Bitfarms Ltd

NASDAQ BITF

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Bitfarms Ltd Capital Stock Change 2 year CAGR for the Trailing 12 Months (TTM) ending March 31, 2024: -24.32%

Bitfarms Ltd Capital Stock Change 2 year CAGR is -24.32% for the Trailing 12 Months (TTM) ending March 31, 2024. Capital Stock Change is the net change in the company's capital stock during a specific period, including the issuance or retirement of shares. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Bitfarms Ltd Capital Stock Change for the Trailing 12 Months (TTM) ending March 31, 2023 was USD 43.56 M, a -80.89% change year over year.
  • Bitfarms Ltd Capital Stock Change for the Trailing 12 Months (TTM) ending March 31, 2022 was USD 227.98 M.
NASDAQ: BITF

Bitfarms Ltd

CEO Mr. Nicolas Bonta
IPO Date Aug. 28, 2018
Location Canada
Headquarters 18 King Street East, Toronto, ON, Canada, M5C 1C4
Employees 170
Sector Financial Services
Industry Capital markets
Description

Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. 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 based in Toronto, Canada.

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StockViz Staff

September 20, 2024

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