Bitfarms Ltd. Total Assets

Total Assets of BITF for past 10 years: annual, quarterly and twelve month trailing (TTM) including Total Assets growth rates and interactive chart. Total assets are the sum of all current and noncurrent assets and must equal the sum of total liabilities and stockholders' equity combined. In the accounting industry, assets are defined as anything that a business owns, has value, and can be converted to cash.

Highlights and Quick Summary

  • Total Assets for the quarter ending September 29, 2021 was $322 Million (a 39.44% increase compared to previous quarter)
  • Year-over-year quarterly Total Assets increased by 523.61%
  • Annual Total Assets for 2020 was $51.7 Million (a -2.18% decrease from previous year)
  • Annual Total Assets for 2019 was $52.9 Million (a 101.49% increase from previous year)
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Historical Total Assets of Bitfarms Ltd.

Most recent Total Assetsof BITF including historical data for past 10 years.

Interactive Chart of Total Assets of Bitfarms Ltd.

Bitfarms Ltd. Total Assets for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $322.43 $231.22 $164.0
2020 $51.7 $45.93 $47.65 $50.65 $51.7
2019 $52.86 $0.0 $0.0 $0.0 $52.86
2018 $26.23 $26.23

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.