Bitfarms Ltd

NASDAQ BITF

Data sourced from iex and EODHD
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Bitfarms Ltd Revenue for the year ending December 31, 2023: USD 149.05 M

Bitfarms Ltd Revenue is USD 149.05 M for the year ending December 31, 2023, a 1,878.22% change year over year. The revenue is the total amount of money generated from the sales of goods or services by a company during a specific period.
  • Bitfarms Ltd Revenue for the year ending December 31, 2022 was USD -8.38 M, a -104.95% change year over year.
  • Bitfarms Ltd Revenue for the year ending December 31, 2021 was USD 169.20 M, a 386.34% change year over year.
  • Bitfarms Ltd Revenue for the year ending December 31, 2020 was USD 34.79 M, a 7.31% change year over year.
  • Bitfarms Ltd Revenue for the year ending December 31, 2019 was USD 32.42 M, a -4.09% 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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