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Unique Wealth Opportunities: 7 Stocks With Unprecedented Upside
InvestorPlace· 2024-01-26 20:36
With the Federal Reserve halting interest rate hikes, the investment scene favors bullish trends. In fact, the S&P 500 has been on a monumental streak of late, achieving record-high closes in the past week, driven by significant gains in the technology sector.This change, paired with a robust economic outlook, presents a prime opportunity for investors to focus on the stocks with upside. Wealth creation now depends on identifying such stocks ready for substantial long-term growth. As large investors adopt a ...
Bitfarms Ltd. (BITF) Flat As Market Gains: What You Should Know
Zacks Investment Research· 2024-01-25 00:01
The latest trading session saw Bitfarms Ltd. (BITF) ending at $2.02, denoting no adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 0.08%. At the same time, the Dow lost 0.26%, and the tech-heavy Nasdaq gained 0.36%.The company's stock has dropped by 37.65% in the past month, falling short of the Business Services sector's gain of 1.34% and the S&P 500's gain of 2.4%.Market participants will be closely following the financial results of Bitfarms Ltd. in its up ...
Bitfarms Purchases Land in Yguazu, Paraguay in Support of Transformative Fleet Upgrade & 2024 Target of 21 EH/s
Newsfilter· 2024-01-24 12:00
TORONTO, Ontario and BROSSARD, Québec, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ:BITF, TSX:BITF), a global vertically integrated Bitcoin mining company, announces that it has completed the purchase of land for its new 100 MW production facility in Yguazu, Paraguay. "This transaction, an important step in our recently announced transformative fleet upgrade, expands our LATAM portfolio with low-cost renewable hydropower," said Geoff Morphy, President and CEO of Bitfarms. "The newly acquired land ...
Bitfarms .(BITF) - 2023 Q3 - Earnings Call Transcript
2023-11-07 22:04
If you prefer to listen to the call on your smartphone, you can download the presentation from there as well. I would like to remind you that this morning Bitfarms issued a press release announcing its third quarter 2023 financial results. Turning to Slide 2, I'll remind everyone that certain forward-looking statements will be made during the call and future results could differ from those implied in these statements. The forward-looking information is based on certain assumptions and is subject to risks an ...
Bitfarms .(BITF) - 2023 Q3 - Earnings Call Presentation
2023-11-07 17:52
This presentation contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking information") that are based on expectations, estimates and projections as at the date of this presentation and are covered by safe harbors under Canadian and U.S. securities laws. The information in this presentation about future plans and objectives of the Company is forward-looking information. Other forward-looking information includes, but is not limited to, estimates and for ...
Bitfarms .(BITF) - 2023 Q3 - Quarterly Report
2023-11-06 16:00
Exhibit 99.2 Management's Discussion & Analysis For the three and nine months ended September 30, 2023 Q3 2023 BITFARMS LTD. Management's Discussion & Analysis (In U.S. dollars, except where otherwise indicated) TABLE OF CONTENTS | --- | --- | --- | |-------|----------------------------------------------------------------------------------------------|-------| | 1. | Introduction | 3 | | 2. | Company Overview | 4 | | 3. | Financial Highlights | 5 | | 4. | Third Quarter 2023 Financial Results and Operational ...
Bitfarms .(BITF) - 2023 Q2 - Earnings Call Transcript
2023-08-08 19:31
So, I'm clear that, the second 7 exahash target includes only the 20 megawatts of the 150 you just acquired in PPAs in Paraguay, right? So there's nothing incremental from Argentina past 50 megawatts just the additional 20 megawatts of Paraguay. Geoff Morphy Correct. Chase White Okay just making sure. Geoff Morphy So, yes. If we infill the 30 megawatts on that 50 megawatts as we expect, I think you'll see us bump our guidance up to sort of that 7.8-ish area. But we're not ready to do that yet. We want --- w ...
Bitfarms .(BITF) - 2023 Q2 - Quarterly Report
2023-08-07 16:00
Managemant's Discussion & Analysis Q2 2023 | --- | --- | --- | --- | |------------|----------------------------------------------------------------------------------------------|-------|-------| | TABLE \n1. | OF CONTENTS \nIntroduction | | 3 | | 2. | Company Overview | | 4 | | 3. | Financial Highlights | | 5 | | 4. | Second Quarter 2023 Financial Results and Operational Highlights | | 6 | | 5. | Production and Mining Operations | | 7 | | 6. | Expansion Projects | | 9 | | 7. | Financial Performance | | 13 | ...
Bitfarms .(BITF) - 2023 Q1 - Earnings Call Transcript
2023-05-15 23:37
Bitfarms Ltd. (NASDAQ:BITF) Q1 2023 Earnings Conference Call May 15, 2023 11:00 AM ET Company Participants David Barnard - Investor Relations, LHA Investor Relations Geoff Morphy - President and Chief Executive Officer Jeff Lucas - Chief Financial Officer Conference Call Participants Bill Papanastasiou - Stifel Kevin Dede - H.C. Wainwright Operator Good morning, everyone, and welcome to the Bitfarms Limited First Quarter 2023 Financial Results Conference Call. All participants will be in a listen-only mode. ...
Bitfarms .(BITF) - 2023 Q1 - Earnings Call Presentation
2023-05-15 15:14
This presentation contains certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking information") that are based on expectations, estimates and projections as at the date of this presentation and are covered by safe harbors under Canadian and U.S. securities laws. The information in this presentation about future plans and objectives of the Company is forward-looking information. Other forward-looking information includes, but is not limited to, estimates and for ...