BITF

Bitfarms Ltd.

Halal Rating :
Comfortable
Last Price $1.7 Last updated:
Market Cap $979.29m
7D Change

8.97 %

1 Year Change

-18.66 %

Company Overview Use of Interest Company Impact Justification for our Halal Rating Recent News

Company Overview

Industries
  • Finance
  • Insurance
  • And Real Estate
  • Banking
  • Financial Services
Exchange NASDAQ
Next Earnings Date March 18, 2024

Bitfarms Ltd. is a global Bitcoin mining company that operates multiple industrial-scale Bitcoin mining facilities. The company focuses on mining Bitcoin using computing power through mining farms powered by clean energy sources. Their operations include facilities across North and South America.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
June 30, 2024 $41.54m $65.5m $2.04m $349000.0 4.92% 0.53%
March 31, 2024 $50.09m $74.31m $680000.0 $378000.0 1.36% 0.51%
Dec. 31, 2023 $47.52m $63.37m - $638163.0 0.00% 1.01%

Company Impact

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