Bullboard - Stock Discussion Forum Bitfarms Ltd T.BITF

Alternate Symbol(s): BITF

Bitfarms Ltd. is a Canada-based global vertically integrated bitcoin mining company. The Company develops, owns, and operates vertically integrated mining farms with in-house management and Company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Company’s proprietary data analytics system delivers operational performance and uptime. The... see more

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TSX:BITF - Post Discussion

Bitfarms Ltd > BITF vs DGHI

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Post by Joseisok on Mar 22, 2022 5:49pm

BITF vs DGHI

BITF - 4,883BTC - Market Cap 946,940,055 = $193,925.86/BTC

DGHI - 737BTC - Market Cap 105,483,329 = $143,124.83/BTC

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Comment by Joseisok on Mar 23, 2022 8:49pm

Way cheaper to buy Bitcoin on the open market $43,000.00 vs $193,925.86

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Comment by Trademan911 on Mar 24, 2022 12:27pm

This makes no sense?? Are you dividing the number of BTC Bitf has by their market cap?? That's not really how things work, but if they did, it would be $19 925.86 per coin...your decimal is in the wrong pace.

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Comment by Joseisok on Mar 24, 2022 1:04pm

So how does it work genius? By the way, my numbers are correct.

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Comment by Trademan911 on Mar 24, 2022 1:10pm

Market capitalization refers to the total dollar market value of a company's outstanding shares of stock. Commonly referred to as "market cap," it's calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.

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