Bitfarms Ltd. Cash and Short Term Investments

Cash and Short Term Investments of BITF for past 10 years: annual, quarterly and twelve month trailing (TTM) including Cash and Short Term Investments growth rates and interactive chart. Cash and Short Term investments is the sum of two balance sheet line items: cash and equivalents and short term investments in marketable securities. Cash and short term investments are considered very liquid assets.


Highlights and Quick Summary

  • Cash and Short Term Investments for the quarter ending September 29, 2021 was $43.3 Million (a 19.47% increase compared to previous quarter)
  • Year-over-year quarterly Cash and Short Term Investments increased by 485.01%
  • Annual Cash and Short Term Investments for 2020 was $7.4 Million (a 242.57% increase from previous year)
  • Annual Cash and Short Term Investments for 2019 was $2.16 Million (a 291.12% increase from previous year)
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Historical Cash and Short Term Investments of Bitfarms Ltd.

Most recent Cash and Short Term Investmentsof BITF including historical data for past 10 years.

Interactive Chart of Cash and Short Term Investments of Bitfarms Ltd.

Bitfarms Ltd. Cash and Short Term Investments for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $43.27 $36.22 $53.03
2020 $7.4 $1.93 $1.36 $2.33 $7.4
2019 $2.16 $2.16
2018 $0.55 $0.55

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.