Bitfarms share price today

(BITF)

Bitfarms share price is $1.68 & ₹142.76 as on 21 Dec 2024, 2.30 'hrs' IST

$1.68

▲

-0.01

(-0.59%)

Market is closed - opens 8 PM, 23 Dec 2024

View live Bitfarms share price in Dollar and Rupees. Guide to invest in Bitfarms from India. Also see the sentimental analysis on Indian investors investing in Bitfarms. Get details on the Indian mutual funds that are investing in Bitfarms. Get Analyst recommendations and forecasts along with all the Bitfarms's financials.

Bitfarms share price movements

Today's Low: $1.60
Today's High: $1.71
$1.68
4.76%
Downside
Day's Volatility :6.43%
Upside
1.75%
52 Weeks Low: $1.52
52 Weeks High: $3.91
$1.68
9.52%
Downside
52 Weeks Volatility :61.13%
Upside
57.03%

Bitfarms Returns

Period	Bitfarms Ltd	Index (Russel 2000)
3 Months	-18.05%	0.0%
6 Months	-37.31%	0.0%
1 Year	-48.15%	0.0%
3 Years	-71.03%	-19.7%

Bitfarms Key Statistics

in dollars & INR

Previous Close	$1.69
Open	$1.635
Today's High	$1.71
Today's Low	$1.6
Market Capitalization	$798.6M
Today's Volume	$55.7M
52 Week High	$3.91
52 Week Low	$1.52
Revenue TTM	$183.0M
EBITDA	$40.4M
Earnings Per Share (EPS)	$-0.38
Profit Margin	-67.88%
Quarterly Earnings Growth YOY	0.0%
Return On Equity TTM	-31.07%

How to invest in Bitfarms from India?

It is very easy for Indian residents to invest directly in Bitfarms from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Bitfarms stock in both Indian Rupees (INR) and US Dollars (USD). Search for Bitfarms or BITF on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Bitfarms or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Bitfarms shares which would translate to 0.506 fractional shares of Bitfarms as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India , including recognised companies like Bitfarms, in just a few clicks!

Returns in Bitfarms for Indian investors in Rupees

Investment Value

₹1,00,000

Bitfarms investment value today

Current value as on today

₹1,50,344

Returns

₹50,344

(+50.34%)

Returns from Bitfarms Stock

₹48,148 (false-48.15%)

Dollar Returns

₹2,196 (+2.2%)

Indian investors sentiment towards Bitfarms

-59.0%

Period: Sep 22, 2024 to Dec 21, 2024. Change in 30 Days versus previous period

Investment in Bitfarms from India has reduced in the last 30 days as on Dec 22, 2024. -59.0% less purchase transactions for Bitfarms in the last 30 days versus the previous period.

-10%

Period: Sep 22, 2024 to Dec 21, 2024. Change in 30 Days versus previous period

Search volume for Bitfarms on INDmoney from India has reduced in the last 30 days as on Dec 22, 2024. -10% less investors are searching Bitfarms in the last 30 days versus the previous period.

Global Institutional Holdings in Bitfarms

Amvescap Plc.
2.59%
Tidal Investments LLC.
1.32%
Van Eck Associates Corporation
1.29%
State Street Corp
1.04%
Susquehanna International Group, LLP
0.86%
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
0.73%

Analyst Recommendation on Bitfarms

Buy

88%Buy

11%Hold

0%Sell

Based on 9 Wall street analysts offering stock ratings for Bitfarms(by analysts ranked 0 to 5 stars)

Based on 9 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Bitfarms

What analysts predicted

Upside of 163.61%

Current:

$1.68

Target:

$4.43

Insights on Bitfarms

Price Movement
In the last 7 days, BITF stock has moved down by -13.0%
Increasing Revenue
Revenue is up for the last 2 quarters, 41.54M → 44.85M (in $), with an average increase of 7.4% per quarter
Decreasing Net Profit
Netprofit is down for the last 3 quarters, -5.95M → -36.64M (in $), with an average decrease of 192.3% per quarter
BITF vs HOOD (1 yr)
In the last 1 year, Robinhood Markets, Inc. has given 197.4% return, outperforming this stock by 239.3%
BITF vs IBKR (3 yr)
In the last 3 years, Interactive Brokers Group, Inc. has given 102.5% return, outperforming this stock by 168.2%
Price to Sales
ForBITF every $1 of sales, investors are willing to pay $3.4, whereas for Robinhood Markets, Inc., the investors are paying $14.0 for every $1 of sales.

