Bitfarms Ltd

NASDAQ BITF

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Bitfarms Ltd Stock-Based Compensation 2 year CAGR for the year ending December 31, 2023: -30.48%

Bitfarms Ltd Stock-Based Compensation 2 year CAGR is -30.48% for the year ending December 31, 2023, a -114.20% change year over year. Stock-Based Compensation represents the cost of employee compensation provided in the form of equity-based instruments, such as stock options or restricted stock units. 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 Stock-Based Compensation for the year ending December 31, 2022 was USD 21.79 M, a -3.53% change year over year.
  • Bitfarms Ltd Stock-Based Compensation for the year ending December 31, 2021 was USD 22.59 M, a 926.12% change year over year.
  • Bitfarms Ltd Stock-Based Compensation for the year ending December 31, 2020 was USD 2.20 M, a -23.39% change year over year.
  • Bitfarms Ltd Stock-Based Compensation for the year ending December 31, 2019 was USD 2.87 M, a -84.95% 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.

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StockViz Staff

September 20, 2024

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