BITF
Bitfarms Ltd
Price Chart
No historical data available
Latest Quote
$1.98
+0.00 (+0.00%)
Current Price
| Previous Close | $1.98 |
| Open | $1.89 |
| Day High | $1.99 |
| Day Low | $1.84 |
| Volume | 37,311,063 |
Stock Information
| Shares Outstanding | 602.85M |
| Sector | Financial Services |
| Industry | Capital Markets |
| Market Cap | $1.20B |
| EPS (TTM) | $-0.38 |
| Exchange | NGM |
đ Comprehensive Analysis
Company Data
| Book/sh | $0.41 |
Financial Ratios
Returns & Margins
Ownership
| Insider Ownership | 4.61% |
| Institutional Ownership | 40.00% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | -198.00 |
| P/B | 4.89 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $4.37 |
| SMA50 | $3.24 |
| SMA200 | $2.85 |
| RSI | 78.22 |
| ATR | 0.5300 |
| Short Float | 11.55% |
| Short Ratio | 2.29 |
| Rel Volume | 1.06 |
Performance History
| Performance data not available |
Stock Score:
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Recent Price History
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About Bitfarms Ltd
Keel Infrastructure Corp. was incorporated in 2026 and is based in Delaware.
đ° Latest News
BITF Q4 Loss Wider Than Estimates, Revenues Grow Y/Y, Shares Rise
Zacks âĸ 2026-04-02T16:25:00Z
Bitfarms US Move And Keel Rebrand Shift Bitcoin Miner To HPC Focus
Simply Wall St. âĸ 2026-03-31T20:05:32Z
Bitfarms Ltd (BITF) Q4 2025 Earnings Call Highlights: Strategic Shift to AI Infrastructure Amid ...
GuruFocus.com âĸ 2026-03-31T19:00:56ZCanadaâs Bitfarms To Sell $123 Million Of Bitcoin Amid Crypto Exit
CryptoProwl âĸ 2026-03-31T18:33:00Z
Bitfarms Ltd. Q4 2025 Earnings Call Summary
Moby âĸ 2026-03-31T16:42:01Z
Bitfarms Conference: BITF to Rebrand as Keel Infrastructure, Pivoting From Bitcoin Mining to AI Data Centers
MarketBeat âĸ 2026-03-31T15:20:18Z
Bitfarms Q4 Earnings Call Highlights
MarketBeat âĸ 2026-03-31T13:26:17Z
Bitfarms (BITF) Shareholders Approve U.S. Redomiciliation and Rebrand to Keel Infrastructure
Insider Monkey âĸ 2026-03-27T21:33:05Z
Bitfarms Gears Up to Report Q4 Earnings: What's in the Offing?
Zacks âĸ 2026-03-27T14:26:00Z
Bitfarms Ltd. (BITF) Declines More Than Market: Some Information for Investors
Zacks âĸ 2026-03-24T22:15:01Z
Period:
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Income Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $225,240,000 | $167,868,000 | $131,910,000 | $58,371,000 |
| Cost Of Revenue | $225,240,000 | $167,868,000 | $131,910,000 | $58,371,000 |
| Total Revenue | $192,881,000 | $146,366,000 | $142,428,000 | $169,491,000 |
| Operating Revenue | $192,881,000 | $146,366,000 | $142,428,000 | $169,491,000 |
| Expenses | ||||
| Interest Expense | $1,738,000 | $4,079,000 | $14,221,000 | $3,420,000 |
| Total Expenses | $296,480,000 | $213,063,000 | $190,166,000 | $106,470,000 |
| Other Income Expense | $34,290,000 | $-37,023,000 | $-130,924,000 | $3,480,000 |
| Net Non Operating Interest Income Expense | $956,000 | $-5,603,000 | $-14,394,000 | $-23,864,000 |
| Total Other Finance Cost | $3,343,000 | $2,944,000 | $629,000 | $20,444,000 |
