Bitfarms Ltd.
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Bitfarms Ltd., a Canadian cryptocurrency mining company, has a market capitalization of $1.56B and reported total revenue of $229.28M in the last year. The company's net income decreased by 435.98% since last year, with a loss of $289.77M.
Bitfarms Ltd. is a Canadian company that mines cryptocurrency and operates server farms for validating Bitcoin transactions. The company was founded in 2017 and is headquartered in Toronto, Canada. Bitfarms has a market capitalization of $1.56B, placing it in the small capitalization category. In the last year, the company reported total revenue of $229.28M and a net income loss of $289.77M. The company's financial performance has been volatile, with total revenue increasing by 18.87% since last year but decreasing by 26.1% since last quarter.
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