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 > Market cap 942m / 5243 BTC = $179,668.00/BTC

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Post by Joseisok on Apr 05, 2022 9:27am

Market cap 942m / 5243 BTC = $179,668.00/BTC

Bitcoin price 46,500.00 go figure.

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Comment by BUZZ24 on Apr 08, 2022 10:57pm

EPS=13 cents and growing PE=32.4 and going lower PB=1.52 the lower the better. must have forgot a few things in that calculation. Bitf will still make money with btc @ $15k...but growth obviously would slow down. This company is still in its infancy. Look what they've done so far. Making tons of free cash flow and investing it in btc...wait for the next phases to come online. It's ...more

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Comment by Joseisok on Apr 09, 2022 10:22am

Exactly, why pay $179,668.00 when you can buy bitcoin for $42,400.00 today.

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Comment by BUZZ24 on Apr 11, 2022 11:45am

You're not paying $179,668. You're paying for something that makes money and for what it costs to get there....and to have an actual P/E and P/B and EPS.

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