| Interest Expense Non Operating | $1,738,000 | $4,079,000 | $14,221,000 | $3,420,000 |
| Operating Expense | $71,240,000 | $45,195,000 | $58,256,000 | $48,099,000 |
| Selling And Marketing Expense | $721,000 | $491,000 | $333,000 | $174,000 |
| General And Administrative Expense | $72,661,000 | $38,801,000 | $51,173,000 | $43,064,000 |
| Other Non Operating Income Expenses | - | $2,695,000 | $2,166,000 | - |
| Other Operating Expenses | - | $5,903,000 | $6,750,000 | $4,861,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-54,063,000 | $-108,922,000 | $-175,644,000 | $22,130,000 |
| Net Interest Income | $956,000 | $-5,603,000 | $-14,394,000 | $-23,864,000 |
| Interest Income | $6,037,000 | $1,420,000 | $456,000 | - |
| Normalized Income | $-81,184,271 | $-72,034,801 | $-56,634,084 | $19,572,200 |
| Net Income From Continuing And Discontinued Operation | $-54,063,000 | $-108,922,000 | $-175,644,000 | $22,130,000 |
| Total Operating Income As Reported | $-107,563,000 | $-72,129,000 | $-284,022,000 | $63,640,000 |
| Net Income Common Stockholders | $-54,063,000 | $-108,922,000 | $-175,644,000 | $22,130,000 |
| Net Income | $-54,063,000 | $-108,922,000 | $-175,644,000 | $22,130,000 |
| Net Income Including Noncontrolling Interests | $-54,063,000 | $-108,922,000 | $-175,644,000 | $22,130,000 |
| Net Income Continuous Operations | $-54,063,000 | $-108,922,000 | $-175,644,000 | $22,130,000 |
| Pretax Income | $-68,353,000 | $-109,323,000 | $-193,056,000 | $42,637,000 |
| Special Income Charges | $-3,964,000 | $1,500,000 | $-243,034,000 | $619,000 |
| Interest Income Non Operating | $6,037,000 | $1,420,000 | $456,000 | - |
| Operating Income | $-103,599,000 | $-66,697,000 | $-47,738,000 | $63,021,000 |
| Gross Profit | $-32,359,000 | $-21,502,000 | $10,518,000 | $111,120,000 |
| Per Share | ||||
| Diluted EPS | $-0.13 | $-0.42 | $-1.15 | $0.13 |
| Basic EPS | $-0.13 | $-0.42 | $-1.15 | $0.14 |
| Other | ||||
| Tax Effect Of Unusual Items | $7,168,729 | $-135,801 | $-11,914,084 | $922,200 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $40,062,000 | $16,564,000 | $24,509,000 | $67,053,000 |
| Total Unusual Items | $34,290,000 | $-37,023,000 | $-130,924,000 | $3,480,000 |
| Total Unusual Items Excluding Goodwill | $34,290,000 | $-37,023,000 | $-130,924,000 | $3,480,000 |
| Reconciled Depreciation | $140,967,000 | $84,785,000 | $72,420,000 | $24,476,000 |
| EBITDA (Bullshit earnings) | $74,352,000 | $-20,459,000 | $-106,415,000 | $70,533,000 |
| EBIT | $-66,615,000 | $-105,244,000 | $-178,835,000 | $46,057,000 |
| Diluted Average Shares | $414,669,947 | $262,237,117 | $207,869,565 | $170,230,769 |
| Basic Average Shares | $414,669,947 | $262,237,117 | $207,869,565 | $158,071,429 |
| Diluted NI Availto Com Stockholders | $-54,063,000 | $-108,922,000 | $-175,644,000 | $22,130,000 |
| Tax Provision | $-14,290,000 | $-401,000 | $-17,412,000 | $20,507,000 |
| Gain On Sale Of Ppe | $-336,000 | $-1,778,000 | $-152,087,000 | $559,000 |
