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Bitfarms Ltd
NASDAQ BITF
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Bitfarms Ltd Dividend Payout Ratio for the quarter ending March 31, 2024
Bitfarms Ltd Dividend Payout Ratio is NA for the quarter ending March 31, 2024. The dividend payout ratio measures the percentage of a company's net income that is distributed as dividends to shareholders. It is calculated by dividing dividends paid by net income. This ratio provides insights into the portion of earnings that is returned to shareholders in the form of dividends. A higher ratio indicates a larger proportion of earnings being paid out as dividends.
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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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