BITF (Bitfarms Ltd. Common Stock) Stock Analysis - News

Bitfarms Ltd. Common Stock (BITF) is a publicly traded Financial Services sector company. As of May 21, 2026, BITF trades at $1.98 with a market cap of $1.19B and a P/E ratio of -3.05. BITF moved +5.32% today. Year to date, BITF is -23.26%; over the trailing twelve months it is +130.77%. Its 52-week range spans $0.67 to $6.60. Analyst consensus is buy with an average price target of $5.50. Rallies surfaces BITF's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.

What changed in BITF news today?

Bitfarms Secures 2 GW AI Pipeline, $520 M Liquidity and Plans $123 M Bitcoin Sale: Bitfarms has secured over 2 GW of North American AI/HPC pipeline, $520 million liquidity and 99% shareholder support for its pivot from Bitcoin mining to colocation and AI data centers, while awaiting permits expected by late summer. The company plans to sell its remaining 1,827 BTC, valued at $123 million, to achieve zero Bitcoin exposure.

BITF Key Metrics

Key financial metrics for BITF
MetricValue
Price$1.98
Market Cap$1.19B
P/E Ratio-3.05
EPS$-0.65
Dividend Yield0.00%
52-Week High$6.60
52-Week Low$0.67
Volume37.31M
Avg Volume0
Revenue (TTM)$218.62M
Net Income$-374.34M
Gross Margin-20.81%

Latest BITF News

BITF Analyst Consensus

4 analysts cover BITF: 0 strong buy, 3 buy, 1 hold, 0 sell, 0 strong sell. Consensus rating is buy. Average price target: $5.50.

Common questions about BITF

What changed in BITF news today?
Bitfarms Secures 2 GW AI Pipeline, $520 M Liquidity and Plans $123 M Bitcoin Sale: Bitfarms has secured over 2 GW of North American AI/HPC pipeline, $520 million liquidity and 99% shareholder support for its pivot from Bitcoin mining to colocation and AI data centers, while awaiting permits expected by late summer. The company plans to sell its remaining 1,827 BTC, valued at $123 million, to achieve zero Bitcoin exposure.
Does Rallies summarize BITF news?
Yes. Rallies summarizes BITF news with ticker-specific context, catalysts, source links, and AI-generated market summaries when news is available.
Is BITF research on Rallies investment advice?
No. Rallies provides research, data, and educational context for BITF. It does not provide personalized investment advice.
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