small-cap

One Bitcoin Mining Stock Reported Negative Margins in FY2024 – BITF

May 07, 2025 | Team Kalkine
One Bitcoin Mining Stock Reported Negative Margins in FY2024 – BITF
Image source: shutterstock

BITF:TSX
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (CA$)

Section1: Company Overview

Bitfarms Ltd. (TSX: BITF) is a global Bitcoin mining company which 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 best-in-class operational performance and uptime. Bitfarms currently has 10 farms, which are located in four countries: Canada, the United States, Paraguay, and Argentina. Powered by predominantly environmentally friendly hydro-electric and long-term power contracts, Bitfarms is committed to using sustainable, locally based, and often underutilized energy infrastructure. 

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