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Bitfarms Ltd
NASDAQ BITF
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Bitfarms Ltd EBITDA Ratio for the quarter ending March 31, 2024: 29.88%
Bitfarms Ltd EBITDA Ratio is 29.88% for the quarter ending March 31, 2024, a 44.36% change year over year. EBITDA Ratio is the ratio of EBITDA to revenue, indicating the operating profitability and efficiency of a company.
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Bitfarms Ltd EBITDA Ratio for the quarter ending March 31, 2023 was 20.70%, a -50.77% change year over year.
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Bitfarms Ltd EBITDA Ratio for the quarter ending March 31, 2022 was 42.04%, a -38.62% change year over year.
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Bitfarms Ltd EBITDA Ratio for the quarter ending March 31, 2021 was 68.50%, a 244.24% change year over year.
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Bitfarms Ltd EBITDA Ratio for the quarter ending March 31, 2020 was 19.90%, a 313.64% change year over year.
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NASDAQ: BITF
| 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 19, 2024
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