| Write Off | $3,628,000 | $9,557,000 | $-2,166,000 | $-1,860,000 |
| Gain On Sale Of Security | $38,254,000 | $-38,523,000 | $112,110,000 | $2,861,000 |
| Other Taxes | $-2,142,000 | $0 | - | - |
| Selling General And Administration | $73,382,000 | $39,292,000 | $51,506,000 | $43,238,000 |
| Other Gand A | $26,349,000 | $9,028,000 | $11,763,000 | $7,810,000 |
| Insurance And Claims | $9,339,000 | $5,668,000 | $9,370,000 | $4,920,000 |
| Salaries And Wages | $36,973,000 | $24,105,000 | $30,040,000 | $30,334,000 |
| Other Special Charges | - | $-12,835,000 | - | - |
| Impairment Of Capital Assets | - | $12,252,000 | $93,113,000 | $1,800,000 |
| Restructuring And Mergern Acquisition | - | - | $150,810,000 | $289,000 |
Fetched: 2026-03-21
Balance Sheet (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $603,956,000 | $291,062,000 | $255,365,000 | $340,371,000 |
| Fixed Assets Revaluation Reserve | $22,695,000 | $2,941,000 | $0 | $0 |
| Total Assets | $667,616,000 | $378,725,000 | $343,098,000 | $542,587,000 |
| Total Non Current Assets | $453,907,000 | $248,741,000 | $274,010,000 | $255,460,000 |
| Non Current Prepaid Assets | $26,469,000 | $4,901,000 | $3,872,000 | $86,681,000 |
| Non Current Deferred Assets | $0 | $0 | $0 | $3,896,000 |
| Non Current Deferred Taxes Assets | $0 | $0 | $0 | $3,896,000 |
| Goodwill And Other Intangible Assets | $4,039,000 | $3,700,000 | $33,000 | $18,636,000 |
| Other Intangible Assets | $4,039,000 | $3,700,000 | $33,000 | $1,681,000 |
| Current Assets | $213,709,000 | $129,984,000 | $69,088,000 | $287,127,000 |
| Hedging Assets Current | $3,418,000 | $1,281,000 | $0 | $0 |
| Assets Held For Sale Current | $5,923,000 | $1,388,000 | $1,220,000 | $1,211,000 |
| Restricted Cash | $32,826,000 | $2,101,000 | $2,148,000 | $86,825,000 |
| Prepaid Assets | $14,554,000 | $6,393,000 | $12,921,000 | $3,202,000 |
| Inventory | $1,180,000 | $705,000 | $588,000 | $548,000 |
| Receivables | $8,968,000 | $2,208,000 | $16,767,000 | $1,038,000 |
| Other Receivables | $1,387,000 | $689,000 | $108,000 | $697,000 |
| Taxes Receivable | $6,322,000 | $805,000 | $15,958,000 | $0 |
| Accounts Receivable | $1,259,000 | $714,000 | $701,000 | $1,038,000 |
| Allowance For Doubtful Accounts Receivable | $-47,000 | $-51,000 | $-37,000 | $-118,000 |
| Gross Accounts Receivable | $1,306,000 | $765,000 | $738,000 | $1,038,000 |
| Cash Cash Equivalents And Short Term Investments | $146,840,000 | $115,908,000 | $35,444,000 | $191,626,000 |
| Cash And Cash Equivalents | $59,542,000 | $84,038,000 | $30,809,000 | $125,595,000 |
| Cash Financial | $59,542,000 | $84,038,000 | $30,809,000 | $125,595,000 |
| Non Current Accounts Receivable | - | - | $2,083,000 | $83,059,000 |
| Other Current Assets | - | - | - | $3,225,000 |
| Debt | ||||
| Total Debt | $23,415,000 | $19,872,000 | $65,011,000 | $84,742,000 |
| Long Term Debt And Capital Lease Obligation | $21,180,000 | $12,993,000 | $18,308,000 | $10,137,000 |
| Long Term Debt | $1,430,000 | - | $4,093,000 | $910,000 |
