Bitfarms Ltd (BITF) News

No need for announcement.Reverse Split amanant on this garbage and everyone knows this.80 cents? LOLOL

It wasn't announced, it will be voted on soon. It will be termed as a share consolidation and unless shareholders vote no and it will most likely be a 1 for 10 split. This will reduce the share count to 55 million and probably have a better appeal to HPC partners. At least that would be the goal.

GL

And when was that announced?

Oh, they didn't.

Well then, what about asteroids from space, and solar storms, sink holes, volcanoes, ad infinitum....

If you are going to worry about things that haven't happened yet then why hold back?

LOL!

Oh and add in there the R/S coming EOM 

I think Bitfarms is an excellent investment. And here's why...

My Bitfarms investment premise: It is far easier for an 80 cent stock to double to $1.60 than it is for an $8 stock to double to $16.

I now own 11,500 shares which I have accumulated starting in 2023. My current cost basis is about $1.53 a share. So I am down a little over $8K.

Since I started accumulating shares I have been selling covered Call options against my position as it has grown over time. The money I receive from the options I then use to buy more shares. All of the options I have sold either expired worthless or else I bought them back at a substantially reduced cost. In 2023 I cleared $816, and another $1684 in 2024, and so far in 2025 I have received $784. All of this is cash profit for a total of $3294 in 2.5 years.

At this moment I have in place 100 Covered Call option contracts against my position Exercise-able at $2.50 and expiring on Jan 16, 2026. That is 213 days from now. For these options I have received $935 cash. I am betting that BITF will NOT exceed $2.50 a share on Jan 16, 2026. I can't count this $935 as profit until the options expire in 2026, 213 days from now. And I would be very happy to be mistaken about the final price.

My "worst case" scenario is that BITF is above $2.50/share on next Jan 16, my options get exercised, and the stock is sold for a total of $25,000. That turns out to be $7494 profit on the stock sale, $935 profit on the option sale, and add in my previous profit since 2023 of $3294, for a grand total of $11,723 profit on an investment of $17,505. That feels like about a 65% return in about 3 years.

Of course, I hope the options don't get exercised because I would like to just keep "harvesting" option cash income throughout 2026 and beyond. And if it does go above $2.50 then I will miss out on some profit. But I may be able to buy the position back on a dip following an overshoot to the upside.

In selling Call options against my position I am taking a risk of sorts. In a way I am betting against myself. Because I really would very much like to see Bitfarms stock price explode to the upside. That is why I bought this stock. And I can see several reasons why there is a good chance that will happen. Possibly soon.

Bitfarms, like several other Bitcoin Miners, has made a pivot away from just Bitcoin Mining toward supporting High Performance Computing for A.I. They have stated that they will NOT expand their Mining business any further, but keep operating it as the "cash cow" that it is. They will put all future resources into HPC for A.I. They already have 15 active Data Centers, and 461MW capacity. In addition to sites in North America, they also have sites in South America. They are Multi-National and build where ever the power is cheap. All they need now is some customers for their data centers and we are off to the races.

Currently the shares outstanding is about 556 million. The Short position is about 51 million shares. Shares sold short are borrowed and have to be repurchased at some point. Sometime a sizeable short position is a good thing because it adds to the number of shares available to be purchased. Now might be a good time to load up while the shares are cheap. Also, RIOT is holding about 14% of the float. As I recall they paid over $3/share for the position so I think they won't unload until they have a profit. Why should they sell at a loss; they don't need the money.

The point of all of this is, I believe this stock is a very good candidate for a Short Squeeze that will require the short sellers to cover their short positions at increasingly higher prices. And of course, Bitcoin is expected to increase in price also. As of May, Bitfarms is holding about 1005 Bitcoin worth over $100M. Everything considered, Bitfarms stock is extremely undervalued. That is if you believe that Bitcoin and A.I. have a future.

As I said earlier, it would be not be unusual to see BITF shares double in price in one day.

All just my opinion... Good Luck to All Longs.

