Bitfarms Ltd
Bitfarms Ltd. operates integrated bitcoin data centers in Canada, the United States, Paraguay, and Argentina. It primarily owns and operates data centers housing computers to validate transactions on the bitcoin blockchain, as well as sells computational power used for hashing calculations for cryptocurrency mining in multiple jurisdictions. The company also provides electrician services to comme… Read more
Market Cap & Net Worth: Bitfarms Ltd (BITF)
Bitfarms Ltd (NASDAQ:BITF) has a market capitalization of $1.42 Billion ($1.42 Billion) as of March 18, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #6544 globally and #3650 in its home market, demonstrating a 12.32% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Bitfarms Ltd's stock price $2.37 by its total outstanding shares 597923486 (597.92 Million).
Bitfarms Ltd Market Cap History: 2019 to 2026
Bitfarms Ltd's market capitalization history from 2019 to 2026. Data shows growth from $228.41 Million to $1.42 Billion (15.73% CAGR).
Index Memberships
Bitfarms Ltd is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$33.39 Trillion | 0.00% | #760 of 3165 |
Weight: Bitfarms Ltd's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Bitfarms Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Bitfarms Ltd's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
4.62x
Bitfarms Ltd's market cap is 4.62 times its annual revenue
0.40x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2019 | $228.41 Million | $32.42 Million | $2.90 Million | 7.05x | 78.79x |
| 2020 | $1.14 Billion | $34.70 Million | -$16.29 Million | 32.74x | N/A |
| 2021 | $3.02 Billion | $169.49 Million | $22.13 Million | 17.82x | 136.44x |
| 2022 | $263.09 Million | $142.43 Million | -$175.64 Million | 1.85x | N/A |
| 2023 | $1.74 Billion | $146.37 Million | -$104.04 Million | 11.89x | N/A |
| 2024 | $890.91 Million | $192.88 Million | -$54.06 Million | 4.62x | N/A |
Competitor Companies of BITF by Market Capitalization
Companies near Bitfarms Ltd in the global market cap rankings as of March 18, 2026.
Key companies related to Bitfarms Ltd by market ranking:
- Goldman Sachs Group Inc (NYSE:GS): Ranked #61 globally with a market cap of $236.20 Billion USD.
- Morgan Stanley (NYSE:MS): Ranked #82 globally with a market cap of $189.65 Billion USD.
- Charles Schwab Corp (NYSE:SCHW): Ranked #109 globally with a market cap of $157.13 Billion USD.
- The Charles Schwab Corporation (MX:SCHW): Ranked #137 globally with a market cap of $136.01 Billion USD ( MX$2.80 Trillion MXN).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #61 | Goldman Sachs Group Inc | NYSE:GS | $236.20 Billion | $807.04 |
| #82 | Morgan Stanley | NYSE:MS | $189.65 Billion | $157.83 |
| #109 | Charles Schwab Corp | NYSE:SCHW | $157.13 Billion | $93.93 |
| #137 | The Charles Schwab Corporation | MX:SCHW | $136.01 Billion | MX$1675.00 |
Bitfarms Ltd Historical Marketcap From 2019 to 2026
Between 2019 and today, Bitfarms Ltd's market cap moved from $228.41 Million to $ 1.42 Billion, with a yearly change of 15.73%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $1.42 Billion | +0.85% |
| 2025 | $1.41 Billion | +57.72% |
| 2024 | $890.91 Million | -48.80% |
| 2023 | $1.74 Billion | +561.36% |
| 2022 | $263.09 Million | -91.29% |
| 2021 | $3.02 Billion | +165.79% |
| 2020 | $1.14 Billion | +397.38% |
| 2019 | $228.41 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Bitfarms Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.42 Billion USD |
| MoneyControl | $1.42 Billion USD |
| MarketWatch | $1.42 Billion USD |
| marketcap.company | $1.42 Billion USD |
| Reuters | $1.42 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.