Bitfarms Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$33.8M	-
Net Income	$-9.4M	-
Net Profit Margin	-27.7%	-

	FY19	Y/Y Change
Revenue	$32.4M	↓ 4.09%
Net Income	$2.1M	↓ 122.5%
Net Profit Margin	6.5%	↑ 34.2%

	FY20	Y/Y Change
Revenue	$34.8M	↑ 7.31%
Net Income	$-16.3M	↓ 873.09%
Net Profit Margin	-46.82%	↓ 53.32%

	FY21	Y/Y Change
Revenue	$169.2M	↑ 386.34%
Net Income	$22.1M	↓ 235.86%
Net Profit Margin	13.08%	↑ 59.9%

	FY22	Y/Y Change
Revenue	$-8.4M	↓ 104.95%
Net Income	$-239.1M	↓ 1180.21%
Net Profit Margin	2.9K%	↑ 2838.86%

	FY23	Y/Y Change
Revenue	$146.4M	↓ 1846.19%
Net Income	$-104.0M	↓ 56.48%
Net Profit Margin	-71.08%	↓ 2923.02%

	Q2 FY23	Q/Q Change
Revenue	$34.6M	↑ 12.92%
Net Income	$-18.7M	↑ 654.46%
Net Profit Margin	-54.06%	↓ 45.97%

	Q3 FY23	Q/Q Change
Revenue	$47.5M	↑ 37.35%
Net Income	$-58.7M	↑ 214.06%
Net Profit Margin	-123.61%	↓ 69.55%

	Q4 FY23	Q/Q Change
Revenue	$47.5M	↑ 0.0%
Net Income	$-58.7M	↑ 0.0%
Net Profit Margin	-123.61%	↑ 0.0%

	Q1 FY24	Q/Q Change
Revenue	$50.1M	↑ 5.42%
Net Income	$-6.0M	↓ 89.86%
Net Profit Margin	-11.88%	↑ 111.73%

	Q2 FY24	Q/Q Change
Revenue	$41.5M	↓ 17.06%
Net Income	$-26.6M	↑ 346.8%
Net Profit Margin	-64.02%	↓ 52.14%

	Q3 FY24	Q/Q Change
Revenue	$44.9M	↑ 7.95%
Net Income	$-36.6M	↑ 37.78%
Net Profit Margin	-81.71%	↓ 17.69%

	FY18	Y/Y Change
Profit	$10.9M	-

	FY19	Y/Y Change
Profit	$5.4M	↓ 50.01%

	FY20	Y/Y Change
Profit	$-1.9M	↓ 135.0%

	FY21	Y/Y Change
Profit	$110.8M	↓ 5924.01%

	FY22	Y/Y Change
Profit	$-140.3M	↓ 226.58%

	FY23	Y/Y Change
Profit	$-21.5M	↓ 84.67%

	Q2 FY23	Q/Q Change
Profit	$-8.9M	↓ 31.39%

	Q3 FY23	Q/Q Change
Profit	$1.8M	↓ 120.37%

	Q4 FY23	Q/Q Change
Profit	$1.8M	↑ 0.0%

	Q1 FY24	Q/Q Change
Profit	$-10.6M	↓ 688.97%

	Q2 FY24	Q/Q Change
Profit	$-11.3M	↑ 6.03%

	Q3 FY24	Q/Q Change
Profit	$-11.8M	↑ 4.56%

	FY18	Y/Y Change
Operating Cash Flow	$13.4M	↓ 70.96%
Investing Cash Flow	$-22.1M	↓ 73.13%
Financing Cash Flow	$4.3M	↓ 93.15%

	FY19	Y/Y Change
Operating Cash Flow	$6.0M	↓ 54.95%
Investing Cash Flow	$-22.4M	↑ 1.3%
Financing Cash Flow	$18.0M	↑ 314.91%

	FY20	Y/Y Change
Operating Cash Flow	$7.2M	↑ 19.98%
Investing Cash Flow	$-3.6M	↓ 83.88%
Financing Cash Flow	$185.0K	↓ 98.97%

	FY21	Y/Y Change
Operating Cash Flow	$-37.2M	↓ 614.61%
Investing Cash Flow	$-215.1M	↑ 5868.02%
Financing Cash Flow	$372.0M	↑ 200973.51%

	FY22	Y/Y Change
Operating Cash Flow	$36.3M	↓ 197.52%
Investing Cash Flow	$-155.0M	↓ 27.95%
Financing Cash Flow	$24.0M	↓ 93.55%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$7.6M	↑ 634.31%
Investing Cash Flow	$-15.7M	↑ 0.0%
Financing Cash Flow	$24.6M	↑ 2506.04%

