Bitfarms (BITF) Competitors

$4.81 +0.17 (+3.66%)

As of 05/22/2026

BITF vs. BTBT, CIFR, CLSK, COIN, and HIVE

Should you buy Bitfarms stock or one of its competitors? MarketBeat compares Bitfarms with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Bitfarms include Bit Digital (BTBT), Cipher Mining (CIFR), Cleanspark (CLSK), Coinbase Global (COIN), and HIVE Digital Technologies (HIVE).

How does Bitfarms compare to Bit Digital?

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

In the previous week, Bit Digital had 5 more articles in the media than Bitfarms. MarketBeat recorded 7 mentions for Bit Digital and 2 mentions for Bitfarms. Bitfarms' average media sentiment score of 0.00 beat Bit Digital's score of -0.04 indicating that Bitfarms is being referred to more favorably in the media.

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

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.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Bitfarms	$229.28M	12.65	-$138.65M	-$0.23	N/A
Bit Digital	$113.56M	6.12	-$80.32M	-$0.68	N/A

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

Bitfarms currently has a consensus target price of $4.14, suggesting a potential downside of 13.93%. Bit Digital has a consensus target price of $5.67, suggesting a potential upside of 184.76%. Given Bit Digital's higher possible upside, analysts plainly 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)	1 Hold rating(s)	6 Buy rating(s)	0 Strong Buy rating(s)	2.63
Bit Digital	2 Sell rating(s)	0 Hold rating(s)	2 Buy rating(s)	0 Strong Buy rating(s)	2.00

Bitfarms has a net margin of -48.26% compared to Bit Digital's net margin of -145.39%. Bitfarms' return on equity of -4.48% beat Bit Digital's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Bitfarms	-48.26%	-4.48%	-3.71%
Bit Digital	-145.39%	-8.44%	-6.24%

Bitfarms has a beta of 3.77, indicating that its stock price is 277% more volatile than the broader market. Comparatively, Bit Digital has a beta of 3.95, indicating that its stock price is 295% more volatile than the broader market.

Summary

Bitfarms beats Bit Digital on 10 of the 16 factors compared between the two stocks.

How does Bitfarms compare to Cipher Mining?

Bitfarms (NASDAQ:BITF) and Cipher Mining (NASDAQ:CIFR) are both mid-cap business services companies, but which is the superior stock? We will contrast the two businesses based on the strength of their institutional ownership, earnings, profitability, risk, analyst recommendations, valuation, dividends and media sentiment.

20.6% of Bitfarms shares are held by institutional investors. Comparatively, 12.3% of Cipher Mining shares are held by institutional investors. 9.5% of Bitfarms shares are held by insiders. Comparatively, 2.6% of Cipher Mining shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

In the previous week, Cipher Mining had 9 more articles in the media than Bitfarms. MarketBeat recorded 11 mentions for Cipher Mining and 2 mentions for Bitfarms. Cipher Mining's average media sentiment score of 0.52 beat Bitfarms' score of 0.00 indicating that Cipher Mining is being referred to more favorably in the news media.

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

Bitfarms currently has a consensus price target of $4.14, indicating a potential downside of 13.93%. Cipher Mining has a consensus price target of $27.00, indicating a potential upside of 22.89%. Given Cipher Mining's stronger consensus rating and higher probable upside, analysts plainly believe Cipher Mining is more favorable than Bitfarms.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Bitfarms	1 Sell rating(s)	1 Hold rating(s)	6 Buy rating(s)	0 Strong Buy rating(s)	2.63
Cipher Mining	1 Sell rating(s)	2 Hold rating(s)	15 Buy rating(s)	0 Strong Buy rating(s)	2.78

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Bitfarms	$229.28M	12.65	-$138.65M	-$0.23	N/A
Cipher Mining	$209.82M	42.83	-$822.24M	-$2.33	N/A

Bitfarms has a net margin of -48.26% compared to Cipher Mining's net margin of -427.79%. Bitfarms' return on equity of -4.48% beat Cipher Mining's return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Bitfarms	-48.26%	-4.48%	-3.71%
Cipher Mining	-427.79%	-117.65%	-24.68%

Bitfarms has a beta of 3.77, suggesting that its share price is 277% more volatile than the broader market. Comparatively, Cipher Mining has a beta of 3.13, suggesting that its share price is 213% more volatile than the broader market.

