Bitfarms Ltd., a blockchain infrastructure company, mines for cryptocurrency coins and tokens in North America. The company owns and operates server farms comprising computers that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. It also provides electrician services to commercial and residential customers in Quebec, Canada. It also provides hosting of third-party mining hardware. The company was founded in 2017 and is headquartered in Toronto, Canada.
IPO Year:
Exchange: NASDAQ
Website: bitfarms.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/8/2025 | Outperform | Keefe Bruyette | |
| 12/4/2024 | $6.00 | Buy | Alliance Global Partners |
| 6/11/2024 | $4.00 → $5.00 | Overweight | Cantor Fitzgerald |
| 6/4/2024 | $4.00 | Buy | H.C. Wainwright |
| 12/14/2023 | $4.00 | Buy | B. Riley Securities |
| 5/19/2023 | $2.00 | Overweight | Cantor Fitzgerald |