Bitfarms Ltd.

Overview
- Type
- Public Company – BITF
- BTC Balance
- 385
- Last Updated
Market info as of :
- Stock Price
- $1.09
- Market Cap
- $258,647,728
- Enterprise Value
- $298,731,360
Since first reported BTC balance on :
- BTC vs USD
- -42.4%
- Stock Price vs USD
- -81.8%
- Stock Price vs BTC
- -68.4%
About
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. (Source: Yahoo Finance)
Stats Over Time
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Balance Sheet History
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Mar 20, 2023 | 385 | -20 | $28,187 | $0.88 | |
Dec 31, 2022 | 405 | -2,896 | $16,604 | $0.44 | |
Dec 31, 2021 | 3,301 | +3,301 | $47,192 | $5.12 |
- Sources
- Notes
In early January 2021, the Company implemented a digital asset management program pursuant to which the Company added 3,301 BTC to its balance sheet during the year ended December 31, 2021.
- Includes 1,875 BTC pledged as collateral (as per Note 9: Digital Assets)
- Submitted By:
- Sources
- Notes
[...] The purchase and disposal of BTC as described above while the Company continued to mine BTC resulted in the net reduction from December 31, 2021 to December 31, 2022 of 2,896 BTC for total holdings of 405 BTC as of December 31, 2022 [...]
- Includes 125 BTC pledged as collateral (as per Note 9: Digital Assets)
- Submitted By:
- Sources
- Notes
As of March 20, 2023, the Company has accumulated 385 BTC, net of BTC sales, valued at $10.7 million on its balance sheet.
- Submitted By: