Bitfarms (BITF) News Today

$1.75
-0.01 (-0.57%)
(As of 05/17/2024 ET)
Bitfarms (NASDAQ:BITF) Price Target Lowered to $3.00 at B. Riley
B. Riley cut their price target on Bitfarms from $4.00 to $3.00 and set a "buy" rating on the stock in a report on Friday.
Research Analysts Issue Forecasts for Bitfarms Ltd.'s Q4 2024 Earnings (NASDAQ:BITF)
Bitfarms Ltd. (NASDAQ:BITF - Free Report) - Northland Capmk lowered their Q4 2024 earnings per share estimates for Bitfarms in a research note issued on Thursday, May 16th. Northland Capmk analyst M. Grondahl now expects that the company will earn $0.02 per share for the quarter, down from their
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Bitfarms (NASDAQ:BITF) Shares Gap Up to $1.61
Bitfarms (NASDAQ:BITF) Shares Gap Up to $1.61
Bitfarms Reports First Quarter 2024 Results
Bitfarms Ltd. (NASDAQ:BITF) Short Interest Down 10.7% in April
Bitfarms Ltd. (NASDAQ:BITF - Get Free Report) was the recipient of a significant decrease in short interest in April. As of April 30th, there was short interest totalling 23,800,000 shares, a decrease of 10.7% from the April 15th total of 26,650,000 shares. Based on an average daily trading volume, of 23,840,000 shares, the short-interest ratio is presently 1.0 days. Currently, 8.3% of the shares of the company are sold short.
Crypto Miners Strike Gold in AI: Stocks to Watch
The cryptocurrency mining sector was once a symbol of booming growth and rapid innovation, but it now faces a series of daunting challenges. Rising energy costs are squeezing profit margins, and recently, the Bitcoin halving event cut the rewards to mining companies in half.
Crypto Miners Strike Gold in AI: Stocks to Watch (BITF)
Crypto mining companies are using their high-performance computing power to diversify into artificial intelligence, creating a new growth model.
Bitfarms (NASDAQ:BITF) Shares Gap Down to $1.73
Bitfarms (NASDAQ:BITF) Shares Gap Down to $1.73
Bitfarms (BITF) to Release Earnings on Monday
Bitfarms (NASDAQ:BITF) Shares Up 7.1%
Bitfarms (NASDAQ:BITF) Trading Up 7.1%
Bitfarms (BITF) Scheduled to Post Quarterly Earnings on Monday
Bitfarms (NASDAQ:BITF) will be releasing earnings before the market opens on Monday, May 13, Zacks reports.
Van ECK Associates Corp Has $12.16 Million Stake in Bitfarms Ltd. (NASDAQ:BITF)
Van ECK Associates Corp grew its holdings in shares of Bitfarms Ltd. (NASDAQ:BITF - Free Report) by 16.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,179,875 shares of the company's stock afte
Bitfarms: Efficiency Deserves A Price Premium
Bitfarms (NASDAQ:BITF) Shares Gap Down to $2.06
Bitfarms (NASDAQ:BITF) Shares Gap Down to $2.06
Bitfarms (NASDAQ:BITF) Receives New Coverage from Analysts at Northland Securities
Northland Securities initiated coverage on shares of Bitfarms in a research note on Thursday. They issued an "outperform" rating and a $4.00 price target on the stock.
Bitfarms (NASDAQ:BITF) Trading Down 4.7%
Bitfarms (NASDAQ:BITF) Stock Price Down 4.7%
Beyond the Halving: The Future of Bitcoin Mining Stocks
Bitcoin (BTC) is the pioneering cryptocurrency that has revolutionized the fintech sector since its inception in 2009. Underpinning this digital currency is a decentralized ledger known as the blockchain, which records all transactions and ensures the system's integrity.
Beyond the Halving: The Future of Bitcoin Mining Stocks (BITF)
The Bitcoin halving event presents challenges and opportunities for mining companies, necessitating adaptation and innovation to thrive in the evolving sector.
Bitfarms (NASDAQ:BITF) Stock Price Up 8.4%
Bitfarms (NASDAQ:BITF) Trading 8.4% Higher
Bitfarms (NASDAQ:BITF) Shares Gap Up to $1.71
Bitfarms (NASDAQ:BITF) Shares Gap Up to $1.71
Mirae Asset Global Investments Co. Ltd. Acquires 677,799 Shares of Bitfarms Ltd. (NASDAQ:BITF)
Mirae Asset Global Investments Co. Ltd. lifted its position in shares of Bitfarms Ltd. (NASDAQ:BITF - Free Report) by 27.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,126,022 shares o
Bitfarms (NASDAQ:BITF) Shares Gap Up to $2.08
Bitfarms (NASDAQ:BITF) Shares Gap Up to $2.08
Bitfarms (NASDAQ:BITF) Stock Price Down 6.2%
Bitfarms (NASDAQ:BITF) Shares Down 6.2%
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Bitfarms Ltd. (NASDAQ:BITF) Sees Significant Growth in Short Interest
Bitfarms Ltd. (NASDAQ:BITF - Get Free Report) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 26,850,000 shares, an increase of 12.2% from the February 29th total of 23,920,000 shares. Based on an average daily volume of 28,060,000 shares, the days-to-cover ratio is currently 1.0 days. Currently, 9.3% of the company's stock are short sold.
Bitfarms (NASDAQ:BITF) Trading Up 4.6%
Bitfarms (NASDAQ:BITF) Shares Up 4.6%
Bitfarms' (BITF) Overweight Rating Reiterated at Cantor Fitzgerald
Cantor Fitzgerald reiterated an "overweight" rating and issued a $4.00 price objective on shares of Bitfarms in a research report on Thursday.
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BITF Media Mentions By Week

BITF Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

BITF
News Sentiment

0.53

0.51

Average
Business Services
News Sentiment

BITF News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

BITF Articles
This Week

19

3

BITF Articles
Average Week

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This page (NASDAQ:BITF) was last updated on 5/18/2024 by MarketBeat.com Staff

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