610 to $69,597, while weekly and monthly gains stand at 1.28% and 4.82%, respectively. Despite these short-term recoveries, the 90-day performance shows a significant decline of 24.32%, and market capitalization remains below $1.38 trillion, highlighting that Bitcoin is still well below its October 2025 all-time high of approximately $124,500. 1. The Mining Difficulty Story: A Rare Drop After Record Highs Bitcoin's mining difficulty, which relentlessly climbed throughout 2025, finally showed signs of relief in early 2026. In January, difficulty dropped slightly to 146.4 trillion, marking the first decline after multiple consecutive record highs. By March 21, at block height 941,472, a more significant 7.76% drop brought difficulty down to 133.79 trillion. This decrease followed a reduction in hashrate, as unprofitable miners began shutting off machines. Difficulty later partially recovered to 138.97 trillion as some capacity returned online. These adjustments are part of Bitcoin’s self-regulating mechanism to maintain 10-minute block times, but they also indicate serious profitability stress across the mining industry. 2. Profitability: The Harshest Environment Since the Halving The CoinShares 2026 Mining Report highlighted Q4 2025 as the most difficult quarter for miners since the April 2024 halving. Hashprice, which measures revenue earned per petahash per day, peaked at $63/PH/s/day in July 2025 but collapsed below $30/PH/s/day by Q4 2025, marking a five-year low. Most miners consider $40/PH/s/day the critical breakeven threshold, below which operators must decide whether to continue running machines. Average Bitcoin production costs as of mid-March 2026 are approximately $88,000 per BTC, meaning most miners are operating at a loss with the market price near $69,000. About 15–20% of older machines are unprofitable, and rising electricity costs — driven by winter energy prices, increased network difficulty, and falling BTC prices — exacerbate the strain. 3. The Big Story: Miners Are Pivoting to AI The defining structural shift of 2026 is the pivot toward artificial intelligence and high-performance computing (HPC) infrastructure. Faced with compressed margins, publicly listed miners are repurposing their infrastructure, leveraging large power capacity, land, and cooling systems to host AI data centers. Marathon Digital Holdings (MARA), the largest US public miner, has cut 15% of its workforce and liquidated over 15,000 BTC in March 2026 to fund AI and HPC transitions while reducing convertible debt by 30%. CleanSpark (CLSK) achieved GAAP profitability and now operates through Bitcoin mining, excess power sales, and leasing compute capacity to AI/HPC tenants, expanding its data center footprint in Texas. Riot Platforms (RIOT) sold more BTC than it mined in Q1 2026, holding 15,680 BTC on its balance sheet by quarter-end. Bitfarms (BITF) and IREN are fully repositioning as HPC providers, using mining as a bridge business, while Bitfarms also announced a shutdown of certain mining operations amid a $285 million loss. TeraWulf (WULF) and Cipher Mining (CIFR) operate hybrid mining-AI models, with total industry debt across major players exceeding $5.7 billion. 4. Hashrate: A Historic First Decline Over 40% of global hashrate is now controlled by publicly listed miners redirecting power capacity from mining to AI hosting, leading to the first-ever quarterly decline in global Bitcoin hashrate. Smaller unprofitable operators have shut off machines entirely, unable to cover electricity costs. This structural shift has long-term implications: as miners reduce BTC sell pressure thanks to AI revenue supporting operating costs, treasury-held Bitcoin may remain on balance sheets longer, which is bullish for supply dynamics. 5. Post-Halving Economics: The New Mining Reality The April 2024 halving cut block rewards from 6.25 BTC to 3.125 BTC per block, while operating costs remained largely unchanged. Transaction fees have become increasingly critical to miner revenue, and Layer 2 solutions like the Lightning Network, while reducing on-chain activity, preserve block space for high-value transactions. In 2026, surviving miners approach operations as sophisticated energy arbitrage businesses rather than simple coin-printing machines, leveraging electricity efficiency and strategic positioning to maintain profitability. 6. Legislation: "Mined in America" Push Regulatory developments also play a key role in shaping the mining landscape. The "Mined in America" Bill, introduced by US Senators on March 31, 2026, aims to incentivize domestic Bitcoin mining operations, reflecting bipartisan interest in securing local infrastructure amid global competition. However, permitting restrictions or new regulations could impact both mining and AI revenue strategies, maintaining regulatory uncertainty. 7. Key Bitcoin Mining Stocks to Watch (2026) Publicly listed miners in 2026 demonstrate varied strategies and risk profiles. Marathon Digital Holdings (MARA) is undergoing an AI pivot with large-scale BTC liquidation, CleanSpark (CLSK) is expanding AI data center operations while maintaining profitability, and Riot Platforms (RIOT) is restructuring after heavy BTC sales. TeraWulf (WULF) and Cipher Mining (CIFR) operate hybrid AI-mining models, while IREN has fully repositioned as an HPC provider. Bitfarms (BITF) faces partial shutdowns and operational losses. These companies illustrate the divergent paths miners are taking to survive in the post-halving, low-margin environment. 8. The Bottom Line: What Investors and Miners Should Know Three forces define the 2026 mining landscape. First, profitability is under extreme stress, with hashprice at five-year lows, production costs exceeding BTC price for many operators, and electricity costs rising. Second, the AI pivot is increasingly essential; companies that successfully transition to AI and HPC infrastructure stand to benefit from multibillion-dollar opportunities. Third, Bitcoin’s price remains the ultimate variable — a sustained recovery above $80,000–$90,000 could dramatically improve profitability, whereas current levels near $69,000 continue to exert financial pressure on miners. In 2026, mining is no longer purely about producing Bitcoin; it is about who can efficiently convert energy and computing capacity into diverse revenue streams, whether through block rewards, transaction fees, or AI hosting contracts. Data current as of April 6, 2026. BTC price, difficulty, and profitability figures reflect live-market conditions. Past performance does not indicate future results. This report is for informational purposes only and does not constitute investment advice.
BTC+%2,54
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