Bitfarms Ltd.

Toronto Stock Exchange BITF.TO

Bitfarms Ltd. Cash and Short-Term Investments for the year ending December 31, 2023: USD 84.04 M

Bitfarms Ltd. Cash and Short-Term Investments is USD 84.04 M for the year ending December 31, 2023, a 137.10% change year over year. Cash and short-term investments are the sum of cash and short-term investments, representing the company's liquid assets.

Bitfarms Ltd. Cash and Short-Term Investments for the year ending December 31, 2022 was USD 35.44 M, a -81.47% change year over year.
Bitfarms Ltd. Cash and Short-Term Investments for the year ending December 31, 2021 was USD 191.30 M, a 3,116.82% change year over year.
Bitfarms Ltd. Cash and Short-Term Investments for the year ending December 31, 2020 was USD 5.95 M, a 175.45% change year over year.
Bitfarms Ltd. Cash and Short-Term Investments for the year ending December 31, 2019 was USD 2.16 M, a 291.12% change year over year.

Key data

Date	Cash and Short-Term Investments	Receivables	Inventory	Goodwill

Toronto Stock Exchange: BITF.TO

Bitfarms Ltd.

CEO	Mr. Benjamin Gagnon
IPO Date	July 16, 2019
Location	Canada
Headquarters	18 King Street East
Employees	170
Sector	Technology
Industries Crypto Mining Bitcoin & Crypto Blockchain

Description

Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in North America. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. The company was founded in 2017 and is headquartered in Toronto, Canada.

Key trends

Past 5 years