Bitfarms .(BITF)

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Bitfarms Enters into Initial Agreement for Private Debt Facility with a division of Macquarie Group for up to $300 Million to Fund Initial HPC Project Development at Panther Creek
Newsfilter· 2025-04-02 11:00
Initial draw at close of $50 million, with up to a total of $300 million available upon entry into definitive project loan documentationEarly-stage investment from a division of Macquarie Group, one of the world's largest infrastructure investors, further validates the attractiveness of Bitfarms' potential HPC data center development pipeline, especially its near-term project at Panther CreekA $300 million facility is expected to provide the necessary capital for Bitfarms to fund the initial portion of the ...
Bitfarms Provides March 2025 Production and Operations Update
GlobeNewswire· 2025-04-01 11:00
- Operational hashrate of 19.5 EHuM and fleet efficiency of 19 w/TH– -Completes acquisition of Stronghold Digital Mining & sale of Yguazu, Paraguay data center- -Appoints two new key HPC/AI and Infrastructure Executives- This news release constitutes a "designated news release" for the purposes of the Company's second amended and restated prospectus supplement dated December 17, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, April 01, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. ( ...
Bitfarms Announcement: Rosen Law Firm Encourages Bitfarms Ltd. Investors to Inquire About Securities Class Action Investigation - BITF
Prnewswire· 2025-03-31 21:59
NEW YORK, March 31, 2025 /PRNewswire/ -- Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivati ...
Bitfarms: Not Just A Crypto Play Now
Seeking Alpha· 2025-03-28 13:30
Bitfarms (NASDAQ: BITF ) just came out with its Q4 2024 earnings. It's one of my more-covered stocks, with plenty of ups and downs in 2024.I analyze securities based on value investing, an owner's mindset, and a long-term horizon. I don't write sell articles as those are considered short theses, and I never recommend shorting.Former advisory representative at Fidelity. I do my own investing now and share my research here.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any ...
Bitfarms: ATM Exhaustion And Debt On The Horizon
Seeking Alpha· 2025-03-28 13:00
In the time since my last Bitfarms ( BITF ) article for Seeking Alpha in October, the stock has fallen by nearly 50% in just five months and drastically under-performed similarly sized peers in the sector:Analyst’s Disclosure: I/we have a beneficial long position in the shares of BTC-USD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relati ...
Bitfarms .(BITF) - 2024 Q4 - Earnings Call Transcript
2025-03-27 15:59
Bitfarms Ltd. (NASDAQ:BITF) Q4 2024 Earnings Conference Call March 26, 2025 8:00 AM ET Company Participants Tracy Krumme - SVP of Investor Relations & Corporate Communications Ben Gagnon - Chief Executive Officer & Director Jeffrey Lucas - Chief Financial Officer Conference Call Participants Brett Knoblauch - Cantor Fitzgerald Mike Colonnese - H.C. Wainwright & Company Mike Grondahl - Northland Capital Markets Brian Kinstlinger - Alliance Global Partners Nick Giles - B. Riley Bill Papanastasiou - KBW Brian ...
Wall Street Bulls Look Optimistic About Bitfarms (BITF): Should You Buy?
ZACKS· 2025-03-27 14:30
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Bitfarms Ltd. (BITF) .Bitfarms currently has an average brokerage recommen ...
Bitfarms Ltd. (BITF) Tops Q4 Earnings and Revenue Estimates
ZACKS· 2025-03-27 13:25
Bitfarms Ltd. (BITF) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to loss of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 175%. A quarter ago, it was expected that this company would post a loss of $0.12 per share when it actually produced a loss of $0.09, delivering a surprise of 25%.Over the last four quarters, the company has s ...
Bitfarms .(BITF) - 2024 Q4 - Earnings Call Presentation
2025-03-27 12:33
Q4 & FY 2024 Earnings Presentation March 27, 2025 Safe Harbor Statement Certain information in this presentation, including market and industry data, was obtained by Bitfarms Ltd. ("Bitfarms" or the "Company") from publicly available and other third-party sources, as well as Bitfarms' good faith estimates. While the Company believes the information was prepared by reputable sources, the Company did not independently verify the information or the underlying assumptions. No representation or warranty is made ...
Bitfarms Reports Fourth Quarter 2024 Results
GlobeNewswire· 2025-03-27 11:00
- Revenue of $56 million, up 21% Y/Y - - Gross mining margin of 47%, down from 57% from Q4 2023 - - 18.6 EHuM up 186% from Q4 2023- - Current efficiency of 19w/TH a 45% improvement from Q4 2023- -Total energy pipeline of ~1.4 GW, ~80% based in the U.S.- -Completed acquisition of Stronghold Digital Mining & sale of Yguazu, Paraguay data center- "While we remain confident in the significant upside potential of our BTC mining operations and continue to maximize the value of our assets, our revenue diversificat ...