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BITF

Bitfarms Ltd. · NASDAQ

Performance

+0.75%

1W

-3.24%

1M

+34.16%

3M

+29.95%

6M

-7.56%

YTD

+50.28%

1Y

Profile

Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. Bitfarms Ltd. was founded in 2017 and is based in Toronto, Canada.

Investment Analysis Report: BITF

Overview

BITF is a technology services company operating in the data processing services industry. The company has shown significant growth in market capitalization over the past three years, indicating investor interest in the stock. In this report, we will analyze BITF's financial health, earnings and revenue g...

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Technical Analysis of BITF 2024-05-31

Overview:

In the last 5 trading days, BITF stock has shown a mixed performance based on various technical indicators. The trend indicators suggest a positive momentum with increasing moving averages and MACD values. Momentum indicators indicate a slightly overbought condition but still within a bullish territory. Volatility indicators show a wid...

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