| Current Debt And Capital Lease Obligation | $2,235,000 | $6,879,000 | $46,703,000 | $74,605,000 |
| Current Debt | $146,000 | $4,022,000 | $43,054,000 | $70,259,000 |
| Other Current Borrowings | $146,000 | $4,022,000 | $43,054,000 | $10,257,000 |
| Net Debt | - | - | $16,338,000 | - |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $59,621,000 | $83,963,000 | $87,700,000 | $183,580,000 |
| Total Non Current Liabilities Net Minority Interest | $23,351,000 | $14,809,000 | $20,287,000 | $18,827,000 |
| Non Current Deferred Liabilities | $65,000 | $0 | $0 | $8,451,000 |
| Non Current Deferred Taxes Liabilities | $65,000 | $0 | $0 | $8,451,000 |
| Current Liabilities | $36,270,000 | $69,154,000 | $67,413,000 | $164,753,000 |
| Other Current Liabilities | $8,141,000 | $40,426,000 | $169,000 | $63,575,000 |
| Payables And Accrued Expenses | $25,894,000 | $21,849,000 | $20,541,000 | $26,573,000 |
| Payables | $22,158,000 | $10,187,000 | $12,897,000 | $26,573,000 |
| Other Payable | $243,000 | - | - | - |
| Total Tax Payable | $0 | $1,110,000 | $0 | $12,093,000 |
| Accounts Payable | $21,915,000 | $9,077,000 | $12,897,000 | $14,480,000 |
| Equity | ||||
| Common Stock Equity | $607,995,000 | $294,762,000 | $255,398,000 | $359,007,000 |
| Total Equity Gross Minority Interest | $607,995,000 | $294,762,000 | $255,398,000 | $359,007,000 |
| Stockholders Equity | $607,995,000 | $294,762,000 | $255,398,000 | $359,007,000 |
| Gains Losses Not Affecting Retained Earnings | $22,695,000 | $2,941,000 | $0 | $0 |
| Retained Earnings | $-334,507,000 | $-299,810,000 | $-197,189,000 | $-21,545,000 |
| Other Equity Adjustments | - | - | $65,512,000 | $43,704,000 |
| Other | ||||
| Ordinary Shares Number | $479,332,885 | $334,153,000 | $224,200,000 | $194,805,893 |
| Share Issued | $479,332,885 | $334,153,000 | $224,200,000 | $194,805,893 |
| Tangible Book Value | $603,956,000 | $291,062,000 | $255,365,000 | $340,371,000 |
| Invested Capital | $609,571,000 | $298,784,000 | $302,545,000 | $430,176,000 |
| Working Capital | $177,439,000 | $60,830,000 | $1,675,000 | $122,374,000 |
| Capital Lease Obligations | $21,839,000 | $15,850,000 | $17,864,000 | $13,573,000 |
| Total Capitalization | $609,425,000 | $294,762,000 | $259,491,000 | $359,917,000 |
| Additional Paid In Capital | $67,521,000 | $56,622,000 | $47,653,000 | $25,845,000 |
| Capital Stock | $852,286,000 | $535,009,000 | $404,934,000 | $354,707,000 |
| Common Stock | $852,286,000 | $535,009,000 | $404,934,000 | $354,707,000 |
| Long Term Capital Lease Obligation | $19,750,000 | $12,993,000 | $14,215,000 | $9,227,000 |
| Long Term Provisions | $2,106,000 | $1,816,000 | $1,979,000 | $239,000 |
| Current Capital Lease Obligation | $2,089,000 | $2,857,000 | $3,649,000 | $4,346,000 |
| Current Accrued Expenses | $3,736,000 | $11,662,000 | $7,644,000 | $4,607,000 |
| Net PPE | $423,399,000 | $240,140,000 | $268,022,000 | $146,247,000 |
| Accumulated Depreciation | $-172,923,000 | $-226,521,000 | $-148,529,000 | $-39,676,000 |
| Gross PPE | $596,322,000 | $466,661,000 | $416,551,000 | $146,247,000 |
