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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 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

Post by Hotmetalon Mar 19, 2021 1:56pm
169 Views
Post# 32839084

Pending Annual Meeting

Pending Annual MeetingWhat matters most for BITF at Conference Call: Price of BTC; Nasdaq Listing Guidance; Increased Hash Rate Guidance (when at 3); News on 48,000 miners (maybe they can get some early); First Quarter and balance of year Guidance; BTC Retention program and long term strategy. Aside from BTC price staying above 50K the Nasdaq listing is the biggest news for moving this stock as it will attract American Institutional Buyers.
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