Summary

Bitfarms beats Cipher Mining on 9 of the 16 factors compared between the two stocks.

How does Bitfarms compare to Cleanspark?

Bitfarms (NASDAQ:BITF) and Cleanspark (NASDAQ:CLSK) are both mid-cap banking companies, but which is the superior stock? We will contrast the two companies based on the strength of their media sentiment, risk, analyst recommendations, dividends, earnings, profitability, valuation and institutional ownership.

Bitfarms has a beta of 3.77, suggesting that its share price is 277% more volatile than the broader market. Comparatively, Cleanspark has a beta of 3.71, suggesting that its share price is 271% more volatile than the broader market.

Bitfarms currently has a consensus target price of $4.14, indicating a potential downside of 13.93%. Cleanspark has a consensus target price of $20.44, indicating a potential upside of 28.00%. Given Cleanspark's stronger consensus rating and higher possible upside, analysts clearly believe Cleanspark is more favorable than Bitfarms.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Bitfarms	1 Sell rating(s)	1 Hold rating(s)	6 Buy rating(s)	0 Strong Buy rating(s)	2.63
Cleanspark	2 Sell rating(s)	0 Hold rating(s)	12 Buy rating(s)	1 Strong Buy rating(s)	2.80

20.6% of Bitfarms shares are owned by institutional investors. Comparatively, 43.1% of Cleanspark shares are owned by institutional investors. 9.5% of Bitfarms shares are owned by company insiders. Comparatively, 2.1% of Cleanspark shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Bitfarms has a net margin of -48.26% compared to Cleanspark's net margin of -67.66%. Cleanspark's return on equity of 7.07% beat Bitfarms' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Bitfarms	-48.26%	-4.48%	-3.71%
Cleanspark	-67.66%	7.07%	3.77%

In the previous week, Cleanspark had 12 more articles in the media than Bitfarms. MarketBeat recorded 14 mentions for Cleanspark and 2 mentions for Bitfarms. Cleanspark's average media sentiment score of 0.75 beat Bitfarms' score of 0.00 indicating that Cleanspark is being referred to more favorably in the news media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Bitfarms	0 Very Positive mention(s)	0 Positive mention(s)	2 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Neutral
Cleanspark	8 Very Positive mention(s)	1 Positive mention(s)	5 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Bitfarms	$229.28M	12.65	-$138.65M	-$0.23	N/A
Cleanspark	$766.31M	5.35	$364.46M	-$2.10	N/A

Summary

Cleanspark beats Bitfarms on 12 of the 17 factors compared between the two stocks.

How does Bitfarms compare to Coinbase Global?

Coinbase Global (NASDAQ:COIN) and Bitfarms (NASDAQ:BITF) are related companies, but which is the better investment? We will contrast the two companies based on the strength of their media sentiment, institutional ownership, dividends, earnings, risk, analyst recommendations, valuation and profitability.

Coinbase Global currently has a consensus price target of $252.20, suggesting a potential upside of 36.33%. Bitfarms has a consensus price target of $4.14, suggesting a potential downside of 13.93%. Given Coinbase Global's higher possible upside, equities research analysts plainly believe Coinbase Global is more favorable than Bitfarms.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Coinbase Global	4 Sell rating(s)	10 Hold rating(s)	19 Buy rating(s)	0 Strong Buy rating(s)	2.45
Bitfarms	1 Sell rating(s)	1 Hold rating(s)	6 Buy rating(s)	0 Strong Buy rating(s)	2.63

In the previous week, Coinbase Global had 53 more articles in the media than Bitfarms. MarketBeat recorded 55 mentions for Coinbase Global and 2 mentions for Bitfarms. Coinbase Global's average media sentiment score of 0.49 beat Bitfarms' score of 0.00 indicating that Coinbase Global is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Coinbase Global	26 Very Positive mention(s)	10 Positive mention(s)	11 Neutral mention(s)	3 Negative mention(s)	5 Very Negative mention(s)	Neutral
Bitfarms	0 Very Positive mention(s)	0 Positive mention(s)	2 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Neutral

Coinbase Global has a beta of 3.38, suggesting that its stock price is 238% more volatile than the broader market. Comparatively, Bitfarms has a beta of 3.77, suggesting that its stock price is 277% more volatile than the broader market.

