Bitfarms Ltd - Detailed Introduction, Company Background, Business Scope, Financial Data, and Market Performance

More Details of Bitfarms Ltd Company

Bitfarms Ltd. is a global vertically integrated Bitcoin data center company that contributes its computational power to one or more mining pools. It develops, owns, and operates vertically integrated mining facilities with in-house management and Company-owned electrical engineering, installation service, and multiple onsite technical repair centers. Its proprietary data analytics system delivers operational performance and uptime. The Company operates through the cryptocurrency mining segment. The activities of the Company mainly consist of selling its computational power used for hashing calculations for the purpose of cryptocurrency mining in multiple jurisdictions. Volta, a wholly owned subsidiary of the Company, assists the Company in building and maintaining its data centers. It has about 12 operating Bitcoin data centers and two under development, as well as hosting agreements with two data centers, in four countries: Canada, the United States, Paraguay, and Argentina.

Bitfarms Ltd Info

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Ticker SymbolBITF

Company nameBitfarms Ltd

IPO dateJul 16, 2019

CEOMr. Benjamin (Ben) Gagnon

Number of employees- -

Security typeOrdinary Share

Fiscal year-endJul 16

Address110 Yonge Street

CityTORONTO

Stock exchangeThe Toronto Stock Exchange

CountryCanada

Postal codeM5C 1T4

Phone16472591790

Websitehttps://bitfarms.com/

Ticker SymbolBITF

IPO dateJul 16, 2019

CEOMr. Benjamin (Ben) Gagnon

Company Executives of Bitfarms Ltd

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Name

Name/Position

Position

Shareholding

Change

Mr. Brian M. Howlett, CPA

Independent Chairman of the Board

44.25K

+121.24%

Mr. Philippe Fortier

Executive Vice President - Corporate Development

40.00K

+700.00%

Ms. Fanny Philip, CPA

Independent Director

2.00K

--

Mr. Jonathan Mir

Chief Financial Officer

--

Mr. Andrew J. Chang

Independent Director

--

Mr. Liam Daniel Wilson

Chief Operating Officer

--

Mr. Jeffrey (Jung Feng) Gao

Vice President - Global Risk Management

--

Mr. Benjamin (Ben) Gagnon

Chief Executive Officer, Director

--

Ms. Amy Leanne Freedman, J.D.

Independent Director

--

Ms. Marieve Rodrigue

General Counsel, Corporate Secretary

--

Name

Name/Position

Position

Shareholding

Change

Mr. Brian M. Howlett, CPA

Independent Chairman of the Board

44.25K

+121.24%

Mr. Philippe Fortier

Executive Vice President - Corporate Development

40.00K

+700.00%

Ms. Fanny Philip, CPA

Independent Director

2.00K

--

Mr. Jonathan Mir

Chief Financial Officer

--

Mr. Andrew J. Chang

Independent Director

--

Mr. Liam Daniel Wilson

Chief Operating Officer

--

Revenue Breakdown

Currency: USDUpdated: Mon, Oct 6

FY2025Q2

FY2025Q1

FY2024

FY2024Q4

FY2024Q3

FY2024Q2

FY2024Q1

FY2023

FY2023Q4

FY2023Q3

FY2023Q2

FY2023Q1

FY2022

FY2022Q4

FY2022Q3

FY2022Q1

FY2021

No Data

By RegionUSD

Name

Revenue

Proportion

United States

33.00M

42.41%

Canada

28.93M

37.18%

Paraguay

12.22M

15.70%

Argentina

3.66M

4.70%

By Business

By Region

No Data

Shareholding Stats

Updated: Wed, Oct 29

Shareholders

Shareholder Types

Shareholders

Proportion

Jane Street Capital, L.L.C.

5.31%

Riot Platforms Inc

4.56%

Vident Asset Management

2.02%

Van Eck Associates Corporation

1.97%

Invesco Capital Management LLC

1.80%

Other

84.34%

Shareholders

Proportion

Jane Street Capital, L.L.C.

