B. Riley Securities initiated coverage on Bitfarms with a new price target
$BITF
Finance: Consumer Services
Finance
B. Riley Securities initiated coverage of Bitfarms with a rating of Buy and set a new price target of $4.00
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| 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 |
Keefe Bruyette initiated coverage of Bitfarms with a rating of Outperform
Alliance Global Partners initiated coverage of Bitfarms with a rating of Buy and set a new price target of $6.00
Cantor Fitzgerald resumed coverage of Bitfarms with a rating of Overweight and set a new price target of $5.00 from $4.00 previously
6-K - Bitfarms Ltd (0001812477) (Filer)
6-K - Bitfarms Ltd (0001812477) (Filer)
6-K - Bitfarms Ltd (0001812477) (Filer)
- Revenue of $56 million, up 21% Y/Y -- Gross mining margin of 47%, down from 57% from Q4 2023 -- 18.6 EHuM up 186% from Q4 2023-- Current efficiency of 19w/TH a 45% improvement from Q4 2023--Total energy pipeline of ~1.4 GW, ~80% based in the U.S.--Completed acquisition of Stronghold Digital Mining & sale of Yguazu, Paraguay data center- This news release constitutes a "designated news release" for the purposes of the Company's second amended and restated prospectus supplement dated December 17, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario and BROSSARD, Québec, March 27, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX:BITF), a global vertica
TORONTO, March 26, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX:BITF), a global Bitcoin and vertically integrated data center company, today announced that it has appointed James Bond as Senior Vice President of High-Performance Computing ("HPC"). Mr. Bond is a subject matter expert in HPC/AI with a proven record of launching new cloud and service provider offerings for large scale data centers across the U.S. He has over 20 years' experience in public sector solution architecture and IT infrastructure design and implementation, including 15 years at Hewlett Packard Enterprise ("HPE") where he most recently led their North America HPC/AI infrastructure platforms category. Under his
TORONTO, Ontario, March 19, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX:BITF), a global Bitcoin and vertically integrated data center company, will report its fourth quarter and full year 2024 financial results on Thursday, March 27 before the market opens. Management will host a conference call on the same day at 8:00 am EST. All Q4 2024 materials will be available before the call and can be accessed on the ‘Financial Results' section of the Bitfarms investor site. The live webcast and a webcast replay of the conference call can be accessed here. To access the call by telephone, register here to receive dial-in numbers and a unique PIN to join the call. About Bitfarms Ltd. Found
SC 13D/A - Bitfarms Ltd (0001812477) (Subject)
SC 13D/A - Bitfarms Ltd (0001812477) (Subject)
SC 13D/A - Bitfarms Ltd (0001812477) (Subject)
TORONTO, March 26, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX:BITF), a global Bitcoin and vertically integrated data center company, today announced that it has appointed James Bond as Senior Vice President of High-Performance Computing ("HPC"). Mr. Bond is a subject matter expert in HPC/AI with a proven record of launching new cloud and service provider offerings for large scale data centers across the U.S. He has over 20 years' experience in public sector solution architecture and IT infrastructure design and implementation, including 15 years at Hewlett Packard Enterprise ("HPE") where he most recently led their North America HPC/AI infrastructure platforms category. Under his
- Operational hashrate of 16.1 EH/s –- Acquisition of Stronghold Digital Mining & sale of Yguazu site on track for Q1 2025 close –-Appoints Craig Hibbard to SVP of Infrastructure- This news release constitutes a "designated news release" for the purposes of the Company's second amended and restated prospectus supplement dated December 17, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, March 03, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX:BITF), a global Bitcoin and vertically integrated data center company, today issued its latest monthly production report. All financial references are in U.S. dollars. CEO Ben Gagnon stated, "We are on track to cl
This news release constitutes a "designated news release" for the purposes of the Company's amended and restated prospectus supplement dated October 4, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario and BROSSARD, Québec, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX:BITF), a global leader in vertically integrated Bitcoin data center operations, today announced its latest monthly production report. All financial references are in U.S. dollars. Bitfarms achieved an operating hashrate of 12.8 EH/s in November with initial deployment of miners to Stronghold Digital Mining's sites in Pennsylvania under the hosting agreements announced in
- Revenue of $56 million, up 21% Y/Y -- Gross mining margin of 47%, down from 57% from Q4 2023 -- 18.6 EHuM up 186% from Q4 2023-- Current efficiency of 19w/TH a 45% improvement from Q4 2023--Total energy pipeline of ~1.4 GW, ~80% based in the U.S.--Completed acquisition of Stronghold Digital Mining & sale of Yguazu, Paraguay data center- This news release constitutes a "designated news release" for the purposes of the Company's second amended and restated prospectus supplement dated December 17, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario and BROSSARD, Québec, March 27, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (Nasdaq/TSX:BITF), a global vertica
TORONTO, Ontario, March 19, 2025 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX:BITF), a global Bitcoin and vertically integrated data center company, will report its fourth quarter and full year 2024 financial results on Thursday, March 27 before the market opens. Management will host a conference call on the same day at 8:00 am EST. All Q4 2024 materials will be available before the call and can be accessed on the ‘Financial Results' section of the Bitfarms investor site. The live webcast and a webcast replay of the conference call can be accessed here. To access the call by telephone, register here to receive dial-in numbers and a unique PIN to join the call. About Bitfarms Ltd. Found
- Revenue of $45 million, up 8% Q/Q and up 30% Y/Y - - Gross mining margin of 38%, compared to 51% in Q2 2024 and 44% in Q3 2023 - - Current hashrate of 11.9 EH/s, up from 10.4 EH/s in Q2 2024 - - Current efficiency of 21 w/TH, a 16% improvement from June 30, 2024 - - Synthetic HODL increased to 802 at October 31, 2024 from 208 long-dated BTC call options at June 30, 2024, up 286% - This news release constitutes a "designated news release" for the purposes of the Company's amended and restated prospectus supplement dated October 4, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario and BROSSARD, Québec, Nov. 13, 2024