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Bitfarms (BITF) Competitors

Bitfarms logo
$3.25 +0.16 (+5.18%)
As of 05/4/2026
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BITF vs. BTBT, CIFR, CLSK, COIN, and HIVE

Should you be buying Bitfarms stock or one of its competitors? The main competitors of 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 small-cap business services companies, but which is the better business? We will contrast the two companies based on the strength of their earnings, media sentiment, profitability, analyst recommendations, institutional ownership, dividends, valuation and risk.

Bitfarms has a net margin of -48.26% compared to Bit Digital's net margin of -70.70%. 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 -70.70%-5.39%-4.48%

Bitfarms has a beta of 3.77, indicating that its share price is 277% more volatile than the S&P 500. Comparatively, Bit Digital has a beta of 3.95, indicating that its share price is 295% more volatile than the S&P 500.

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 large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Bitfarms had 1 more articles in the media than Bit Digital. MarketBeat recorded 3 mentions for Bitfarms and 2 mentions for Bit Digital. Bitfarms' average media sentiment score of 0.18 beat Bit Digital's score of 0.00 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)
2 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Bit Digital
0 Very Positive mention(s)
0 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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bitfarms$229.28M8.55-$138.65M-$0.23N/A
Bit Digital$113.56M5.15-$80.32M-$0.55N/A

Bitfarms currently has a consensus price target of $4.14, indicating a potential upside of 27.38%. Bit Digital has a consensus price target of $5.67, indicating a potential upside of 216.57%. Given Bit Digital's higher possible 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)
1 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.67
Bit Digital
2 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.00

Summary

Bitfarms beats Bit Digital on 11 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 business services companies, but which is the better business? We will contrast the two companies based on the strength of their earnings, media sentiment, profitability, analyst recommendations, institutional ownership, dividends, valuation and risk.

Bitfarms currently has a consensus price target of $4.14, indicating a potential upside of 27.38%. Cipher Mining has a consensus price target of $25.00, indicating a potential upside of 13.12%. Given Bitfarms' higher possible upside, equities research analysts clearly believe Bitfarms is more favorable than Cipher Mining.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bitfarms
1 Sell rating(s)
1 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.67
Cipher Mining
1 Sell rating(s)
2 Hold rating(s)
14 Buy rating(s)
0 Strong Buy rating(s)
2.76

Bitfarms has a net margin of -48.26% compared to Cipher Mining's net margin of -367.17%. 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 -367.17%-107.05%-36.28%

Bitfarms has a beta of 3.77, indicating that its share price is 277% more volatile than the S&P 500. Comparatively, Cipher Mining has a beta of 3.13, indicating that its share price is 213% more volatile than the S&P 500.

In the previous week, Cipher Mining had 8 more articles in the media than Bitfarms. MarketBeat recorded 11 mentions for Cipher Mining and 3 mentions for Bitfarms. Bitfarms' average media sentiment score of 0.18 beat Cipher Mining's score of 0.18 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)
2 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Cipher Mining
3 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Neutral

20.6% of Bitfarms shares are owned by institutional investors. Comparatively, 12.3% of Cipher Mining shares are owned by institutional investors. 9.5% of Bitfarms shares are owned by insiders. Comparatively, 2.6% of Cipher Mining shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bitfarms$229.28M8.55-$138.65M-$0.23N/A
Cipher Mining$223.94M40.06-$822.24M-$2.16N/A

Summary

Bitfarms beats Cipher Mining on 11 of the 16 factors compared between the two stocks.

How does Bitfarms compare to Cleanspark?

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

Bitfarms presently has a consensus price target of $4.14, indicating a potential upside of 27.38%. Cleanspark has a consensus price target of $20.29, indicating a potential upside of 51.29%. Given Cleanspark's stronger consensus rating and higher probable 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)
7 Buy rating(s)
0 Strong Buy rating(s)
2.67
Cleanspark
1 Sell rating(s)
1 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
2.87

Cleanspark has a net margin of -33.24% compared to Bitfarms' net margin of -48.26%. Cleanspark's return on equity of 11.74% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
Bitfarms-48.26% -4.48% -3.71%
Cleanspark -33.24%11.74%7.27%

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 large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bitfarms$229.28M8.55-$138.65M-$0.23N/A
Cleanspark$785.19M4.37$364.46M-$1.07N/A

In the previous week, Cleanspark had 10 more articles in the media than Bitfarms. MarketBeat recorded 13 mentions for Cleanspark and 3 mentions for Bitfarms. Cleanspark's average media sentiment score of 0.55 beat Bitfarms' score of 0.18 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)
2 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Cleanspark
4 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Bitfarms has a beta of 3.77, indicating that its share price is 277% more volatile than the S&P 500. Comparatively, Cleanspark has a beta of 3.71, indicating that its share price is 271% more volatile than the S&P 500.

Summary

Cleanspark beats Bitfarms on 13 of the 17 factors compared between the two stocks.

How does Bitfarms compare to Coinbase Global?

