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Price: $1.6300
$0.02 
1.242%
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| Day's High:
| $1.7
| Week Perf:
| -2.98 %
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| Day's Low: |
$ 1.61 |
30 Day Perf: |
-2.98 % |
| Volume (M): |
38,080 |
52 Wk High: |
$ 3.28 |
| Volume (M$): |
$ 62,070 |
52 Wk Avg: |
$2.13 |
| Open: |
$1.63 |
52 Wk Low: |
$1.47 |
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| Product Service News
Published Thu, Jan 2 2025 12:23 PM UTC
In the rapidly evolving world of cryptocurrency mining, Bitfarms has carved out a significant position for itself, demonstrating notable strides in growth, efficiency, and strategic expansion. The company s December 2024 Production and Operations Update presents a comprehensive overview of its recent achievements and strategic moves, with implications that could shape its co...
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| Management Announcement
Published Mon, Dec 2 2024 12:00 PM UTC
Bitfarms Surges Ahead: November 2024 Production Metrics Showcase Major Milestone In a compelling update from Bitfarms, a prominent player in the cryptocurrency mining sector, the company reported notable operational achievements for November 2024. With a remarkable hash rate of 12.8 EH/s (exahashes per second), Bitfarms not only underscored its position as a leader in Bitco...
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| Management Announcement
Published Fri, Nov 1 2024 11:00 AM UTC
In a pivotal moment for the cryptocurrency mining sector, Bitfarms Ltd. (NASDAQ: BITF) has announced substantial operational achievements while simultaneously bolstering its leadership with the appointment of Rachel Silverstein as U.S. General Counsel. This dual announcement sheds light on the company s strategic focus amid a volatile market environment, regulatory scrutiny,...
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| Management Changes
Published Mon, Oct 28 2024 11:00 AM UTC
In a transformative period for the cryptocurrency mining sector, Bitfarms Ltd. (NASDAQ: BITF) has solidified its future with the appointment of Rachel Silverstein as its U.S. General Counsel, a strategic decision underscored by the company s recent operational successes. This dual announcement arrives during a time when the market for cryptocurrencies is rife with volatility...
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| Management Announcement
Published Tue, Oct 1 2024 11:00 AM UTC
Bitfarms: A Comprehensive Production and Operations Update for September 2024In a pivotal moment for Bitfarms Ltd. (NASDAQ: BITF), the company has released an extensive update detailing its production and operational achievements for September 2024. As the dynamics of the cryptocurrency sector continue to evolve, the company?s recent improvements bolster its position in the ...
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On August 8 2024 the provided following guidance
nnBitfarms Reports Second Quarter 2024 Resultsnn
On August 8, 2024, Bitfarms unveiled its financial results for the second quarter of 2024, alongside strategic updates that outline the company's future growth trajectory.
The company reported revenues totaling $42 million for the quarter, marking a decrease of 16% compared to the previous quarter but showing a year-over-year increase of 17%. Despite the revenue decline from Q1 2024, the figures reflect a resilient performance in a volatile market backdrop.
In terms of operational metrics, Bitfarms achieved a gross mining margin of 51%, a drop from 64% in the first quarter but an improvement over the 48% recorded in Q2 2023. This hig...
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