Cantor Fitzgerald resumed coverage on Bitfarms with a new price target
$BITF
Finance: Consumer Services
Finance
Cantor Fitzgerald resumed coverage of Bitfarms with a rating of Overweight and set a new price target of $5.00 from $4.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
Cantor Fitzgerald resumed coverage of Bitfarms with a rating of Overweight and set a new price target of $5.00 from $4.00 previously
H.C. Wainwright initiated coverage of Bitfarms with a rating of Buy and set a new price target of $4.00
B. Riley Securities initiated coverage of Bitfarms with a rating of Buy and set a new price target of $4.00
- 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
TORONTO, Ontario and BROSSARD, Québec, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX:BITF), a global vertically integrated Bitcoin data center company, announced today that it will be rescheduling its third quarter 2024 financial results conference call. The Company will report its third quarter 2024 financial results on Wednesday, November 13th, before the market opens. Management will host a conference call on the same day at 8:00 am EST. All Q3 2024 materials will be available before the call and can be accessed on the ‘Financial Results' section of the Bitfarms investor site. For those that have already registered, all links will remain the same as previously announced.
TORONTO, Ontario and BROSSARD, Québec, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (TSX:BITF), a global vertically integrated Bitcoin data center company, will report its third quarter 2024 financial results on Tuesday, November 12th, before the market opens. Management will host a conference call on the same day at 8:00 am EST. All Q3 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. Founde
- Bitfarms Board of Directors Increased to Six Members, Five of whom are Independent –-Andrew J. Chang Appointed as Independent Director--Shareholder Rights Plan Approved- 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. 20, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX:BITF) ("Bitfarms" or, the "Company"), a global leader in vertically integrated Bitcoin data center operations, today announced the results of its special meeting (the "Special Meeting") of shareholders
Clear Street's Newest Offering, with In-Depth Market Analysis and Investment Insights, Addresses the Firm's Rapidly Expanding Institutional Client Base Initial Sector Coverage Includes Disruptive Technology, Energy Transition and Healthcare Clear Street ("Clear Street", "the Company"), a cloud-native financial technology firm on a mission to modernize the brokerage ecosystem, today announced the launch of its Equity Research Group, a strategic initiative aimed at providing in-depth market analysis and investment insights to its growing institutional client base. Led by Director of Research Mara Goldstein, Clear Street Equity Research will focus initially on the Disruptive Technology, En
- 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
6-K - Bitfarms Ltd (0001812477) (Filer)
6-K - Bitfarms Ltd (0001812477) (Filer)
6-K - Bitfarms Ltd (0001812477) (Filer)
SC 13D/A - Bitfarms Ltd (0001812477) (Subject)
SC 13D/A - Bitfarms Ltd (0001812477) (Subject)
SC 13D/A - Bitfarms Ltd (0001812477) (Subject)
Riot Platforms Inc (NASDAQ:RIOT) shares are trading lower Thursday. The company announced that Ontario Capital Markets Tribunal has cease traded Bitfarms Ltd’s (NASDAQ:BITF) poison pill. What Happened: Riot announced that it was successful in its application to the Ontario Capital Markets Tribunal to cease trade the shareholder rights plan (poison pill) implemented by Bitfarms’ board. “This ruling from the Tribunal in favor of Riot’s application is a win for all Bitfarms shareholders. The adoption of the off-market Poison Pill is yet another example of the broken corporate governance that plagues Bitfarms and of the ongoing attempts by the Bitfarms directors to entrench themselves. We
HC Wainwright & Co. analyst Mike Colonnese reiterates Bitfarms (NASDAQ:BITF) with a Buy and maintains $4 price target.
- Bitfarms Board of Directors Increased to Six Members, Five of whom are Independent –-Andrew J. Chang Appointed as Independent Director--Shareholder Rights Plan Approved- 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. 20, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX:BITF) ("Bitfarms" or, the "Company"), a global leader in vertically integrated Bitcoin data center operations, today announced the results of its special meeting (the "Special Meeting") of shareholders
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario and BROSSARD, Québec, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (TSX:BITF), a global leader in vertically integrated Bitcoin data center operations, today announced that it has appointed Rachel Silverstein as U.S. General Counsel, a newly created role, effective November 1, 2024. Ms. Silverstein has been a practicing attorney for over 16 years and is one of the most experienced Bitcoin mining-focused attorneys in the U.S., having served as lead counsel on well over a g
- Andrés Finkielsztain Steps Down from Board - - Bitfarms Appoints Amy Freedman to Board of Directors - - Board to Nominate an Independent Director for Election at Special Meeting - - Standstill Agreement Through 2026 Annual Meeting - This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated March 8, 2024, to its short form base shelf prospectus dated November 10, 2023. TORONTO, Ontario and BROSSARD, Québec and CASTLE ROCK, Colo., Sept. 23, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (TSX:BITF) ("Bitfarms" or the "Company"), a global leader in vertically integrated Bitcoin data center operations, and Riot Platforms Inc.