| Leases | $82,428,000 | $64,490,000 | $60,972,000 | $9,038,000 |
| Construction In Progress | $51,854,000 | $39,813,000 | $32,230,000 | $1,555,000 |
| Other Properties | $425,447,000 | $354,812,000 | $308,610,000 | $136,926,000 |
| Machinery Furniture Equipment | $2,167,000 | $1,806,000 | $1,347,000 | $283,000 |
| Land And Improvements | $34,426,000 | $5,740,000 | $4,392,000 | $4,549,000 |
| Properties | $0 | $0 | $9,000,000 | $0 |
| Other Short Term Investments | $87,298,000 | $31,870,000 | $4,635,000 | $66,031,000 |
| Line Of Credit | - | $0 | $0 | $60,002,000 |
| Goodwill | - | $0 | $0 | $16,955,000 |
| Buildings And Improvements | - | - | $15,694,000 | $9,038,000 |
Fetched: 2026-03-21
Cash Flow Statement (Annual)
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $-480,416,000 | $-177,016,000 | $-317,402,000 | $-236,575,000 |
| Operating Activities | ||||
| Operating Cash Flow | $-140,562,000 | $-105,711,000 | $-122,424,000 | $-43,319,000 |
| Cash Flow From Continuing Operating Activities | $-140,562,000 | $-105,711,000 | $-122,424,000 | $-43,319,000 |
| Operating Gains Losses | $-37,918,000 | $27,466,000 | $152,087,000 | $5,828,000 |
| Investing Activities | ||||
| Capital Expenditure | $-339,854,000 | $-71,305,000 | $-194,978,000 | $-193,256,000 |
| Investing Cash Flow | $-178,387,000 | $70,966,000 | $3,663,000 | $-208,998,000 |
| Cash Flow From Continuing Investing Activities | $-178,387,000 | $70,966,000 | $3,663,000 | $-208,998,000 |
| Net Other Investing Changes | - | $-2,394,000 | - | - |
| Financing Activities | ||||
| Issuance Of Capital Stock | $289,534,000 | $109,074,000 | $54,086,000 | $259,174,000 |
| Financing Cash Flow | $294,462,000 | $87,878,000 | $24,010,000 | $371,986,000 |
| Cash Flow From Continuing Financing Activities | $294,462,000 | $87,878,000 | $24,010,000 | $371,986,000 |
| Net Other Financing Charges | $714,000 | - | - | - |
| Net Common Stock Issuance | $289,534,000 | $109,074,000 | $54,086,000 | $259,174,000 |
| Common Stock Issuance | $289,534,000 | $109,074,000 | $54,086,000 | $259,174,000 |
| Other | ||||
| Repayment Of Debt | $-6,364,000 | $-34,179,000 | $-137,298,000 | $-24,732,000 |
| Issuance Of Debt | $1,695,000 | $0 | $107,201,000 | $74,227,000 |
| End Cash Position | $59,542,000 | $84,038,000 | $30,887,000 | $125,595,000 |
| Beginning Cash Position | $84,038,000 | $30,887,000 | $125,595,000 | $5,947,000 |
| Effect Of Exchange Rate Changes | $-9,000 | $18,000 | $43,000 | $-21,000 |
| Changes In Cash | $-24,487,000 | $53,133,000 | $-94,751,000 | $119,669,000 |
| Proceeds From Stock Option Exercised | $8,883,000 | $12,983,000 | $21,000 | $63,317,000 |
| Net Issuance Payments Of Debt | $-4,669,000 | $-34,179,000 | $-30,097,000 | $49,495,000 |
| Net Long Term Debt Issuance | $-4,669,000 | $-34,179,000 | $29,903,000 | $-10,505,000 |
| Long Term Debt Payments | $-6,364,000 | $-34,179,000 | $-37,298,000 | $-24,732,000 |
| Long Term Debt Issuance | $1,695,000 | $0 | $67,201,000 | $14,227,000 |
