BITF has taken off and the momentum isn’t fading. Is there a development the market’s quietly pricing in? Or is it time to re-rate the stock altogether?
In 2024 Bitcoin miners saw revenue growth, but not all gains were equal. $BTBT soared +183.96% YoY (HPC/AI contributions), while $CLSK grew +150.47% YoY (hash rate expansion). $MARA (-24.11%) & $RIOT (-14.78%) posted negative gross margins. Who's winning? 👇
After months of turmoil and a settlement with Riot Platforms, Bitfarms' stock performance remains disappointing. Is a rebound for $BITF overdue, or is the company slowly losing its position in the market? Let’s dive in!
Bitfarms' Q2 2024 results reveal a 16% revenue drop to $41.55M following the Bitcoin halving. Explore key metrics and growth strategies in this financial statement brief.
