Bitfarms Ltd

NASDAQ BITF

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Bitfarms Ltd Market Capitalization on June 03, 2024: USD 703.32 M

Bitfarms Ltd Market Capitalization is USD 703.32 M on June 03, 2024, a 131.51% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • Bitfarms Ltd 52-week high Market Capitalization is USD 1.16 B on February 26, 2024, which is 64.88% above the current Market Capitalization.
  • Bitfarms Ltd 52-week low Market Capitalization is USD 285.77 M on October 13, 2023, which is -59.37% below the current Market Capitalization.
  • Bitfarms Ltd average Market Capitalization for the last 52 weeks is USD 554.24 M.
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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