Bitfarms: Efficiency Deserves A Price Premium [Seeking Alpha]
Bitfarms Ltd. (BITF)
Company Research
Source: Seeking Alpha
The company is expanding its mining capacity and securing low-cost electricity supply agreements, enhancing its efficiency. Despite the departure of its CEO, Bitfarms remains a strong investment opportunity with a target price of $7. This will be my third article on Bitfarms ( NASDAQ: BITF the first , published in May 2023, discussed Bitfarms' strategy of placing its farms worldwide and its attempts to improve its balance sheet. I set a target of a 100% increase in share price, which Recommended For You Recommended For You About BITF Stock Related Stocks Trending Analysis Trending News
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BITF
News
- Bitfarms Q1 2024 Earnings: Is The Worst Over? (Rating Downgrade) [Seeking Alpha]Seeking Alpha
- CANADA STOCKS-TSX climbs on softer-than-expected US inflation data [Yahoo! Finance]Yahoo! Finance
- Bitfarms Reports First Quarter 2024 Results [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Bitfarms Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Bitfarms Reports First Quarter 2024 ResultsGlobeNewswire
BITF
Sec Filings
- 5/15/24 - Form 6-K
- 5/14/24 - Form 6-K
- 5/13/24 - Form 6-K
- BITF's page on the SEC website