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Bitfarms Ltd T.BITF

Alternate Symbol(s):  BITF

Technology Software - Application
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 Company operates through the cryptocurrency mining segment. The Company operates server farms comprised of computers (Miners) designed for the purpose of validating transactions on the Bitcoin (BTC) Blockchain (Mining). The Company also operates Miners about 24 hours a day producing computational power (measured by hashrate) which it sells to Mining Pools under a formula-driven rate commonly known as Full Pay Per Share (FPPS). The Company has 11 farms, which are located in four countries: Canada, the United States, Paraguay, and Argentina.


TSX:BITF - Post by User

Bitfarms Ltd > BITF at 5.99 on premarket at 7:18
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Comment by B4UInveston Mar 09, 2021 8:22am
90 Views
Post# 32750617

RE:BITF at 5.99 on premarket at 7:18

RE:BITF at 5.99 on premarket at 7:18
It might be prudent to temper our expectations on SP, Bitf went from $4.64 Feb 16, up to $9.34 and back down to $4.64 Mar 5, very volatile price swing over 17 days, you have to think many investors got caught buying in late on the upswing, and those on the sidelines don't care for the volatility.
Might take a while to shake out the fear, thinking the price increases will be slower with this btc upswing
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