Bitfarms Ltd

NASDAQ BITF

Data sourced from iex and EODHD
Download Data

Bitfarms Ltd Free Cash Flow for the year ending December 31, 2023: USD -48.58 M

Bitfarms Ltd Free Cash Flow is USD -48.58 M for the year ending December 31, 2023, a 69.39% change year over year. Free Cash Flow is the cash flow available to a company after deducting capital expenditures from operating cash flow, indicating its ability to generate cash for expansion, debt repayment, or dividends.
  • Bitfarms Ltd Free Cash Flow for the year ending December 31, 2022 was USD -158.73 M, a 31.12% change year over year.
  • Bitfarms Ltd Free Cash Flow for the year ending December 31, 2021 was USD -230.43 M, a -8,512.78% change year over year.
  • Bitfarms Ltd Free Cash Flow for the year ending December 31, 2020 was USD 2.74 M, a 115.42% change year over year.
  • Bitfarms Ltd Free Cash Flow for the year ending December 31, 2019 was USD -17.76 M, a -96.66% change year over year.
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.

Similar companies

HIVE

HIVE Blockchain Technologies Ltd

NA

NA

BTBT

Bit Digital Inc

NA

NA

WULF

Terawulf Inc

NA

NA

CIFR

Cipher Mining Inc

NA

NA

StockViz Staff

September 19, 2024

Any question? Send us an email