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

Coinbase Global has a net margin of 17.55% compared to Bitfarms' net margin of -48.26%. Coinbase Global's return on equity of 8.68% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
Bitfarms-48.26% -4.48% -3.71%
Coinbase Global 17.55%8.68%4.36%

Bitfarms presently has a consensus price target of $4.14, indicating a potential upside of 27.38%. Coinbase Global has a consensus price target of $262.07, indicating a potential upside of 32.53%. Given Coinbase Global's higher probable upside, analysts clearly believe Coinbase Global 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)
7 Buy rating(s)
0 Strong Buy rating(s)
2.67
Coinbase Global
3 Sell rating(s)
11 Hold rating(s)
19 Buy rating(s)
0 Strong Buy rating(s)
2.48

Bitfarms has a beta of 3.77, indicating that its share price is 277% more volatile than the S&P 500. Comparatively, Coinbase Global has a beta of 3.38, indicating that its share price is 238% more volatile than the S&P 500.

20.6% of Bitfarms shares are owned by institutional investors. Comparatively, 68.8% of Coinbase Global shares are owned by institutional investors. 9.5% of Bitfarms shares are owned by company insiders. Comparatively, 16.7% of Coinbase Global shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.

In the previous week, Coinbase Global had 87 more articles in the media than Bitfarms. MarketBeat recorded 90 mentions for Coinbase Global and 3 mentions for Bitfarms. Coinbase Global's average media sentiment score of 0.56 beat Bitfarms' score of 0.18 indicating that Coinbase Global 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)
2 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Coinbase Global
33 Very Positive mention(s)
8 Positive mention(s)
12 Neutral mention(s)
26 Negative mention(s)
10 Very Negative mention(s)
Positive

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bitfarms$229.28M8.55-$138.65M-$0.23N/A
Coinbase Global$7.18B7.27$1.26B$4.3945.05

Summary

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

How does Bitfarms compare to HIVE Digital Technologies?

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

Bitfarms has a beta of 3.77, indicating that its share price is 277% more volatile than the S&P 500. Comparatively, HIVE Digital Technologies has a beta of 3.5, indicating that its share price is 250% more volatile than the S&P 500.

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
Bitfarms-48.26% -4.48% -3.71%
HIVE Digital Technologies -47.89%-19.81%-17.54%

Bitfarms presently has a consensus price target of $4.14, indicating a potential upside of 27.38%. HIVE Digital Technologies has a consensus price target of $6.17, indicating a potential upside of 117.14%. Given HIVE Digital Technologies' higher possible upside, analysts plainly believe HIVE Digital Technologies 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)
7 Buy rating(s)
0 Strong Buy rating(s)
2.67
HIVE Digital Technologies
1 Sell rating(s)
2 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.56

In the previous week, Bitfarms had 1 more articles in the media than HIVE Digital Technologies. MarketBeat recorded 3 mentions for Bitfarms and 2 mentions for HIVE Digital Technologies. HIVE Digital Technologies' average media sentiment score of 0.67 beat Bitfarms' score of 0.18 indicating that HIVE Digital Technologies 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)
2 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
HIVE Digital Technologies
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

HIVE Digital Technologies has lower revenue, but higher 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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bitfarms$229.28M8.55-$138.65M-$0.23N/A
HIVE Digital Technologies$115.28M6.46-$3M-$0.60N/A

20.6% of Bitfarms shares are owned by institutional investors. Comparatively, 24.4% of HIVE Digital Technologies shares are owned by institutional investors. 9.5% of Bitfarms shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Summary

Bitfarms beats HIVE Digital Technologies on 10 of the 16 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

Export
MetricBitfarmsTechnology Services IndustryBusiness SectorNASDAQ Exchange
Market Cap$1.96B$3.84B$6.44B$11.87B
Dividend YieldN/A2.04%3.03%5.21%
P/E Ratio-14.1341.3025.8528.47
Price / Sales8.5547.96430.7360.94
Price / Cash70.5340.3622.9236.52
Price / Book2.435.656.076.67
Net Income-$138.65M$29.84M$200.90M$332.53M
7 Day Performance3.50%2.92%1.27%2.01%
1 Month Performance64.14%12.18%7.46%9.20%
1 Year Performance235.74%40.52%56.26%39.59%

Bitfarms Competitors List

Export
CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BITF
Bitfarms
1.7201 of 5 stars		$3.25
+5.2%		$4.14
+27.4%		N/A$1.96B$229.28MN/A110
BTBT
Bit Digital
2.4168 of 5 stars		$1.56
-3.7%		$5.67
+263.2%		N/A$509.47M$113.56MN/A10
CIFR
Cipher Mining
2.223 of 5 stars		$18.16
-0.2%		$25.00
+37.7%		N/A$7.37B$223.94MN/A10
CLSK
Cleanspark
3.2814 of 5 stars		$12.25
-4.0%		$20.37
+66.2%		N/A$3.13B$766.31MN/A130
COIN
Coinbase Global
4.2465 of 5 stars		$196.73
-1.5%		$262.07
+33.2%		N/A$51.95B$7.18B44.814,951

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