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 |
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.
- Agreement to support 2.2 EH/s with energization expected in October, two months ahead of schedule - - Company reiterates 2024 & 2025 guidance of 21 EH/s & 35+ EH/s, respectively - TORONTO, Ontario and BROSSARD, Québec, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (TSX:BITF) ("Bitfarms" or the "Company"), a global leader in vertically integrated Bitcoin data center operations, has entered into a miner hosting agreement (the "Hosting Agreement") with Stronghold Digital Mining Hosting, LLC, a subsidiary of Stronghold Digital Mining, Inc. (NASDAQ:SDIG) ("Stronghold") at Stronghold's Panther Creek site in Pennsylvania. Under the terms of the Hosting Agreement, Bitfarms will be a
-Appoints Alex Brammer to Senior Vice President of Global Mining Operations- -Promotes Benoit Gobeil to Chief Infrastructure Officer- -Separates Mining Operations into two divisions, Infrastructure and Mining Operations- 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, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (TSX:BITF) ("Bitfarms" or the "Company"), a global vertically integrated Bitcoin data center company, today announced the following enhancements to its Operations teams. Effective immed
- Provides Update on Engagement with Riot -- Special Meeting to be Held In-Person - 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, Sept. 09, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (TSX:BITF) ("Bitfarms" or the "Company"), a global leader in vertically integrated Bitcoin data center operations, today announced that it has rescheduled the Special Meeting of shareholders (the "Special Meeting") from October 29, 2024 to November 6, 2024. The Special Meeting has been called in response to a requisition
6-K - Bitfarms Ltd (0001812477) (Filer)
6-K - Bitfarms Ltd (0001812477) (Filer)
6-K - Bitfarms Ltd (0001812477) (Filer)
- Expands and Rebalances Bitfarms Energy Portfolio to Approximately 50% in the U.S. by YE 2025, Consistent with Strategic Plan - - Provides Clear Path to 950 MW Active Power Capacity - - Adds 4.0 EH/s to Bitfarms' Hashrate with Expansion Capacity of Potentially Over 10 EH/s with Fleet Refresh - - Vertically Integrates into Power Generation with 165 MW of Nameplate Generated Power Capacity - - Adds 142 MW of PJM Import Capacity with Long Term Expansion Potential up to 790 MW- - Conference Call at 8:30 AM ET to Discuss Transaction - This news release constitutes a "designated news release" for the purposes of Bitfarms' prospectus supplement dated March 8, 2024, to
- Revenue of $42 million, down 16% Q/Q and up 17% Y/Y - - Gross mining margin of 51%, compared to 64% in Q1 2024 and 48% in Q2 2023 - - Current hashrate of 11.1 EH/s, up from 6.5 EH/s in Q1 2024 -- Current efficiency of 25 w/TH, a 26% improvement from Q1 2024 -- On track to achieve guidance of 21 EH/s and 21 w/TH in 2024 -- Increased MW capacity by 220 MW, bringing total to 648 and supporting over 35 EH/s in 2025 - - Special Committee concludes strategic alternatives review process - 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 sh
TORONTO, Ontario and BROSSARD, Québec, Aug. 01, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (TSX:BITF), a global vertically integrated Bitcoin mining data center company, will report its second quarter 2024 financial results on Thursday, August 8th, before the market opens. Management will host a conference call on the same day at 8:00 am EST. All Q2 2024 materials will be available before the call and can be accessed on the ‘Financial Results' section of the Bitfarms investor site. Participants may join the live call by calling 888-506-0062 (domestic) or 973-528-0011 (international) and referencing access code 968924. If you do not have the code, you may reference the Bitfarms' Q2 2024 result
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
SC 13D/A - Bitfarms Ltd (0001812477) (Subject)
SC 13D/A - Bitfarms Ltd (0001812477) (Subject)
SC 13D/A - Bitfarms Ltd (0001812477) (Subject)
-Appoints Alex Brammer to Senior Vice President of Global Mining Operations- -Promotes Benoit Gobeil to Chief Infrastructure Officer- -Separates Mining Operations into two divisions, Infrastructure and Mining Operations- 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, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (TSX:BITF) ("Bitfarms" or the "Company"), a global vertically integrated Bitcoin data center company, today announced the following enhancements to its Operations teams. Effective immed
-CEO Ben Gagnon Appointed to the Board; Lead Director Brian Howlett appointed Independent Chairman--Co-Founder and Chairman Nicolas Bonta to Step Down--Seasoned Operating Executive Liam Wilson to Join as Chief Operating Officer- 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, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (TSX:BITF), a global vertically integrated Bitcoin data center company, today announced updates to its Board of Directors and Executive Team. Board of DirectorsBen Gagnon, Chief E
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, July 08, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (TSX:BITF), a global vertically integrated Bitcoin data center company, today announced that the Board of Directors has appointed Ben Gagnon Chief Executive Officer, effective immediately. He was previously Chief Mining Officer. "Ben is a seasoned leader with significant experience in Bitcoin mining, and we are thrilled to appoint someone of his caliber as the Company's next CEO," said Nicolas Bonta, Chair