Bitfarms Share Price Today
(NASDAQ: BITF)

Name: Bitfarms Share Price Today (NASDAQ: BITF) - Bitfarms Stock Price Live Quote | INDmoney
Brand: INDmoney
Rating: 4.7 (371551 reviews)

Bitfarms share price is $1.18 & ₹102.62 as on 6 Mar 2025, 2.30 'hrs' IST

$1.18

▲

0.04

(3.51%)

Market is closed - opens 8 PM, 06 Mar 2025

View live Bitfarms share price in Dollar and Rupees. Guide to invest in Bitfarms stock from India, including Indian investor sentiment. Get details on Indian mutual funds investing in Bitfarms, along with analyst recommendations, forecasts, and comprehensive financials.

Bitfarms share price movements

Today's Low: $1.11
Today's High: $1.18
$1.18
5.93%
Downside
Day's Volatility :5.93%
Upside
0.0%
52 Weeks Low: $1.06
52 Weeks High: $3.28
$1.18
10.17%
Downside
52 Weeks Volatility :67.68%
Upside
64.02%

Bitfarms (BITF) Returns

Period	Bitfarms Ltd	Index (Russel 2000)
3 Months	-45.19%	0.0%
6 Months	-40.31%	0.0%
1 Year	-56.82%	0.0%
3 Years	-64.71%	-11.6%

Bitfarms (BITF) Key Statistics

in dollars & INR

Previous Close	$1.14
Open	$1.14
Today's High	$1.18
Today's Low	$1.11
Market Capitalization	$557.5M
Today's Volume	$3.8M
52 Week High	$3.28
52 Week Low	$1.06
Revenue TTM	$183.0M
EBITDA	$36.3M
Earnings Per Share (EPS)	$-0.38
Profit Margin	-71.75%
Quarterly Earnings Growth YOY	0.0%
Return On Equity TTM	-32.84%

How to invest in Bitfarms Stock (BITF) 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 0.737 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 (BITF) for Indian investors in Rupees

The Bitfarms stock calculator helps Indian investors calculate returns based on the historical performance of the stock. Just choose your investment amount and duration to get insights and invest more confidently. See stock returns as well as the effect of dollar appreciation over different durations.

Investment Value

₹1,00,000

Bitfarms investment value today

Current value as on today

₹49,660

Returns

₹50,340

(-50.34%)

Returns from Bitfarms Stock

₹55,303 (-55.3%)

Dollar Returns

₹4,963 (+4.96%)

Indian investors sentiment towards Bitfarms (BITF)

Period: Feb 3, 2025 to Mar 5, 2025. Change in 30 Days versus previous period

Search interest for Bitfarms Stock from India on INDmoney has increased by 0% in the last 30 days, reflecting an upward trend in search activity.

Global Institutional Holdings in Bitfarms

Amvescap Plc.
2.70%
Mmcap International Inc. Spc
2.70%
Van Eck Associates Corporation
2.54%
UBS Group AG
1.30%
Vident Advisory, LLC
1.23%
Susquehanna International Group, LLP
1.06%

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 Stock (BITF)

What analysts predicted

Upside of 263.19%

Target:

$4.29

Current:

$1.18

Insights on Bitfarms Stock (Ticker Symbol: BITF)

Price Movement
In the last 3 months, BITF stock has moved down by -45.2%
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 190.1% return, outperforming this stock by 244.3%
BITF vs HOOD (3 yr)
In the last 3 years, Robinhood Markets, Inc. has given 321.7% return, outperforming this stock by 388.6%
Price to Sales
ForBITF every $1 of sales, investors are willing to pay $2.3, whereas for Robinhood Markets, Inc., the investors are paying $13.8 for every $1 of sales.

BITF Bitfarms Financials in INR & Dollars

	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%

	FY24	Y/Y Change
Revenue	$146.4M	↑ 0.0%
Net Income	$-104.0M	↑ 0.0%
Net Profit Margin	-71.08%	↑ 0.0%

	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%

	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%

	FY24	Y/Y Change
Profit	$-21.5M	↑ 0.0%

	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%

	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 in a neutral trading position according to technical analysis indicators.

Bitfarms (BITF) Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Bitfarms Ltd	-22.97%	-40.31%	-56.82%	-64.71%	-71.21%
Interactive Brokers Group, Inc.	-12.28%	55.51%	78.21%	243.13%	346.44%
Morgan Stanley	-11.26%	22.26%	42.1%	45.86%	224.59%
Robinhood Markets, Inc.	-10.94%	134.98%	181.83%	304.73%	32.74%
Charles Schwab Corp., The	-9.18%	17.99%	10.35%	-1.58%	148.27%
Goldman Sachs Group, Inc., The	-8.1%	19.12%	49.17%	80.54%	236.29%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Bitfarms Ltd	NA	NA	NA	0.0	-0.33	-0.13	NA	1.13
Interactive Brokers Group, Inc.	29.08	29.08	14.16	7.45	0.22	0.02	0.01	39.3
Morgan Stanley	16.23	16.23	3.45	8.71	0.13	0.01	0.03	58.98
Robinhood Markets, Inc.	30.06	30.06	NA	1.65	0.19	0.06	NA	9.01
Charles Schwab Corp., The	26.13	26.13	0.92	4.18	0.13	0.01	0.01	21.4
Goldman Sachs Group, Inc., The	14.33	14.33	3.62	46.52	0.12	0.01	0.02	335.17

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Bitfarms Ltd	Buy	$557.5M	-71.21%	NA	-71.75%
Interactive Brokers Group, Inc.	Buy	$82.8B	346.44%	29.08	14.52%
Morgan Stanley	Hold	$196.3B	224.59%	16.23	21.77%
Robinhood Markets, Inc.	Hold	$41.5B	32.74%	30.06	47.81%
Charles Schwab Corp., The	Buy	$141.7B	148.27%	26.13	30.31%
Goldman Sachs Group, Inc., The	Buy	$181.3B	236.29%	14.33	27.37%

About Bitfarms

Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. The company was formerly known as Bitfarms Technologies Ltd and changed its name to Bitfarms Ltd. in October 2018. The company was founded in 2017 and is based in Toronto, Canada.

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 BITF Stock from India :

What is Bitfarms share price today?

Bitfarms share price today stands at $1.18, Open: $1.14 ; Previous Close: $1.14 ; High: $1.18 ; Low: $1.11 ; 52 Week High: $3.28 ; 52 Week Low: $1.06.

The stock opens at $1.14, after a previous close of $1.14. The stock reached a daily high of $1.18 and a low of $1.11, with a 52-week high of $3.28 and a 52-week low of $1.06.

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 (BITF) 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.