Bitfarms Ltd

NASDAQ BITF

Data sourced from iex and EODHD
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Bitfarms Ltd Operating Income for the quarter ending March 31, 2024: USD -23.84 M

Bitfarms Ltd Operating Income is USD -23.84 M for the quarter ending March 31, 2024, a -66.00% change year over year. Operating Income is the profit earned by a company from its normal business operations before interest and taxes are deducted.
  • Bitfarms Ltd Operating Income for the quarter ending March 31, 2023 was USD -14.36 M, a -470.46% change year over year.
  • Bitfarms Ltd Operating Income for the quarter ending March 31, 2022 was USD 3.88 M, a -76.47% change year over year.
  • Bitfarms Ltd Operating Income for the quarter ending March 31, 2021 was USD 16.47 M, a 1,190.79% change year over year.
  • Bitfarms Ltd Operating Income for the quarter ending March 31, 2020 was USD -1.51 M, a 11.75% 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 19, 2024

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