Bitfarms Stock (NASDAQ:BITF)
Previous Close
$1.98
52W Range
$0.67 - $6.60
50D Avg
$2.19
200D Avg
$2.37
Market Cap
$1.30B
Avg Vol (3M)
$35.88M
Beta
3.72
Div Yield
-
BITF Company Profile
Bitfarms Ltd. operates an enterprise focused on the extraction of various digital currencies across North America. The company maintains and runs its own data centers, primarily dedicated to verifying transactions on the Bitcoin Blockchain, from which it obtains cryptocurrency through block rewards and associated transaction fees. In addition to its mining operations, Bitfarms provides electrical contracting services to commercial and residential customers throughout Quebec, Canada. It also offers hosting facilities for external cryptocurrency mining equipment. Founded in 2017, the company maintains its corporate headquarters in Toronto, Canada.