Bitfarms Technicals Summary

Sell

Neutral

Buy

Bitfarms is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Bitfarms Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Bitfarms Ltd	-20.38%	-37.31%	-48.15%	-71.03%	-57.58%
Interactive Brokers Group, Inc.	-8.24%	45.32%	111.65%	119.9%	276.7%
Morgan Stanley	-8.56%	27.13%	32.96%	24.26%	143.52%
Robinhood Markets, Inc.	9.23%	79.36%	196.21%	102.8%	10.08%
Charles Schwab Corp., The	-8.03%	-0.3%	7.77%	-12.71%	52.56%
Goldman Sachs Group, Inc., The	-5.03%	22.51%	48.35%	47.02%	146.23%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Bitfarms Ltd	NA	NA	NA	0.0	-0.31	-0.13	NA	1.14
Interactive Brokers Group, Inc.	27.44	27.44	13.19	6.79	0.22	0.02	0.01	38.07
Morgan Stanley	18.31	18.31	3.49	7.34	0.11	0.01	0.03	58.25
Robinhood Markets, Inc.	63.69	63.69	NA	1.14	0.08	0.02	NA	8.16
Charles Schwab Corp., The	28.76	28.76	1.18	3.13	0.12	0.01	0.01	20.78
Goldman Sachs Group, Inc., The	16.58	16.58	3.73	36.74	0.1	0.01	0.02	327.61

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Bitfarms Ltd	Buy	$798.6M	-57.58%	NA	-67.88%
Interactive Brokers Group, Inc.	Buy	$74.3B	276.7%	27.44	14.12%
Morgan Stanley	Hold	$198.9B	143.52%	18.31	19.21%
Robinhood Markets, Inc.	Hold	$32.7B	10.08%	63.69	21.8%
Charles Schwab Corp., The	Buy	$134.8B	52.56%	28.76	27.47%
Goldman Sachs Group, Inc., The	Buy	$177.7B	146.23%	16.58	24.65%

About Bitfarms

bitfarms (otcqx: bllcf, tase: bllcf.ta) est une des plus importantes compagnies du domaine de la blockchain en amérique du nord. ses installations se trouvent au québec. bitfarms strives to develop the ecosystem growing around blockchain-based technologies. first public company in the blockchain operation and cryptomining world, bitfarms brings expertise that goes well beyond cryptomining. its teams design, build and manage farm operations and data centers, on top of handling energy logistics. bitfarms has a catalytic role in the ever-evolving digital landscape, it’s a part of what is changing the world’s inner workings.

Organization	Bitfarms
Employees	170
CEO	Mr. Benjamin Gagnon
Industry	Miscellaneous

Management People of Bitfarms

Name	Title
Mr. Benjamin Gagnon	CEO & Director
Mr. Jeffrey P. Lucas CPA	Chief Financial Officer
Mr. Liam Daniel Wilson	Chief Operating Officer
Mr. Marc-Andre Ammann C.A., CPA	Senior Vice President of Finance & Accounting
Ms. Tracy H. Krumme	Senior VP and Head of Investor Relations & Corp. Comms.
Mr. Philippe Fortier CPA	Executive Vice President of Corporate Development
Ms. Andrea Keen Souza	Senior Vice President of Human Resources
Mr. Paul Magrath	Vice President of Taxation & Sustainability
Mr. Alex Brammer	Senior Vice President of Global Mining Operations
Ms. Rachel Silverstein	U.S. General Counsel

Important FAQs about investing in Bitfarms from India :

What is Bitfarms share price today?

Bitfarms share price today stands at $1.68, Open: $1.64 ; Previous Close: $1.69 ; High: $1.71 ; Low: $1.60 ; 52 Week High: $3.91 ; 52 Week Low: $1.52. The stock opens at $1.64, after a previous close of $1.69. The stock reached a daily high of $1.71 and a low of $1.60, with a 52-week high of $3.91 and a 52-week low of $1.52.

Can Indians buy Bitfarms shares?

Yes, Indians can invest in the Bitfarms (BITF) from India.

With INDmoney, you can buy Bitfarms at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Bitfarms at zero transaction cost.

How can I buy Bitfarms shares from India?

It is very easy to buy Bitfarms from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Bitfarms be purchased?

Yes, you can buy fractional shares of Bitfarms with INDmoney app.

What are the documents required to start investing in Bitfarms stocks?

To start investing in Bitfarms, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.