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-0.00301559792027735 0 0.00176776429809362 -0.0103986135181975 -0.0163951473136915 -0.0207972270363952 -0.0242634315424609 -0.0294627383015598
Stock impact report

Assessing Bitfarms (TSX:BITF) Valuation As Crypto Miner Shifts Toward HPC And AI Data Centers [Yahoo! Finance Canada]

Bitfarms Ltd. (BITF) 
Recent trading has been choppy, with a 10.53% 1 day share price return and a 5.62% 7 day share price return contrasting with weaker 30 and 90 day share price returns, while longer term total shareholder returns over 1, 3 and 5 years remain positive. If Bitfarms has you looking more broadly at crypto exposed names, it could also be a good time to widen your watchlist with high growth tech and AI stocks With Bitfarms posting revenue of CA$276.409m alongside a net loss of CA$70.213m, yet sitting far below the average analyst price target of CA$8.48, is the stock on sale, or is the market already pricing in future growth? Most Popular Narrative Narrative: 57.9% Undervalued Against the last close of CA$3.57, the most followed narrative points to a fair value around CA$8.48, framing a sizeable valuation gap to unpack. Strategic conversion of renewable-powered mining sites (particularly in Quebec and Washington) into high-performance computing (HPC) and AI data centers aligns with Show less Read more
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