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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

Comment by LetsRoll10on May 07, 2021 3:40pm
165 Views
Post# 33154355

RE:RE:BITF should break $8, very strong

RE:RE:BITF should break $8, very strongAgreed, if Bitcoin price enters into the $60,000 area we should see that $ 10.00 range.  With $ 57,000 Bitcoin area we should be seeing new stock daily's of around $8.00 all based on the Nasdaq news and the analysis a few of us did based on other stocks is we expect to see this double to $ 16.00 USD within the first three weeks on the NAS.  It's all positive, need Bitcoin to continue to climb and a fantastic buying opportunity at these rates.   That's $ 16.00 only climbs higher as well.  So this a hot discounted ticket right now if you think Bitcoin maintains or increases in price. 
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