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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...
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.
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TSX:BITF - Post Discussion
Bitfarms Ltd
> BITF Manipulating Manipulation (DANGER)
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•••
lionshare
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Post by
lionshare
on Nov 22, 2024 12:09pm
BITF Manipulating Manipulation (DANGER)
Stay clear of this stock! always has been, always will be manipulated!
(30)
•••
Bludstan
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Comment by
Bludstan
on Nov 22, 2024 1:29pm
On the flip side, huge buy opportunity, if you stop looking at the temporary dip on negative EPS and focus on this instead. Aug 22: BTC = 64094$ BITF= 3.07$ Nov 22: BTW = 99000$ BITF= 2.92$ Aug 1: BTC held by BITF = 1016 (at August 22 prices = 65M$) Oct 1: BTC held by BITF = 1188 (at today's prices = 117M$) Though BTC has increased by 1.5, the assets of the company have nearly doubled, but
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