5.31%

Riot Platforms Inc

4.56%

Vident Asset Management

2.02%

Van Eck Associates Corporation

1.97%

Invesco Capital Management LLC

1.80%

Other

84.34%

Shareholder Types

Shareholders

Proportion

Investment Advisor

14.23%

Research Firm

6.19%

Investment Advisor/Hedge Fund

5.73%

Corporation

4.56%

Hedge Fund

1.63%

Bank and Trust

0.31%

Pension Fund

0.13%

Individual Investor

0.10%

Other

67.11%

Institutional Shareholding

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Updated: Wed, Oct 1

Reporting Period

No. of institutions

Shares Held

Proportion

Change

2025Q3

341

128.53M

22.83%

-30.25M

2025Q2

338

190.44M

34.20%

-61.90M

2025Q1

342

210.69M

42.22%

-34.51M

2024Q4

327

210.75M

44.13%

-670.69K

2024Q3

305

191.06M

42.81%

-33.65M

2024Q2

292

170.20M

40.42%

+6.64M

2024Q1

279

99.52M

27.96%

-23.71M

2023Q4

263

97.05M

30.90%

-350.30K

2023Q3

238

69.17M

25.74%

+2.67M

2023Q2

228

57.20M

22.55%

-3.25M

Shareholder Activity

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Name

Shares Held

Proportion

Change

Chg %

Date

Riot Platforms Inc

25.68M

4.57%

-20.75M

-44.69%

Aug 18, 2025

Vident Asset Management

11.36M

2.02%

+4.68M

+69.95%

Jun 30, 2025

Van Eck Associates Corporation

11.08M

1.97%

-153.08K

-1.36%

Jun 30, 2025

Invesco Capital Management LLC

10.13M

1.8%

+2.77M

+37.61%

Jun 30, 2025

Vident Investment Advisory, LLC

8.95M

1.59%

-1.33M

-12.90%

Aug 31, 2025

VanEck Asset Management B.V.

7.42M

1.32%

-268.94K

-3.50%

Aug 31, 2025

MMCAP Asset Management

6.60M

1.17%

-5.25M

-44.30%

Jun 30, 2025

Mirae Asset Global Investments (USA) LLC

5.16M

0.92%

-331.44K

-6.03%

Jun 30, 2025

Related ETFs

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Updated: Mon, Oct 6

Name

Proportion

CoinShares Bitcoin Mining ETF

5.71%

Grayscale Bitcoin Miners ETF

3.61%

Schwab Crypto Thematic ETF

3.45%

Global X Blockchain ETF

2.92%

Invesco Alerian Galaxy Crypto Economy ETF

1.92%

VanEck Digital Transformation ETF

1.88%

Fidelity Crypto Industry and Digital Payments ETF

1.75%

Invesco AG Blkchn Users and Decentralized Comm ETF

1.2%

iShares Blockchain and Tech ETF

1.09%

SPDR S&P Kensho New Economies Composite ETF

0.2%

CoinShares Bitcoin Mining ETF

Proportion5.71%

Grayscale Bitcoin Miners ETF

Proportion3.61%

Schwab Crypto Thematic ETF

Proportion3.45%

Global X Blockchain ETF

Proportion2.92%

Invesco Alerian Galaxy Crypto Economy ETF

Proportion1.92%

VanEck Digital Transformation ETF

Proportion1.88%

Fidelity Crypto Industry and Digital Payments ETF

Proportion1.75%

Invesco AG Blkchn Users and Decentralized Comm ETF

Proportion1.2%

iShares Blockchain and Tech ETF

Proportion1.09%

SPDR S&P Kensho New Economies Composite ETF

Proportion0.2%

Dividend

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A total of 0.00 USD has been distributed in dividends over the past 5 years.

Date

Dividend

Record Date

Payment Date

Ex-dividend Date

No Data

Stock Split

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Date

Type

Ratio

No Data

Date

Type

Ratio

No Data