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Bullboard - Stock Discussion Forum 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... see more

TSX:BITF - Post Discussion

Bitfarms Ltd > Earnings Nov 12th
View:
Post by kidderpeabody on Oct 25, 2024 5:31pm

Earnings Nov 12th

I just took a quick at the balance sheet.

Besides the size of the loss from q1 compared to q2 these items stood out.
 
q2 2024 Weighted average number of common shares outstanding Basic and diluted 401,239,000
 
q1 2024 Weighted average number of common shares outstanding Basic and diluted 338,745,000
 
q2 2024 Accumulated deficit (315,739) (Expressed in thousands of U.S. dollars - unaudited)
 
q2 2024 Accumulated deficit (293,406) (Expressed in thousands of U.S. dollars - unaudited)
 
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