Bitfarms Ltd (BITF)

[TaperT2]

Hey Mikey , Im trading thru a Roth , just buyn all I can under 5$ no Flippy here , Like 100% Returns kinda Guy , hope BITF breaks ath

[Mikey]

this thing is going to fly, along with most miners with a ETF approval.....are you flipping it or holding?

[Fredric]

Move what you can. I'm spreading around to a few low price goodies. But I believe this will make big moves over the next few months considering it's upward movement over the last year

[TaperT2]

Im Loven thee chart it only dip down to 2.16 ytday or close , i did add on dip , lil by lil Tho she’s “up hill” Strong ,hope the crow dont show up , or ill just start posting on btc wall , Cheers ,

[Mikey]

T2........look at this chart--I cant believe i'm not getting a pullback so, I can jump in, lol

[Mikey]

T2........look at this chart--I cant believe i'm not getting a pullback so, I can jump in, lol

[TaperT2]

Hi Mikey, at first i thought he meant bitf then after your post i reread his comment
And i believe he was ref to Amy , lol makes sense now ,

[1hot toddy]

25000 SHARE BUY PLUS MORE BIG BUYS TODAY $$$$$$$$$$

[1hot toddy]

18 MIL BUY/ 15 MIL SELL AND STOCK DOWN 12%

[1hot toddy]

MORE MONSTER BUYS 25K NOW

[1hot toddy]

MONSTER BUYS 17K, 15K,12K,9K IN JUST LAST 10 MINUTES $$$$$$$$

[Mikey]

your are talking about ANY, right? not BITF?

[TaperT2]

Gee thanks for tip, I tink ill add on any Dips going Forward No Worries Here gltu

[InspectorBullit]

If a US (regional/large) bank liquidity issue is coming to the fore, we could see a stock market rug-pull. After the carnage, bitcoin turns ever higher. It's a fiat problem, not just a bank problem.
And if this isn't the start of a bank crisis, I guarantee you one is on the way.

[Biopharm1]

Look at their registration/prospectus, big dilution coming, I got out.

[InspectorBullit]

please god, let this be a major dip. Sunday evening, bitcoin dropping.
Dry powder at ready.

[TaperT2]

They were neck to neck up until last 2 sessions. All Green tho.

[Monksdream]

BITF new 52 week high
Compare to Marathon Digital

[Mikey]

good buy......I like it, Bullit

[InspectorBullit]

bought 3K shares of BITF over two weeks. of course, wishing it were more.

I'm also in COIN, MARA, CLSK, Bkkt, Microstrategy. This time around, no COVID. This time around, sovereign wealth funds looking for bitcoin. JP Morgan tried to tank the price and it hasn't worked. If there's a serious dip, I'll be buying.

[TaperT2]

My (ANY) not moven as well considering selln move it over here

[Fredric]

Kicking ass chewing bubblegum

[TaperT2]

Holdn for $10+

[Tony5885]

Go baby go-your target is 3:60 and then 5:90

[TaperT2]

MARKETS
Bitfarms (NASDAQ: BITF) in Focus: Exploring the Meteoric 110% Surge and Macro Influences

Published 4 hours ago on December 7, 2023


https://microcapdaily.com/bitfarms-nasdaq-bitf-in-focus-exploring-the-meteoric-110-surge-and-macro-influences/

[Fredric]

Looking good here. I will be adding weekly until 10$ a share. This looks to be huge

[MADDSTACKER]

Let’s goooo 2024 should be huge

[OffTheGrid]

In

[TaperT2]

$2.01 Hod.

[SmokyStock]

In the same period, $HIVE mined 2,424 BTC,
$ARBK mined 1,317 BTC, and
$HUT mined 1,204 BTC.
$BITF mined 3692 continues to lead the industry and improve its performance!

[WealthWizard]

$BCHG is up 16.13% at $1.80.
$BITF gained 11.27% to reach $1.05.
$CIFR rose by 10.87% to $2.66, and
$WULF increased by 9.8% to $1.12.

All these stocks received a Bearish sentiment score .

Analysts recommend Strong Buy for Bitfarms Ltd and Cipher Mining Inc with price targets of $3.56 and $5.25, respectively.

Their next earnings reports are on November 13.

[MADDSTACKER]

They need to start buying shares back .

[SmokyStock]

$BITF, Bitfarms, a power generation and farming company, reported a 10% increase in its hashrate from Q1 to 5.3 EH/s in Q2, indicating expansion efforts. The company mined 1,223 bitcoins in Q2, with 383 in August, up from 534 in July. The year-to-date total is 3,281 bitcoins, higher than last year. Bitfarms sold off 323, generating $9 million, and added 60 bitcoins to its treasury, increasing its holding to 654 bitcoins. Cantor Fitzgerald analyst Josh Siegler believes Bitfarms has significant strength for next year, with a strong balance sheet and higher visibility to Argentina.

