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Bitfarms (BITF) Competitors

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$3.01 +0.08 (+2.73%)
Closing price 10/3/2025 04:00 PM Eastern
Extended Trading
$3.02 +0.01 (+0.33%)
As of 10/3/2025 07:59 PM Eastern
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BITF vs. BTBT, CLSK, COIN, HIVE, HUT, IREN, MARA, MSTR, RIOT, and CADE

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 Cadence Bank (CADE).

Bitfarms vs. Its Competitors

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

Bit Digital has lower revenue, but higher earnings 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
Bitfarms$192.88M8.77-$95.59M-$0.17-17.71
Bit Digital$108.05M10.41$28.31M-$0.31-11.29

Bitfarms has a beta of 3.73, meaning that its share price is 273% more volatile than the S&P 500. Comparatively, Bit Digital has a beta of 4.77, meaning that its share price is 377% more volatile than the S&P 500.

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
Bitfarms-35.09% -9.86% -8.44%
Bit Digital -52.86%-9.90%-8.36%

Bitfarms presently has a consensus target price of $3.69, indicating a potential upside of 22.51%. Bit Digital has a consensus target price of $6.33, indicating a potential upside of 80.95%. Given Bit Digital's stronger consensus rating and higher probable upside, analysts clearly believe Bit Digital is more favorable than Bitfarms.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bitfarms
1 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.67
Bit Digital
1 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.75

In the previous week, Bit Digital had 11 more articles in the media than Bitfarms. MarketBeat recorded 17 mentions for Bit Digital and 6 mentions for Bitfarms. Bitfarms' average media sentiment score of 0.79 beat Bit Digital's score of 0.59 indicating that Bitfarms is being referred to more favorably in the media.

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

20.6% of Bitfarms shares are held by institutional investors. Comparatively, 47.7% of Bit Digital shares are held by institutional investors. 9.5% of Bitfarms shares are held by insiders. Comparatively, 1.8% of Bit Digital shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Summary

Bit Digital beats Bitfarms on 10 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$1.69B$3.29B$33.49B$10.58B
Dividend YieldN/A1.61%2.84%4.69%
P/E Ratio-17.7024.8226.7626.70
Price / Sales8.7761.05745.58131.81
Price / Cash16.6550.9729.3661.31
Price / Book2.258.198.346.55
Net Income-$95.59M$27.29M$198.07M$277.50M
7 Day Performance18.50%3.14%1.71%2.41%
1 Month Performance140.80%20.30%13.51%9.30%
1 Year Performance49.01%57.19%58.96%31.22%

Bitfarms Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BITF
Bitfarms
2.2563 of 5 stars
$3.01
+2.7%
$3.69
+22.5%
+52.8%$1.69B$192.88M-17.70110News Coverage
BTBT
Bit Digital
2.761 of 5 stars
$3.14
+0.6%
$6.33
+101.7%
+4.5%$1.01B$155.09M-10.1310Options Volume
Gap Up
CLSK
Cleanspark
4.1642 of 5 stars
$13.74
+0.9%
$20.47
+49.0%
+84.1%$3.86B$631.94M16.16130Options Volume
Gap Up
COIN
Coinbase Global
3.4338 of 5 stars
$331.95
-3.1%
$356.18
+7.3%
+133.0%$85.29B$6.56B32.103,772Trending News
Analyst Forecast
Options Volume
HIVE
HIVE Digital Technologies
2.7557 of 5 stars
$3.82
+0.8%
$6.93
+81.4%
+43.5%$885.36M$115.28M-19.1020
HUT
Hut 8
2.3063 of 5 stars
$37.87
+4.5%
$29.88
-21.1%
+241.9%$4.00B$162.38M0.00219Options Volume
IREN
IREN
3.3267 of 5 stars
$41.90
+8.4%
$30.89
-26.3%
+543.6%$11.40B$501.02M71.02100Trending News
High Trading Volume
MARA
Marathon Digital
3.538 of 5 stars
$18.35
+0.3%
$24.50
+33.5%
+21.7%$6.80B$656.38M16.539Options Volume
Gap Up
MSTR
Strategy
4.826 of 5 stars
$335.93
-2.6%
$547.50
+63.0%
+115.2%$95.25B$463.46M29.571,534Trending News
Analyst Forecast
RIOT
Riot Platforms
1.6323 of 5 stars
$17.50
+0.2%
$17.33
-1.0%
+161.6%$6.47B$376.66M-40.70340News Coverage
Analyst Forecast
Insider Trade
CADE
Cadence Bank
3.9079 of 5 stars
$37.42
+0.2%
$40.40
+8.0%
+23.4%$6.82B$921.95M13.315,335Analyst Revision

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This page (NASDAQ:BITF) was last updated on 10/4/2025 by MarketBeat.com Staff
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