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Bitfarms Ltd. KEEL · USD

Financials · US listing · 🇺🇸 United States

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1.87

+13.33%

Close of 6 Nov 2026, in USD

About Bitfarms Ltd.

From its filings with the US Securities and Exchange Commission

SEC filings

Bitfarms Ltd. is based in New York, New York and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker KEEL. The SEC classifies its business as finance services. In the fiscal year to 31 December 2025, it reported revenue of $229.3m and a net loss of $284.5m. At that date it held total assets of $1.30bn and shareholders' equity of $560.4m.

In its own words

Infrastructure Assets to support HPC data center operations and expect to continue such development in the coming years.

31, 2025, this line of business had not yet generated revenue. We anticipate initial data center revenue generation to begin in 2027.

March 2025 acquisition of Stronghold illustrates our power-first approach and our strategy of acquiring energy-advantaged positions.

Assets as of March 27, 2026. We intend to allocate substantially all of this capacity to HPC data centers.

Excludes operations in Argentina and Paraguay that have been discontinued or that we have agreed to divest.

AI compute facility designed in accordance with the NVIDIA GB300 NVL72 reference architecture.

Canada and the United States. None of our employees are represented by a labor union, and we have never experienced a work stoppage.

Quoted from its 10-K, filed 31 Mar 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Financials
Industry
Capital Markets
Listed since
28 Aug 2018
Employees
274
Head office
120 BROADWAY, SUITE 1075, NEW YORK, NY, 10004
Incorporated in
DE
Classification
Finance Services
Filer status
Accelerated filer

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Bitfarms Ltd. owns data centers for bitcoin blockchain transaction validation in North America.
  • Bitfarms Ltd. provides computational power for cryptocurrency mining in the United States.
  • Bitfarms Ltd. offers electrician services in Quebec, Canada, for commercial and residential customers.

Weaknesses

  • Bitfarms Ltd. has 274 employees, which may limit scalability in the Financials sector.
  • Bitfarms Ltd. is listed on 28 August 2018, which may indicate limited market experience.
  • Bitfarms Ltd. operates in the Financials sector, which is highly volatile.

Opportunities

  • Bitfarms Ltd. can expand HPC and AI workloads in North America with its data centers.
  • Bitfarms Ltd. can grow its computational power sales for cryptocurrency mining in the United States.
  • Bitfarms Ltd. can increase third-party mining hardware hosting in Canada.

Threats

  • Bitfarms Ltd. faces regulatory challenges in the Financials sector in the United States.
  • Bitfarms Ltd. encounters competition from other data center operators in North America.
  • Bitfarms Ltd. is vulnerable to cryptocurrency market fluctuations affecting its business.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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