Well let's hope October is our month!!!!!!

[Jones077]

$BITF Bitfarms Ltd. closed at $1.13, a 1.74% decline from the previous day, underperforming its sector and S&P 500. Analysts anticipate growth in earnings and revenue.

[AJ Freely]

$BITF - Bitfarms Mines 378 BTC in July
👉Launched expansion to nearly double hydropower capacity to 350 MW
👆Up 3.5% / Current Price $1.84

[AKATITUS]

Maybe she will break soon. Lots of chewing going on.

[perry3412]

One of these nice days, a stock analyst for a hedge fund will perform a fundamentals analysis and discover BitFarms is worth double Marathon Digital.

[AKATITUS]

Still cheap.

[Monksdream]

Bitfarms Ltd NASDAQ: BITF

GoSymbol lookup
Information Technology : Software | Small Cap Blend | Based in CanadaCompany profile
Bitfarms Ltd. is a Canada-based is a global bitcoin self-mining company. The Company is primarily engaged in the cryptocurrency mining industry. The Company is running vertically integrated mining operations with onsite technical repair, data analytics and its own electrical engineering and installation services to deliver operational performance and uptime. The Company operates cryptocurrency mining operations in North America. The Company’s operations include Farnham, Saint-Hyacinthe, Cowansville, Magog, Sherbrooke 1&2, Washington, Paraguay, Sherbrooke Bunker, and Sherbrooke Leger.

[Th_EO]

I believe it is extremely undervalued in relation to Hut. BITF SP was previously higher than Hut; therefore, I assume it will return to that level.

[SmokyStock]

In June, Bitfarms mined 385 BTC, demonstrating their expertise and dedication to the cryptocurrency industry. This significant amount of Bitcoin demonstrates their profitability and cements their reputation as a dependable and efficient mining operation. Bitfarms remains committed to thriving in the ever-changing cryptocurrency world.

[Th_EO]

Bitfarms is among the leading players in the Bitcoin mining space, as underscored by a robust 240% rally this year.

[perry3412]

It may well be that Bitfarm revenue growth rate of 50% over three years has convinced shareholders to believe in a brighter future. In that case, the company may be sacrificing current earnings per share to drive growth, and maybe shareholders' faith in better days ahead will be rewarded.

[perry3412]

Bitfarms receives a permit to power up to 100 MW in Argentina.

[perry3412]

Nice rise on BTC; I hope it is the start of something good.

[Spicknspan]

Bitcoin may break $25,000 soon. Watch BITF run. imo

[DavidPro__1]

Bitfarms, founded in 2017, now employs 50,000 miners across nine farms in four countries. The farms are powered by low-cost hydroelectric energy, which gives the company an advantage in an industry that has been chastised for its lack of sustainability. Its proprietary software and innovative management team promise global expansion, making it one of the best bitcoin mining stocks to invest in today. Bitfarms were also one of the best performing mining stocks in 2022, with the smallest declines.

[DavidPro__1]

The cryptocurrency crash has presented an attractive investment opportunity in crypto stocks. Bitfarms (NASDAQ:BITF) stock traded at 52-week highs of $9.4. The stock trades below $1 and is worth considering among penny stocks to buy. Bitfarms continues to expect steady growth in capacity in the coming quarters. Digital assets are likely to swell further in the next year. This has translated into healthy growth in Bitcoin (BTC-USD) mined for year-to-date 2022. As of September 2022, the company reported 2,065 Bitcoin in its balance sheet. Once Bitcoin reverses, BITF stock will be positioned for a meaningful rally.

[conix]

Amending the BTC-backed loan that was to mature June 30, 2022, extending the maturity by three-months for a maximum of US$40 million, of which US$38 million is currently outstanding, at an interest rate of 11.25%.

Selling 3,352 BTC during the month for total proceeds of US$69 million, a portion of which was used to pay down the BTC-backed facility.

[conix]

All these HODL miners are contributing to the weakness in the BITC price because these guys are being forced to sell now. At some point, this selling would lighten up and new traders/investors in Bitcoin get encouraged that they are not buying into a Falling Knife scenario.

www.bitcointreasuries.net has a list of the HODL miners.

The companies that are NOT on this list that have been selling their bitcoin as they go along. They have been the smart guys. They will be buying cryptomining machines in the spot market--because they have cash and not depreciated bitcoins.