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Bitfarms Ltd (BITF) Stock Fundamental Analysis & AI Rating 2026

BITF Nasdaq Finance Services A6 CIK: 0001812477
Updated This Month • Analysis: Mar 21, 2026 • SEC Data: 2026-03-21
Combined AI Rating
SELL
46% Confidence
STRONG AGREEMENT
SELL
15% Conf
SELL
78% Conf

📊 BITF Key Takeaways

Revenue: N/A
Net Margin: N/A
Free Cash Flow: N/A
Current Ratio: N/A
Debt/Equity: N/A
EPS: $0.00
AI Rating: SELL with 15% confidence
Bitfarms Ltd (BITF) receives a SELL rating with 46% confidence from our AI fundamental analysis based on SEC 10-K filings. Below is our complete BITF stock analysis for 2026.

Is Bitfarms Ltd (BITF) a Good Investment?

Claude

Unable to conduct meaningful fundamental analysis due to complete absence of financial data. The company appears to have no reported revenue, profitability metrics, or balance sheet information available in SEC filings. Without core financial metrics, it is impossible to assess operational performance, financial health, or growth quality.

ChatGPT

Bitfarms is showing strong top-line growth and better operating efficiency in continuing operations, with revenue up to $179.1 million for the first nine months of 2025 and gross loss narrowing sharply versus 2024. However, the business still has not reached durable profitability, total net loss widened to $143.4 million, and operating cash flow remained deeply negative at $(152.9) million, which weakens the quality of that growth despite solid liquidity.

Why Buy Bitfarms Ltd Stock? BITF Key Strengths

Claude
  • + Company is registered with SEC and maintains public filing status
  • + Listed on Nasdaq exchange indicating some regulatory compliance
  • + Operates in Finance Services sector (though actual business model unclear)
ChatGPT
  • + Revenue growth in continuing operations was strong, rising 87% year over year in the first nine months of 2025.
  • + Liquidity is currently solid, with $86.9 million of cash, $25.0 million of restricted cash, and $257.7 million of working capital as of September 30, 2025.
  • + Balance-sheet equity remains substantial at $611.4 million, giving the company room to fund expansion and absorb volatility.

BITF Stock Risks: Bitfarms Ltd Investment Risks

Claude
  • ! No revenue or income data available - fundamental business performance cannot be assessed
  • ! No balance sheet data - financial position and liquidity unknown
  • ! No cash flow information - sustainability of operations cannot be evaluated
  • ! Minimal data quality (only 1 metric available) suggests potential reporting deficiency or non-operating status
  • ! Zero insider trading activity in past 90 days suggests lack of management confidence or activity
  • ! Cryptocurrency mining company (Bitfarms) in highly volatile, capital-intensive industry with regulatory uncertainty
ChatGPT
  • ! The company remains structurally unprofitable, with negative gross margin, negative operating margin, and large net losses even after scale expansion.
  • ! Cash generation is weak, with operating cash outflow of $(152.9) million in the first nine months of 2025, indicating growth is not yet translating into self-funded operations.
  • ! Execution and transition risk is elevated due to discontinued operations, asset sales, the Argentina shutdown, and a capital-intensive pivot toward HPC/AI infrastructure.

Key Metrics to Watch

Claude
  • * Revenue and gross profit when data becomes available
  • * Operating cash flow and free cash flow generation
  • * Balance sheet strength including cash reserves and debt levels
  • * Bitcoin production metrics and mining efficiency (hash rate, power consumption)
  • * Regulatory developments affecting cryptocurrency mining operations
ChatGPT
  • * Sustained gross margin and operating margin improvement in continuing operations
  • * Operating cash flow trend versus capital commitments and debt growth

Bitfarms Ltd (BITF) Financial Metrics & Key Ratios

Revenue
N/A
Net Income
N/A
EPS (Diluted)
$0.00
Free Cash Flow
N/A
Total Assets
N/A
Cash Position
N/A

