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Bitfarms (BITF) Competitors

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$1.27 +0.04 (+3.25%)
Closing price 08/22/2025 04:00 PM Eastern
Extended Trading
$1.27 +0.00 (+0.39%)
As of 08/22/2025 07:59 PM Eastern
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BITF vs. BTBT, CLSK, COIN, HIVE, HUT, IREN, MARA, MSTR, RIOT, and BFH

Should you be buying Bitfarms stock or one of its competitors? The main competitors of Bitfarms include Bit Digital (BTBT), Cleanspark (CLSK), Coinbase Global (COIN), HIVE Digital Technologies (HIVE), Hut 8 (HUT), IREN (IREN), Marathon Digital (MARA), MicroStrategy (MSTR), Riot Platforms (RIOT), and Bread Financial (BFH).

Bitfarms vs. Its Competitors

Bitfarms (NASDAQ:BITF) and Bit Digital (NASDAQ:BTBT) are both small-cap business services companies, but which is the superior stock? We will contrast the two businesses based on the strength of their profitability, institutional ownership, risk, valuation, analyst recommendations, media sentiment, dividends and earnings.

In the previous week, Bit Digital had 20 more articles in the media than Bitfarms. MarketBeat recorded 32 mentions for Bit Digital and 12 mentions for Bitfarms. Bitfarms' average media sentiment score of 0.92 beat Bit Digital's score of 0.49 indicating that Bitfarms is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bitfarms
4 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bit Digital
8 Very Positive mention(s)
6 Positive mention(s)
7 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

20.6% of Bitfarms shares are held by institutional investors. Comparatively, 47.7% of Bit Digital shares are held by institutional investors. 9.5% of Bitfarms shares are held by insiders. Comparatively, 1.8% of Bit Digital shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Bit Digital has lower revenue, but higher earnings than Bitfarms. Bit Digital is trading at a lower price-to-earnings ratio than Bitfarms, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bitfarms$192.88M3.66-$94.55M-$0.17-7.47
Bit Digital$155.09M5.97$28.31M-$0.31-9.29

Bitfarms has a net margin of -35.09% compared to Bit Digital's net margin of -52.86%. Bitfarms' return on equity of -9.86% beat Bit Digital's return on equity.

Company Net Margins Return on Equity Return on Assets
Bitfarms-35.09% -9.86% -8.44%
Bit Digital -52.86%-9.90%-8.36%

Bitfarms has a beta of 3.5, meaning that its stock price is 250% more volatile than the S&P 500. Comparatively, Bit Digital has a beta of 4.9, meaning that its stock price is 390% more volatile than the S&P 500.

Bitfarms currently has a consensus target price of $3.95, suggesting a potential upside of 211.02%. Bit Digital has a consensus target price of $6.33, suggesting a potential upside of 119.91%. Given Bitfarms' higher possible upside, equities analysts plainly believe Bitfarms is more favorable than Bit Digital.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bitfarms
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
3.00
Bit Digital
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
3.33

Summary

Bitfarms beats Bit Digital on 9 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BITF and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BITF vs. The Competition

MetricBitfarmsTechnology Services IndustryBusiness SectorNASDAQ Exchange
Market Cap$684.07M$2.59B$24.27B$9.62B
Dividend YieldN/A1.60%2.83%4.10%
P/E Ratio-7.4723.1528.4426.05
Price / Sales3.6648.4637.07102.67
Price / Cash6.8041.6425.7858.48
Price / Book1.076.626.026.61
Net Income-$94.55M$34.55M$198.30M$265.65M
7 Day Performance0.79%1.82%1.48%2.02%
1 Month PerformanceN/A-5.62%-2.18%-0.31%
1 Year Performance-47.95%37.27%33.19%19.06%

Bitfarms Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BITF
Bitfarms
2.0602 of 5 stars
$1.27
+3.3%
$3.95
+211.0%
-43.8%$684.07M$192.88M-7.47110Gap Down
BTBT
Bit Digital
2.7312 of 5 stars
$3.01
-5.6%
$6.33
+110.4%
-24.0%$963.09M$108.05M-9.7110Trending News
Analyst Revision
CLSK
Cleanspark
4.5198 of 5 stars
$9.75
-2.0%
$20.47
+110.0%
-17.3%$2.74B$631.94M11.47130
COIN
Coinbase Global
4.0471 of 5 stars
$317.55
-2.3%
$352.72
+11.1%
+61.2%$81.59B$6.56B30.713,772Trending News
Analyst Revision
HIVE
HIVE Digital Technologies
2.9376 of 5 stars
$2.22
-1.3%
$6.67
+200.3%
-20.3%$509.14M$115.28M-11.1020News Coverage
Analyst Forecast
Analyst Revision
HUT
Hut 8
2.0217 of 5 stars
$23.32
-2.0%
$26.71
+14.5%
+104.1%$2.46B$162.38M0.00219Analyst Forecast
IREN
IREN
2.0891 of 5 stars
$19.69
+3.2%
$20.89
+6.1%
+164.6%$3.70B$188.76M0.00100News Coverage
Upcoming Earnings
MARA
Marathon Digital
3.6493 of 5 stars
$15.67
-0.5%
$24.22
+54.6%
-3.4%$5.81B$656.38M14.129News Coverage
Insider Trade
Options Volume
MSTR
MicroStrategy
4.8144 of 5 stars
$366.32
-1.8%
$552.50
+50.8%
+167.6%$100.15B$463.46M32.251,534Trending News
RIOT
Riot Platforms
3.1152 of 5 stars
$11.33
-7.5%
$17.33
+52.9%
+64.2%$4.19B$376.66M-26.35340Options Volume
BFH
Bread Financial
3.8591 of 5 stars
$59.76
-2.8%
$64.42
+7.8%
+14.4%$2.78B$4.80B10.116,000News Coverage
Positive News

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This page (NASDAQ:BITF) was last updated on 8/23/2025 by MarketBeat.com Staff
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