Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
BITF
STRONG SELLREMOVEBitfarms Ltd · Financial Services · United States · $1.2B · Avg Vol: $234M/d
Bitfarms is a Bitcoin miner. It operates a highly capital-intensive commodity business with no pricing power, structural moat, or predictable owner earnings, violating all our core quality lenses.
COMPANY DESCRIPTION
Bitfarms Ltd. operates cryptocurrency mining facilities, primarily focused on Bitcoin, utilizing hydroelectric power for sustainable and cost-effective operations. The company leverages access to low-cost, renewable energy sources to maintain competitive mining economics and a strong focus on operational efficiency. It is a vertically integrated Bitcoin mining company with a significant emphasis on sustainable energy practices.
FINANCIAL SUMMARY (USD)
| Year | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|
| Revenue | 169M | 142M | 146M | 193M | 4.4% |
| EPS | 0.14 | -1.15 | -0.42 | -0.13 | — |
| Shares | 195M | 224M | 334M | 479M | +146.1% |
| Debt | 85M | 65M | 20M | 23M | -34.9% |
| Equity | 359M | 255M | 295M | 608M | 19.2% |
| Op CF | -43M | -122M | -106M | -141M | — |
| Inv CF | -209M | 4M | 71M | -178M | — |
| Fin CF | 372M | 24M | 88M | 294M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of BITF are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| BITF | Bitfarms Ltd(you) | $1.2B | — | HOLD |
| PURR | Hyperliquid Strategies Inc. | $1.2B | 13 | STRONG SELL |
| SBET | Sharplink, Inc. | $1.2B | 4 | STRONG SELL |
| BTBT | Bit Digital, Inc. | $709M | 10 | STRONG SELL |
| GEMI | Gemini Space Station, Inc. | $657M | 9 | STRONG SELL |
| ABTC | American Bitcoin Corp | $1.9B | 5 | STRONG SELL |
| CD | Chaince Digital Holdings Inc. | $690M | 4 | STRONG SELL |
| PWP | Perella Weinberg Partners | $1.7B | 33 | SELL |
| HIVE | HIVE Digital Technologies Ltd. | $1.1B | 41 | HOLD |
| STEX | Streamex Corp. | $322M | 11 | STRONG SELL |
Peer medians: ROE 10.8% · P/E 13.6x · Gross margin 0.0%