| Net Investment Purchase And Sale | $156,007,000 | $141,554,000 | $188,141,000 | $6,149,000 |
| Sale Of Investment | $207,943,000 | $177,816,000 | $382,108,000 | $12,841,000 |
| Purchase Of Investment | $-51,936,000 | $-36,262,000 | $-193,967,000 | $-6,692,000 |
| Net PPE Purchase And Sale | $-334,394,000 | $-68,194,000 | $-184,478,000 | $-192,147,000 |
| Sale Of PPE | $5,460,000 | $3,111,000 | $10,500,000 | $1,109,000 |
| Purchase Of PPE | $-339,854,000 | $-71,305,000 | $-194,978,000 | $-193,256,000 |
| Interest Received Cfo | $5,649,000 | $1,787,000 | - | - |
| Interest Paid Cfo | $-1,738,000 | $-13,923,000 | - | $-3,981,000 |
| Change In Working Capital | $-9,216,000 | $1,235,000 | $-3,978,000 | $15,390,000 |
| Change In Other Current Assets | $2,342,000 | $1,104,000 | $-4,563,000 | $-5,082,000 |
| Change In Payables And Accrued Expense | $-16,005,000 | $-159,000 | $-32,000 | $21,021,000 |
| Change In Payable | $-16,005,000 | $-159,000 | $-32,000 | $21,021,000 |
| Change In Account Payable | $-15,827,000 | $-315,000 | $94,000 | $9,244,000 |
| Change In Tax Payable | $-178,000 | $156,000 | $-126,000 | $11,777,000 |
| Change In Income Tax Payable | $-178,000 | $156,000 | $-126,000 | $11,777,000 |
| Change In Prepaid Assets | $5,467,000 | $420,000 | $188,000 | $-613,000 |
| Change In Inventory | $-475,000 | $-117,000 | - | $-379,000 |
| Change In Receivables | $-545,000 | $-13,000 | $429,000 | $64,000 |
| Changes In Account Receivables | $-545,000 | $-13,000 | $429,000 | $64,000 |
| Other Non Cash Items | $-186,020,000 | $-135,703,000 | $-247,675,000 | $-147,371,000 |
| Stock Based Compensation | $13,949,000 | $10,915,000 | $21,788,000 | $22,585,000 |
| Unrealized Gain Loss On Investment Securities | $0 | $-2,695,000 | $-2,166,000 | $4,861,000 |
| Asset Impairment Charge | $3,628,000 | $12,252,000 | $93,113,000 | $-60,000 |
| Deferred Tax | $-15,800,000 | $17,092,000 | $-32,369,000 | $8,842,000 |
| Deferred Income Tax | $-15,800,000 | $17,092,000 | $-32,369,000 | $8,842,000 |
| Depreciation Amortization Depletion | $140,967,000 | $84,785,000 | $72,420,000 | $24,476,000 |
| Depreciation And Amortization | $140,967,000 | $84,785,000 | $72,420,000 | $24,476,000 |
| Amortization Cash Flow | $573,000 | $133,000 | - | - |
| Amortization Of Intangibles | $573,000 | $133,000 | - | - |
| Depreciation | $140,394,000 | $84,652,000 | - | - |
| Gain Loss On Investment Securities | $-39,735,000 | $30,681,000 | $150,810,000 | $6,676,000 |
| Net Foreign Currency Exchange Gain Loss | $1,481,000 | $7,842,000 | - | - |
| Gain Loss On Sale Of PPE | $336,000 | $1,778,000 | $1,277,000 | $-848,000 |
| Net Income From Continuing Operations | $-54,063,000 | $-108,922,000 | $-175,644,000 | $22,130,000 |
| Net Short Term Debt Issuance | - | $0 | $-60,000,000 | $60,000,000 |
| Short Term Debt Payments | - | $0 | $-100,000,000 | $0 |
| Short Term Debt Issuance | - | $0 | $40,000,000 | $60,000,000 |
| Net Business Purchase And Sale | - | - | $0 | $-23,000,000 |
| Purchase Of Business | - | - | $0 | $-23,000,000 |
Fetched: 2026-03-21