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Coinbase Global	$7.18B	6.79	$1.26B	$2.66	69.55
Bitfarms	$229.28M	12.65	-$138.65M	-$0.23	N/A

Coinbase Global has a net margin of 12.20% compared to Bitfarms' net margin of -48.26%. Coinbase Global's return on equity of 4.06% beat Bitfarms' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Coinbase Global	12.20%	4.06%	2.05%
Bitfarms	-48.26%	-4.48%	-3.71%

68.8% of Coinbase Global shares are owned by institutional investors. Comparatively, 20.6% of Bitfarms shares are owned by institutional investors. 16.7% of Coinbase Global shares are owned by company insiders. Comparatively, 9.5% of Bitfarms shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

Coinbase Global beats Bitfarms on 13 of the 16 factors compared between the two stocks.

How does Bitfarms compare to HIVE Digital Technologies?

HIVE Digital Technologies (NASDAQ:HIVE) and Bitfarms (NASDAQ:BITF) are both banking companies, but which is the superior business? We will compare the two businesses based on the strength of their analyst recommendations, risk, media sentiment, earnings, institutional ownership, valuation, dividends and profitability.

24.4% of HIVE Digital Technologies shares are held by institutional investors. Comparatively, 20.6% of Bitfarms shares are held by institutional investors. 9.4% of HIVE Digital Technologies shares are held by company insiders. Comparatively, 9.5% of Bitfarms shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
HIVE Digital Technologies	$257.14M	4.19	-$3M	-$0.60	N/A
Bitfarms	$229.28M	12.65	-$138.65M	-$0.23	N/A

In the previous week, HIVE Digital Technologies had 4 more articles in the media than Bitfarms. MarketBeat recorded 6 mentions for HIVE Digital Technologies and 2 mentions for Bitfarms. HIVE Digital Technologies' average media sentiment score of 0.39 beat Bitfarms' score of 0.00 indicating that HIVE Digital Technologies is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
HIVE Digital Technologies	0 Very Positive mention(s)	3 Positive mention(s)	2 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Neutral
Bitfarms	0 Very Positive mention(s)	0 Positive mention(s)	2 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Neutral

HIVE Digital Technologies has a beta of 3.5, suggesting that its stock price is 250% more volatile than the broader market. Comparatively, Bitfarms has a beta of 3.77, suggesting that its stock price is 277% more volatile than the broader market.

HIVE Digital Technologies has a net margin of -47.89% compared to Bitfarms' net margin of -48.26%. Bitfarms' return on equity of -4.48% beat HIVE Digital Technologies' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
HIVE Digital Technologies	-47.89%	-19.81%	-17.54%
Bitfarms	-48.26%	-4.48%	-3.71%

HIVE Digital Technologies currently has a consensus price target of $6.34, suggesting a potential upside of 55.88%. Bitfarms has a consensus price target of $4.14, suggesting a potential downside of 13.93%. Given HIVE Digital Technologies' higher possible upside, equities research analysts plainly believe HIVE Digital Technologies is more favorable than Bitfarms.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
HIVE Digital Technologies	1 Sell rating(s)	2 Hold rating(s)	6 Buy rating(s)	0 Strong Buy rating(s)	2.56
Bitfarms	1 Sell rating(s)	1 Hold rating(s)	6 Buy rating(s)	0 Strong Buy rating(s)	2.63

Summary

HIVE Digital Technologies beats Bitfarms on 8 of the 15 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.

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.

