Founded in 2017, Bitfarms is a Bitcoin mining company, running vertically integrated mining operations with onsite technical repair, proprietary data analytics and Company- owned electrical engineering and installation services to deliver high operational performance and uptime. Having demonstrated rapid growth and stellar operations, Bitfarms became the first Bitcoin mining company to complete its long form prospectus with the Ontario Securities Commission and started trading on the TSX-V in July 2019. On February 24, 2021 Bitfarms was honoured to be announced as a Rising Star by the TSX-V. Bitfarms has a diversified production platform with five industrial scale facilities located in Québec. Each facility is over 99% powered with environmentally friendly hydro power and secured with long-term power contracts. Bitfarms is currently the only publicly traded pure-play mining company audited by a Big Four audit firm.
Company profile
Ticker
BITF
Exchange
Website
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
BITF stock data
Analyst ratings and price targets
Latest filings (excl ownership)
40-F
2022 FY
Annual report (Canada)
21 Mar 23
6-K
Material Change Report
21 Mar 23
6-K
Material Change Report
16 Mar 23
6-K
Bitfarms to Participate in Upcoming Investor Conferences
8 Mar 23
6-K
Bitfarms to Report Fourth Quarter and Full Year 2022
7 Mar 23
6-K
Material Change Report
1 Mar 23
6-K
Material Change Report
9 Feb 23
6-K
Material Change Report
1 Feb 23
6-K
Material Change Report
13 Jan 23
6-K
Bitfarms to Present at the 25th Annual Needham Growth Conference
5 Jan 23
Latest ownership filings
Financial summary
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| Annual (USD) | Dec 22 | Dec 21 | |
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Institutional ownership, Q4 2022
14.2% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 84 |
| Opened positions | 15 |
| Closed positions | 13 |
| Increased positions | 30 |
| Reduced positions | 19 |
| 13F shares | Current |
|---|---|
| Total value | 11.36 bn |
| Total shares | 31.03 mm |
| Total puts | 792.90 k |
| Total calls | 1.59 mm |
| Total put/call ratio | 0.5 |
| Largest owners | Shares | Value |
|---|---|---|
| IVZ Invesco | 13.61 mm | $5.99 bn |
| Mirae Asset Global Investments | 3.87 mm | $1.60 bn |
| Van Eck Associates | 3.23 mm | $1.42 mm |
| Vident Investment Advisory | 1.22 mm | $518.90 mm |
| STT State Street | 1.20 mm | $527.23 mm |
| BLK Blackrock | 1.03 mm | $451.33 mm |
| Geode Capital Management | 858.98 k | $377.00 k |
| Cetera Advisors | 701.14 k | $289.78 mm |
| BMO Bank of Montreal | 630.49 k | $270.09 mm |
| Citadel Advisors | 523.71 k | $230.43 mm |
News
HC Wainwright & Co. Maintains Buy on Bitfarms, Lowers Price Target to $2
23 Mar 23
Bitfarms Registers 55% Topline Decline In Q4 Amid Challenging BTC Pricing Environment
21 Mar 23
Earnings Scheduled For March 21, 2023
21 Mar 23
Bitfarms Q4 EPS $(0.08), Inline, Sales $27.04M Down From $59.60M YoY
21 Mar 23
Why Bitcoin-, Ethereum- And Dogecoin-Related Stocks Are Exploding Higher
14 Mar 23
Press releases
Bitfarms Reports Fourth Quarter and Full Year 2022 Results
21 Mar 23
Bitfarms Mines 387 BTC in February, Exceeding 20,000 BTC
1 Mar 23
Pow.re Announces Successful Closing of US$9.2 Million Series A, US$18 Million Strategic Partnership and Investment in Paraguay, and Advisory Board Appointments
2 Feb 23
Bitfarms Mines 486 Bitcoin in January
1 Feb 23
Bitfarms Seeks Modification of Equipment Loan Facility to Align with Market Conditions
13 Jan 23