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 > This stock is about to blow its lid...

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Comment by evilballson May 30, 2024 4:55pm

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Post# 36065220

RE:RE:This stock is about to blow its lid...

I would take a combination of shares and cash if it would up the bid or even all shares if RIOT if the share exchange ratio was much higher.. $5 would be dumb if RIOT is $20 and would still significantly undervalue BITF given overall market forces... imho

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