Highlights and Quick Summary
- Long-term assets (Other) for the quarter ending June 29, 2021 was $74.5 Million (a 226.3% increase compared to previous quarter)
- Year-over-year quarterly Long-term assets (Other) increased by 6907.62%
- Annual Long-term assets (Other) for 2020 was $973 Thousand (a -15.24% decrease from previous year)
- Annual Long-term assets (Other) for 2019 was $1.15 Million (a 8.0% increase from previous year)
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Historical Long-term assets (Other) of Bitfarms Ltd.
Most recent Long-term assets (Other)of BITF including historical data for past 10 years.Interactive Chart of Long-term assets (Other) of Bitfarms Ltd.
Bitfarms Ltd. Long-term assets (Other) for the past 10 Years (both Annual and Quarterly)
(All values are in $ million)
| Year | Q1 | Q2 | Q3 | Q4 | Fiscal Year |
|---|---|---|---|---|---|
| 2021 | $74.49 | $22.83 | – | – | – |
| 2020 | $0.97 | $1.06 | $1.03 | $1.39 | $0.97 |
| 2019 | – | – | – | $1.15 | $1.15 |
| 2018 | $1.06 | – | – | – | $1.06 |
Business Profile of Bitfarms Ltd.
Sector: Financial Services
Industry: Capital Markets
Bitfarms Ltd., a blockchain infrastructure company, mines for cryptocurrency coins and tokens in North America. The company owns and operates server farms comprising computers that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. It also provides electrician services to commercial and residential customers in Quebec, Canada. It also provides hosting of third-party mining hardware. The company was founded in 2017 and is headquartered in Toronto, Canada.