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Bitfarms (BITF) Competitors

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$2.23 +0.19 (+9.31%)
Closing price 09/12/2025 04:00 PM Eastern
Extended Trading
$2.38 +0.15 (+6.50%)
As of 09/12/2025 07:59 PM Eastern
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BITF vs. BTBT, CLSK, COIN, HIVE, HUT, IREN, MARA, MSTR, RIOT, and PGY

Should you be buying Bitfarms stock or one of its competitors? The main competitors of Bitfarms include Bit Digital (BTBT), Cleanspark (CLSK), Coinbase Global (COIN), HIVE Digital Technologies (HIVE), Hut 8 (HUT), IREN (IREN), Marathon Digital (MARA), Strategy (MSTR), Riot Platforms (RIOT), and Pagaya Technologies (PGY).

Bitfarms vs. Its Competitors

Bit Digital (NASDAQ:BTBT) and Bitfarms (NASDAQ:BITF) are both small-cap business services companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, earnings, dividends, media sentiment, profitability, risk, institutional ownership and analyst recommendations.

In the previous week, Bit Digital had 8 more articles in the media than Bitfarms. MarketBeat recorded 15 mentions for Bit Digital and 7 mentions for Bitfarms. Bit Digital's average media sentiment score of 0.78 beat Bitfarms' score of 0.77 indicating that Bit Digital is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bit Digital
5 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Bitfarms
3 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Bit Digital has a beta of 4.77, indicating that its share price is 377% more volatile than the S&P 500. Comparatively, Bitfarms has a beta of 3.5, indicating that its share price is 250% more volatile than the S&P 500.

47.7% of Bit Digital shares are owned by institutional investors. Comparatively, 20.6% of Bitfarms shares are owned by institutional investors. 1.8% of Bit Digital shares are owned by company insiders. Comparatively, 9.5% of Bitfarms shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Bit Digital presently has a consensus price target of $6.33, suggesting a potential upside of 113.24%. Bitfarms has a consensus price target of $3.95, suggesting a potential upside of 77.13%. Given Bit Digital's stronger consensus rating and higher possible upside, equities research analysts plainly believe Bit Digital is more favorable than Bitfarms.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bit Digital
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
3.33
Bitfarms
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
3.00

Bitfarms has a net margin of -35.09% compared to Bit Digital's net margin of -52.86%. Bitfarms' return on equity of -9.86% beat Bit Digital's return on equity.

Company Net Margins Return on Equity Return on Assets
Bit Digital-52.86% -9.90% -8.36%
Bitfarms -35.09%-9.86%-8.44%

Bit Digital has higher earnings, but lower revenue than Bitfarms. Bitfarms is trading at a lower price-to-earnings ratio than Bit Digital, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bit Digital$108.05M8.84$28.31M-$0.31-9.58
Bitfarms$192.88M6.43-$94.55M-$0.17-13.12

Summary

Bit Digital beats Bitfarms on 11 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BITF and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BITF vs. The Competition

MetricBitfarmsTechnology Services IndustryBusiness SectorNASDAQ Exchange
Market Cap$1.13B$2.90B$26.38B$10.13B
Dividend YieldN/A1.59%2.74%4.60%
P/E Ratio-13.1224.1727.1825.93
Price / Sales6.4357.921,176.90183.79
Price / Cash11.2846.0727.3460.44
Price / Book1.667.977.766.29
Net Income-$94.55M$34.89M$199.14M$270.77M
7 Day Performance72.87%15.78%9.79%3.88%
1 Month Performance75.59%12.51%18.51%4.88%
1 Year Performance9.31%66.17%52.40%26.01%

Bitfarms Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BITF
Bitfarms
2.255 of 5 stars
$2.23
+9.3%
$3.95
+77.1%
+9.3%$1.13B$192.88M-13.12110News Coverage
Analyst Upgrade
Options Volume
Gap Up
High Trading Volume
BTBT
Bit Digital
2.913 of 5 stars
$2.51
+1.2%
$6.33
+152.3%
+6.5%$806.80M$108.05M-8.1010
CLSK
Cleanspark
4.2627 of 5 stars
$9.24
+1.8%
$20.47
+121.6%
+11.9%$2.60B$631.94M10.87130News Coverage
Insider Trade
Analyst Revision
COIN
Coinbase Global
3.762 of 5 stars
$299.07
-2.5%
$352.72
+17.9%
+98.3%$76.84B$6.56B28.923,772Trending News
HIVE
HIVE Digital Technologies
2.7453 of 5 stars
$2.66
-1.8%
$6.93
+160.5%
+26.2%$612.55M$115.28M-13.3020Options Volume
Gap Up
HUT
Hut 8
1.587 of 5 stars
$25.38
-0.9%
$26.94
+6.2%
+197.9%$2.68B$162.38M0.00219News Coverage
Positive News
Analyst Forecast
IREN
IREN
3.272 of 5 stars
$26.15
+0.1%
$30.44
+16.4%
+359.5%$4.91B$501.02M44.32100Trending News
Analyst Forecast
Insider Trade
MARA
Marathon Digital
3.6324 of 5 stars
$15.19
+0.5%
$24.50
+61.3%
+3.2%$5.63B$656.38M13.689Insider Trade
MSTR
Strategy
4.6651 of 5 stars
$335.87
+2.5%
$552.50
+64.5%
+153.5%$95.24B$463.46M29.571,534Trending News
RIOT
Riot Platforms
1.496 of 5 stars
$13.29
+1.0%
$17.33
+30.4%
+126.0%$4.91B$376.66M-30.91340Insider Trade
Options Volume
PGY
Pagaya Technologies
2.4198 of 5 stars
$37.26
+0.2%
$34.33
-7.9%
+226.2%$2.85B$1.03B-9.73800Insider Trade

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This page (NASDAQ:BITF) was last updated on 9/13/2025 by MarketBeat.com Staff
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