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Bitfarms (BITF) Competitors

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$1.27 +0.04 (+3.25%)
Closing price 04:00 PM Eastern
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$1.27 +0.00 (+0.39%)
As of 05:50 PM Eastern
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BITF vs. BTBT, CLSK, COIN, HIVE, HUT, IREN, MARA, MSTR, RIOT, and BFH

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), MicroStrategy (MSTR), Riot Platforms (RIOT), and Bread Financial (BFH).

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 earnings, institutional ownership, media sentiment, risk, analyst recommendations, dividends, valuation and profitability.

Bitfarms presently has a consensus price target of $3.95, indicating a potential upside of 211.02%. Bit Digital has a consensus price target of $6.33, indicating a potential upside of 119.91%. Given Bitfarms' higher probable upside, analysts clearly believe Bitfarms is more favorable than Bit Digital.

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

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%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bitfarms$192.88M3.67-$94.78M-$0.17-7.47
Bit Digital$108.05M8.57$28.31M-$0.31-9.29

Bitfarms has a beta of 3.5, suggesting that its share price is 250% more volatile than the S&P 500. Comparatively, Bit Digital has a beta of 4.9, suggesting that its share price is 390% more volatile than the S&P 500.

In the previous week, Bit Digital had 11 more articles in the media than Bitfarms. MarketBeat recorded 33 mentions for Bit Digital and 22 mentions for Bitfarms. Bitfarms' average media sentiment score of 0.89 beat Bit Digital's score of 0.52 indicating that Bitfarms is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bitfarms
8 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive
Bit Digital
7 Very Positive mention(s)
6 Positive mention(s)
8 Neutral mention(s)
2 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 large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Summary

Bitfarms beats Bit Digital on 9 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$708.09M$2.67B$24.36B$9.73B
Dividend YieldN/A1.60%2.81%4.09%
P/E Ratio-7.4723.1728.3825.96
Price / Sales3.6736.8938.83122.97
Price / Cash6.9741.7725.8458.38
Price / Book1.076.575.926.39
Net Income-$94.78M$34.55M$197.30M$265.56M
7 Day Performance0.79%2.18%1.51%1.98%
1 Month Performance-3.79%-3.56%-1.44%1.33%
1 Year Performance-43.81%36.99%33.54%21.15%

Bitfarms Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BITF
Bitfarms
2.3005 of 5 stars
$1.27
+3.3%
$3.95
+211.0%
-48.3%$708.09M$192.88M-7.47110
BTBT
Bit Digital
2.9424 of 5 stars
$3.01
-5.6%
$6.33
+110.4%
-27.3%$963.09M$108.05M-9.7110Trending News
Analyst Revision
CLSK
Cleanspark
4.5122 of 5 stars
$9.75
-2.0%
$20.47
+110.0%
-24.8%$2.74B$631.94M11.47130
COIN
Coinbase Global
4.0638 of 5 stars
$317.55
-2.3%
$352.72
+11.1%
+45.6%$81.59B$6.56B30.713,772Trending News
Analyst Revision
HIVE
HIVE Digital Technologies
2.9913 of 5 stars
$2.22
-1.3%
$6.67
+200.3%
-29.6%$509.14M$115.28M-11.1020News Coverage
Analyst Forecast
Analyst Revision
HUT
Hut 8
2.082 of 5 stars
$23.32
-2.0%
$26.71
+14.5%
+75.3%$2.46B$162.38M0.00219Analyst Forecast
IREN
IREN
2.3233 of 5 stars
$19.69
+3.2%
$20.89
+6.1%
+125.7%$3.70B$188.76M0.00100Upcoming Earnings
MARA
Marathon Digital
3.7963 of 5 stars
$15.67
-0.5%
$24.22
+54.6%
-12.0%$5.81B$656.38M14.129Insider Trade
Short Interest ↑
MSTR
MicroStrategy
4.8169 of 5 stars
$366.32
-1.8%
$552.50
+50.8%
+138.7%$100.15B$463.46M32.251,534Trending News
RIOT
Riot Platforms
3.3021 of 5 stars
$11.33
-7.5%
$17.33
+52.9%
+46.9%$4.19B$376.66M-26.35340Options Volume
BFH
Bread Financial
3.8844 of 5 stars
$59.76
-2.8%
$64.42
+7.8%
+9.4%$2.78B$4.80B10.116,000News Coverage
Positive News

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This page (NASDAQ:BITF) was last updated on 8/22/2025 by MarketBeat.com Staff
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