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

BITF Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin N/A
Net Margin N/A
ROE N/A
ROA N/A
FCF Margin N/A

BITF vs Finance Sector: How Bitfarms Ltd Compares

How Bitfarms Ltd compares to Finance sector averages

Net Margin
BITF 0.0%
vs
Sector Avg 25.0%
BITF Sector
ROE
BITF 0.0%
vs
Sector Avg 12.0%
BITF Sector
Current Ratio
BITF 0.0x
vs
Sector Avg 1.2x
BITF Sector
Debt/Equity
BITF 0.0x
vs
Sector Avg 2.0x
BITF Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Bitfarms Ltd Stock Overvalued? BITF Valuation Analysis 2026

Based on fundamental analysis, Bitfarms Ltd has mixed fundamental signals relative to the Finance sector in 2026.

Return on Equity
N/A
Sector avg: 12%
Net Profit Margin
N/A
Sector avg: 25%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Bitfarms Ltd Balance Sheet: BITF Debt, Cash & Liquidity

Current Ratio
N/A
Quick Ratio
N/A
Debt/Equity
N/A
Debt/Assets
0.0%
Interest Coverage
N/A
Long-term Debt
N/A

BITF Revenue & Earnings Growth: 5-Year Financial Trend

BITF 5-year financial data: Year 2025: Revenue $229.3M, Net Income -$55.5M, EPS $-0.21.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Bitfarms Ltd's revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $-0.21 indicates the company is currently unprofitable.

BITF Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
N/A
Free cash flow / Revenue

BITF SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Bitfarms Ltd (CIK: 0001812477)

📋 Recent SEC Filings

Date Form Document Action
Apr 6, 2026 4 xslF345X06/ownership.xml View →
Apr 6, 2026 4 xslF345X06/ownership.xml View →
Apr 6, 2026 4 xslF345X06/ownership.xml View →
Apr 6, 2026 4 xslF345X06/ownership.xml View →
Apr 6, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about BITF

What is the AI rating for BITF?

Bitfarms Ltd (BITF) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (SELL) with 46% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are BITF's key strengths?

Claude: Company is registered with SEC and maintains public filing status. Listed on Nasdaq exchange indicating some regulatory compliance. ChatGPT: Revenue growth in continuing operations was strong, rising 87% year over year in the first nine months of 2025.. Liquidity is currently solid, with $86.9 million of cash, $25.0 million of restricted cash, and $257.7 million of working capital as of September 30, 2025..

What are the risks of investing in BITF?

Claude: No revenue or income data available - fundamental business performance cannot be assessed. No balance sheet data - financial position and liquidity unknown. ChatGPT: The company remains structurally unprofitable, with negative gross margin, negative operating margin, and large net losses even after scale expansion.. Cash generation is weak, with operating cash outflow of $(152.9) million in the first nine months of 2025, indicating growth is not yet translating into self-funded operations..

What is BITF's revenue and growth?

Bitfarms Ltd reported revenue of N/A.

Does BITF pay dividends?

Bitfarms Ltd does not currently pay dividends.

Where can I find BITF SEC filings?

Official SEC filings for Bitfarms Ltd (CIK: 0001812477) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is BITF's EPS?

Bitfarms Ltd has a diluted EPS of $0.00.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is BITF a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Bitfarms Ltd has a SELL rating with 46% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is BITF stock overvalued or undervalued?

Valuation metrics for BITF: ROE of N/A (sector avg: 12%), net margin of N/A (sector avg: 25%). Compare these metrics with sector averages to assess valuation.

Should I buy BITF stock in 2026?

Our dual AI analysis gives Bitfarms Ltd a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is BITF's free cash flow?

Bitfarms Ltd's operating cash flow is N/A, with capital expenditures of N/A.

How does BITF compare to other Finance stocks?

Vs Finance sector averages: Net margin N/A (avg: 25%), ROE N/A (avg: 12%), current ratio N/A (avg: 1.2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 21, 2026 | Data as of: 2026-03-21 | Powered by Claude AI