This Turd will bounce back up HUGE! Pending R/S gonna help this bounce up HUGE! 🤪

This turd will bounce back up. They are one of the main leaders in this space. They are getting set up for the long term. AI is definitely interesting.

Imo this turd will drop soon to 50's

What a Big Turd this Became , They Dilute the Crap out of US and Now Want RS , Allot of Angry Folks that held on to this pipe dream turd Joe Dirt and his Meteor. 

hmmm…watchin’ mmme, watchin’ youuu-hooo! 🫡

There…u go, ahhh-gainzzzzz🥱😴🤑

BITF, new 52 week low

A few minutes ago Bitfarms moved their Earnings release to Thursday, March 27, before the bell.

And now Bitcoin is showing it has a pulse. So maybe Bitfarms is trying to catch a rally in BTC.

Bro!!! You mad?It's going sub dollarAnd soon multipennies
It's under investigation fraud as we speak with a class action suit!
Get out while you canAt least take $10k instead of $1k or less

BitFarms Earning come out tomorrow, March 20.

Anyone have an idea of what the stock might do?

BITF is probably the MOST under appreciated miner in the group. So it would not surprise me to see a rally in the PPS.

They have 15 Data Centers and they have been looking for HPC clients. Maybe they have secured one or more tenets.

Also they previously had equipment problems with their miners which knocked their BTC rate down. I understand those problem have been solved.

I own 8500 shares and I recently added 3500 at the 52 week low.

I considered selling some Call options on my position but the commission on the sale is extremely high, About 30% of the proceeds.

I am curious where all of shares recently sold were coming from. Could RIOT be dumping their position?

Good Luck to All Longs!

Better opportunity elsewhere

Are you eyeing or are you buying chief?

BITF, new 52 week low

Dang!!! Y'all got done. Should have listened to me, save your life savings

Ouchy yo! When will you throw in the towel and sell your bag? 

I see bankruptcy soon

BITF, new 52 week low

$1.25
Ouch to your holdings 

Hey how are you how's it going?

Checking in on you and your "progress" 
How's it going? LOLOLOLOL

LOL

Bitfarms is acquiring Stronghold Digital very soon during Q1.

Very quiet for a long time now. Wouldn't surprise me to see RIOT up their offer. Sector needs consolidation and I don't think they'll let this miner slip through their hands.

I buying boatload on the open to flip flop 
Could be fun at these incredibly low levels

Nice and low debt. Great to hear.

Bought some significant position here. 
For sh!ts and giggles.
Make no mistake - got my finger on the sell button just incase 

Bitfarms Ltd. $BITF Total Debt (mrq) $23.95M

Any price/action projections?

It's Christmas time. Try to be nice for a few days.

BITF, bouncin' daily chart, good volume >>> https://stockcharts.com/h-sc/ui

Improving Fundamentals >>> https://www.barrons.com/market-data/stocks/bitf/research-ratings?mod=quotes#subnav

way past that now...hmmm, interesting @1.60/61. r u n?☺️

1.53 1-yr low, closer now vs. 3.91 high, hmmm......100% BUY 9 Analysts' rating.

Terrible move
This is dollar bound yo

Thanks for buying my good times at $2.50s 
Maybe I'll revisit when this is back down to 50 cents :)

Feeling piggish yet or does this need to drop another $1 ? Looool

LOOOL
How BITF working out for you?

A bit piggish these days!

Did you get some 

Buy low, Sell high... Well, for BITF, sell Mid-Range. LOL
Just jumped back in and bought all the way down at an average of $1.83

What a POS 💩💩💩💩

BITF.................https://stockcharts.com/h-sc/ui?s=BITF&p=W&b=5&g=0&id=p86431144783

I want some < $1.90 if opportunity arises. Made nice bank on several crypto miners. Thanks DJT

Told you this was trash. Sell and move to MARA

Every other miners up 1-2-300% in last 3 mo this god dam pos , just my luck again
Im still gonna ride this out got no choice

again? lol thats you, Im happily banging out monthly dividends while watching my Bitcoin grow

hey Mr.
you getting rich again..
BITF