BitfarmsBITF
About: Bitfarms Ltd engaged in the cryptocurrency Mining industry mainly consists of selling its computational power used for hashing calculations for cryptocurrency mining in multiple jurisdictions. Its geographic operations are currently located in Canada, the United States, Argentina, and Paraguay. It owns and operates server farms comprised of computers designed to validate transactions on the Bitcoin Blockchain.
Employees: 170
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
206% more call options, than puts
Call options by funds: $21.9M | Put options by funds: $7.18M
61% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 31
21% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 29
4.81% more ownership
Funds ownership: 16.79% [Q3] → 21.61% (+4.81%) [Q4]
2% more funds holding
Funds holding: 144 [Q3] → 147 (+3) [Q4]
5% less capital invested
Capital invested by funds: $160M [Q3] → $152M (-$7.93M) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
HC Wainwright & Co. Mike Colonnese 14% 1-year accuracy 9 / 64 met price target | 308%upside $3.50 | Buy Maintained | 27 Mar 2025 |
Financial journalist opinion
Based on 48 articles about BITF published over the past 30 days









