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Bitfarms (BITF) Competitors

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$1.07 0.00 (0.00%)
Closing price 07/11/2025 04:00 PM Eastern
Extended Trading
$1.08 +0.01 (+0.56%)
As of 07/11/2025 07:59 PM Eastern
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BITF vs. BTBT, CLSK, COIN, HIVE, HUT, IREN, MARA, MSTR, RIOT, and PPBI

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 Pacific Premier Bancorp (PPBI).

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 compare the two companies based on the strength of their dividends, profitability, valuation, institutional ownership, risk, earnings, media sentiment and analyst recommendations.

In the previous week, Bitfarms had 1 more articles in the media than Bit Digital. MarketBeat recorded 19 mentions for Bitfarms and 18 mentions for Bit Digital. Bit Digital's average media sentiment score of 0.66 beat Bitfarms' score of 0.46 indicating that Bit Digital is being referred to more favorably in the news media.

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

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$192.88M3.08-$105.63M-$0.19-5.63
Bit Digital$108.05M6.43$28.31M-$0.47-7.09

Bitfarms has a net margin of -40.09% compared to Bit Digital's net margin of -77.27%. Bit Digital's return on equity of -10.83% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
Bitfarms-40.09% -12.70% -11.18%
Bit Digital -77.27%-10.83%-9.19%

Bitfarms presently has a consensus target price of $4.44, suggesting a potential upside of 314.72%. Bit Digital has a consensus target price of $6.33, suggesting a potential upside of 90.19%. Given Bitfarms' higher probable upside, research 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)
4 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 beta of 3.45, suggesting that its share price is 245% more volatile than the S&P 500. Comparatively, Bit Digital has a beta of 5.25, suggesting that its share price is 425% more volatile than the S&P 500.

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, 2.3% of Bit Digital shares are held 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.

Summary

Bit Digital beats Bitfarms 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$594.88M$2.42B$15.38B$9.11B
Dividend YieldN/A1.45%2.73%4.01%
P/E Ratio-5.6330.6528.6320.26
Price / Sales3.0834.7941.8499.74
Price / Cash5.9243.4826.3457.67
Price / Book0.805.836.185.49
Net Income-$105.63M$32.23M$190.21M$250.45M
7 Day Performance3.38%2.33%0.97%4.79%
1 Month Performance22.99%6.69%3.71%7.68%
1 Year Performance-57.71%43.27%29.60%16.44%

Bitfarms Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BITF
Bitfarms
2.9043 of 5 stars
$1.07
flat
$4.44
+314.7%
-56.3%$594.88M$192.88M-5.63110Analyst Revision
Gap Up
BTBT
Bit Digital
3.0223 of 5 stars
$3.03
+15.0%
$6.33
+109.4%
-5.7%$613.08M$108.05M-6.4410Options Volume
Gap Up
High Trading Volume
CLSK
Cleanspark
3.072 of 5 stars
$12.30
-1.5%
$20.38
+65.7%
-15.4%$3.44B$378.97M-12.81130Trending News
Analyst Forecast
Analyst Revision
Gap Up
COIN
Coinbase Global
2.7066 of 5 stars
$355.58
+0.3%
$291.06
-18.1%
+80.3%$90.33B$6.56B66.593,772Trending News
Analyst Forecast
Options Volume
Analyst Revision
HIVE
HIVE Digital Technologies
2.901 of 5 stars
$2.33
+3.3%
$6.57
+182.6%
-30.5%$460.13M$115.28M-6.4620Trending News
Analyst Revision
High Trading Volume
HUT
Hut 8
2.2069 of 5 stars
$21.98
+4.3%
$25.76
+17.2%
+46.3%$2.28B$162.38M0.00219Analyst Revision
Gap Up
IREN
IREN
3.5499 of 5 stars
$16.89
+7.9%
$20.30
+20.2%
+44.9%$3.16B$188.76M0.00100Trending News
Analyst Forecast
Options Volume
Analyst Revision
Gap Up
High Trading Volume
MARA
Marathon Digital
1.752 of 5 stars
$17.72
-0.4%
$20.94
+18.2%
+0.6%$6.22B$705.06M-12.229Gap Up
MSTR
MicroStrategy
4.0311 of 5 stars
$405.46
+0.8%
$514.42
+26.9%
+219.9%$110.45B$463.46M-18.591,534Trending News
Insider Trade
Gap Up
RIOT
Riot Platforms
2.124 of 5 stars
$12.17
-0.3%
$17.35
+42.6%
+33.4%$4.35B$376.66M-9.22340News Coverage
Analyst Revision
Gap Up
PPBI
Pacific Premier Bancorp
3.7549 of 5 stars
$23.10
+2.0%
$27.25
+18.0%
-9.6%$2.24B$905.41M15.201,325Positive News

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This page (NASDAQ:BITF) was last updated on 7/12/2025 by MarketBeat.com Staff
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