BITF vs. The Competition

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Metric	Bitfarms	Technology Services Industry	Business Sector	NASDAQ Exchange
Market Cap	$2.90B	$3.96B	$6.56B	$12.32B
Dividend Yield	N/A	2.25%	3.02%	5.28%
P/E Ratio	-20.91	50.32	30.49	25.66
Price / Sales	12.65	44.58	422.62	111.99
Price / Cash	70.53	42.70	24.55	56.67
Price / Book	3.59	5.37	6.78	7.14
Net Income	-$138.65M	$31.26M	$204.61M	$335.98M
7 Day Performance	9.57%	3.33%	1.59%	3.56%
1 Month Performance	46.20%	-0.59%	-0.66%	2.54%
1 Year Performance	358.10%	33.37%	33.64%	35.05%

Bitfarms Competitors List

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Company	MarketRank	Share Price	Analysts' Price Target	1Y Price Performance	Market Cap	Revenue	P/E Ratio	Employee Count	Indicator(s)
BITF Bitfarms	0.3192 of 5 stars	$4.81 +3.7%	$4.14 -13.9%	+358.1%	$2.90B	$229.28M	N/A	110
BTBT Bit Digital	2.7044 of 5 stars	$1.70 -5.8%	$5.67 +233.3%	-20.4%	$555.18M	$113.56M	N/A	10
CIFR Cipher Mining	3.3313 of 5 stars	$19.12 -6.0%	$26.87 +40.5%	+533.1%	$7.82B	$223.94M	N/A	10	Insider Trade Gap Down
CLSK Cleanspark	3.1559 of 5 stars	$13.44 +2.5%	$20.44 +52.1%	+70.6%	$3.45B	$766.31M	N/A	130	Analyst Downgrade
COIN Coinbase Global	4.2129 of 5 stars	$189.44 -3.1%	$252.20 +33.1%	-29.7%	$49.91B	$6.56B	71.22	4,951	Trending News Gap Up

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This page (NASDAQ:BITF) was last updated on 5/25/2026 by MarketBeat.com Staff.

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Bitfarms (BITF) Competitors

BITF vs. BTBT, CIFR, CLSK, COIN, and HIVE

How does Bitfarms compare to Bit Digital?

Summary

How does Bitfarms compare to Cipher Mining?

Summary

How does Bitfarms compare to Cleanspark?

Summary

How does Bitfarms compare to Coinbase Global?

Summary

How does Bitfarms compare to HIVE Digital Technologies?

Summary

New MarketBeat Followers Over Time

Media Sentiment Over Time

BITF vs. The Competition

Bitfarms Competitors List

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Bitfarms (BITF) Competitors

BITF vs. BTBT, CIFR, CLSK, COIN, and HIVE

How does Bitfarms compare to Bit Digital?

Does the media refer more to BITF or BTBT?

Which has preferable earnings and valuation, BITF or BTBT?

Do insiders & institutionals have more ownership in BITF or BTBT?

Do analysts recommend BITF or BTBT?

Is BITF or BTBT more profitable?

Which has more risk & volatility, BITF or BTBT?

Summary

How does Bitfarms compare to Cipher Mining?

Do institutionals and insiders hold more shares of BITF or CIFR?

Does the media prefer BITF or CIFR?

Do analysts recommend BITF or CIFR?

Which has better earnings & valuation, BITF or CIFR?

Is BITF or CIFR more profitable?

Which has more volatility & risk, BITF or CIFR?

Summary

How does Bitfarms compare to Cleanspark?

Which has more risk & volatility, BITF or CLSK?

Do analysts rate BITF or CLSK?

Do insiders and institutionals believe in BITF or CLSK?

Is BITF or CLSK more profitable?

Does the media favor BITF or CLSK?

Which has preferable valuation and earnings, BITF or CLSK?

Summary

How does Bitfarms compare to Coinbase Global?

Do analysts recommend COIN or BITF?

Does the media refer more to COIN or BITF?

Which has more volatility and risk, COIN or BITF?

Which has stronger earnings and valuation, COIN or BITF?

Is COIN or BITF more profitable?

Do institutionals and insiders have more ownership in COIN or BITF?

Summary

How does Bitfarms compare to HIVE Digital Technologies?

Do insiders & institutionals hold more shares of HIVE or BITF?

Which has higher valuation and earnings, HIVE or BITF?

Does the media refer more to HIVE or BITF?

Which has more volatility and risk, HIVE or BITF?

Is HIVE or BITF more profitable?

Do analysts rate HIVE or BITF?

Summary

New MarketBeat Followers Over Time

Media Sentiment Over Time

BITF vs. The Competition

Bitfarms Competitors List

Related Companies and Tools

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools