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Bitfarms (BITF) Competitors

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$5.59 +0.07 (+1.27%)
As of 06/12/2026

BITF vs. CIFR, RIOT, BMNR, SSB, and CORZ

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 Cipher Mining (CIFR), Riot Platforms (RIOT), BitMine Immersion Technologies (BMNR), SouthState Bank (SSB), and Core Scientific (CORZ). These companies are all part of the "banking" industry.

How does Bitfarms compare to Cipher Mining?

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

In the previous week, Cipher Mining had 12 more articles in the media than Bitfarms. MarketBeat recorded 14 mentions for Cipher Mining and 2 mentions for Bitfarms. Cipher Mining's average media sentiment score of 0.81 beat Bitfarms' score of 0.00 indicating that Cipher Mining is being referred to more favorably in the media.

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

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
Cipher Mining-427.79% -117.65% -24.68%
Bitfarms -48.26%-4.48%-3.71%

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
Cipher Mining$209.82M51.40-$822.24M-$2.33N/A
Bitfarms$229.28M14.70-$138.65M-$0.23N/A

Cipher Mining currently has a consensus target price of $27.69, indicating a potential upside of 5.00%. Bitfarms has a consensus target price of $4.14, indicating a potential downside of 25.94%. Given Cipher Mining's stronger consensus rating and higher possible upside, equities research analysts clearly believe Cipher Mining is more favorable than Bitfarms.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cipher Mining
1 Sell rating(s)
2 Hold rating(s)
15 Buy rating(s)
1 Strong Buy rating(s)
2.84
Bitfarms
1 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.63

Cipher Mining has a beta of 3.18, meaning that its share price is 218% more volatile than the broader market. Comparatively, Bitfarms has a beta of 3.77, meaning that its share price is 277% more volatile than the broader market.

12.3% of Cipher Mining shares are owned by institutional investors. Comparatively, 20.6% of Bitfarms shares are owned by institutional investors. 2.6% of Cipher Mining 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, hedge funds and endowments believe a company will outperform the market over the long term.

Summary

Bitfarms beats Cipher Mining on 9 of the 17 factors compared between the two stocks.

How does Bitfarms compare to Riot Platforms?

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

Riot Platforms has a beta of 3.84, suggesting that its share price is 284% more volatile than the broader market. Comparatively, Bitfarms has a beta of 3.77, suggesting that its share price is 277% more volatile than the broader market.

In the previous week, Riot Platforms had 4 more articles in the media than Bitfarms. MarketBeat recorded 6 mentions for Riot Platforms and 2 mentions for Bitfarms. Bitfarms' average media sentiment score of 0.00 beat Riot Platforms' score of -0.48 indicating that Bitfarms is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Riot Platforms
0 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
1 Negative mention(s)
4 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

Riot Platforms currently has a consensus price target of $24.70, indicating a potential downside of 11.35%. Bitfarms has a consensus price target of $4.14, indicating a potential downside of 25.94%. Given Riot Platforms' stronger consensus rating and higher probable upside, research analysts clearly believe Riot Platforms is more favorable than Bitfarms.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Riot Platforms
1 Sell rating(s)
2 Hold rating(s)
17 Buy rating(s)
2 Strong Buy rating(s)
2.91
Bitfarms
1 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.63

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Riot Platforms$653.27M16.13-$663.18M-$2.64N/A
Bitfarms$229.28M14.70-$138.65M-$0.23N/A

Bitfarms has a net margin of -48.26% compared to Riot Platforms' net margin of -132.76%. Bitfarms' return on equity of -4.48% beat Riot Platforms' return on equity.

Company Net Margins Return on Equity Return on Assets
Riot Platforms-132.76% -28.78% -21.50%
Bitfarms -48.26%-4.48%-3.71%

40.3% of Riot Platforms shares are owned by institutional investors. Comparatively, 20.6% of Bitfarms shares are owned by institutional investors. 6.9% of Riot Platforms shares are owned by insiders. Comparatively, 9.5% of Bitfarms shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Summary

Riot Platforms beats Bitfarms on 10 of the 17 factors compared between the two stocks.

How does Bitfarms compare to BitMine Immersion Technologies?

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

Bitfarms presently has a consensus target price of $4.14, indicating a potential downside of 25.94%. BitMine Immersion Technologies has a consensus target price of $34.50, indicating a potential upside of 95.31%. Given BitMine Immersion Technologies' stronger consensus rating and higher possible upside, analysts plainly believe BitMine Immersion 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)
6 Buy rating(s)
0 Strong Buy rating(s)
2.63
BitMine Immersion Technologies
1 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
2 Strong Buy rating(s)
2.80

In the previous week, BitMine Immersion Technologies had 13 more articles in the media than Bitfarms. MarketBeat recorded 15 mentions for BitMine Immersion Technologies and 2 mentions for Bitfarms. BitMine Immersion Technologies' average media sentiment score of 0.09 beat Bitfarms' score of 0.00 indicating that BitMine Immersion 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)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
BitMine Immersion Technologies
1 Very Positive mention(s)
4 Positive mention(s)
8 Neutral mention(s)
0 Negative mention(s)
2 Very Negative mention(s)
Neutral

BitMine Immersion Technologies has lower revenue, but higher earnings than Bitfarms. BitMine Immersion Technologies 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$229.28M14.70-$138.65M-$0.23N/A
BitMine Immersion Technologies$6.09M1,652.06$348.58M-$0.13N/A

20.6% of Bitfarms shares are owned by institutional investors. 9.5% of Bitfarms shares are owned by company insiders. Comparatively, 0.2% of BitMine Immersion Technologies shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Bitfarms has a net margin of -48.26% compared to BitMine Immersion Technologies' net margin of -51,892.77%. BitMine Immersion Technologies' return on equity of 5.59% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
Bitfarms-48.26% -4.48% -3.71%
BitMine Immersion Technologies -51,892.77%5.59%5.52%

Summary

BitMine Immersion Technologies beats Bitfarms on 10 of the 16 factors compared between the two stocks.

How does Bitfarms compare to SouthState Bank?

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

In the previous week, SouthState Bank had 8 more articles in the media than Bitfarms. MarketBeat recorded 10 mentions for SouthState Bank and 2 mentions for Bitfarms. SouthState Bank's average media sentiment score of 1.27 beat Bitfarms' score of 0.00 indicating that SouthState Bank is being referred to more favorably in the media.

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

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SouthState Bank$3.76B2.56$798.67M$9.2710.62
Bitfarms$229.28M14.70-$138.65M-$0.23N/A

SouthState Bank has a beta of 0.7, indicating that its stock price is 30% less volatile than the broader market. Comparatively, Bitfarms has a beta of 3.77, indicating that its stock price is 277% more volatile than the broader market.

89.8% of SouthState Bank shares are owned by institutional investors. Comparatively, 20.6% of Bitfarms shares are owned by institutional investors. 1.7% of SouthState Bank shares are owned by company insiders. Comparatively, 9.5% of Bitfarms shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

SouthState Bank has a net margin of 24.75% compared to Bitfarms' net margin of -48.26%. SouthState Bank's return on equity of 10.81% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
SouthState Bank24.75% 10.81% 1.45%
Bitfarms -48.26%-4.48%-3.71%

SouthState Bank presently has a consensus price target of $118.62, indicating a potential upside of 20.53%. Bitfarms has a consensus price target of $4.14, indicating a potential downside of 25.94%. Given SouthState Bank's stronger consensus rating and higher probable upside, research analysts clearly believe SouthState Bank is more favorable than Bitfarms.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SouthState Bank
0 Sell rating(s)
1 Hold rating(s)
12 Buy rating(s)
1 Strong Buy rating(s)
3.00
Bitfarms
1 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.63

Summary

SouthState Bank beats Bitfarms on 14 of the 17 factors compared between the two stocks.

How does Bitfarms compare to Core Scientific?

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

Bitfarms has a beta of 3.77, meaning that its stock price is 277% more volatile than the broader market. Comparatively, Core Scientific has a beta of 5.49, meaning that its stock price is 449% more volatile than the broader market.

In the previous week, Core Scientific had 8 more articles in the media than Bitfarms. MarketBeat recorded 10 mentions for Core Scientific and 2 mentions for Bitfarms. Core Scientific's average media sentiment score of 0.89 beat Bitfarms' score of 0.00 indicating that Core Scientific 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
Core Scientific
3 Very Positive mention(s)
3 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Bitfarms has a net margin of -48.26% compared to Core Scientific's net margin of -342.42%. Core Scientific's return on equity of 0.00% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
Bitfarms-48.26% -4.48% -3.71%
Core Scientific -342.42%N/A -50.92%

Bitfarms has higher earnings, but lower revenue than Core Scientific. Core Scientific 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$229.28M14.70-$138.65M-$0.23N/A
Core Scientific$319.02M28.18-$288.62M-$1.14N/A

Bitfarms currently has a consensus target price of $4.14, indicating a potential downside of 25.94%. Core Scientific has a consensus target price of $29.49, indicating a potential upside of 4.25%. Given Core Scientific's stronger consensus rating and higher probable upside, analysts clearly believe Core Scientific 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
Core Scientific
2 Sell rating(s)
3 Hold rating(s)
15 Buy rating(s)
1 Strong Buy rating(s)
2.71

20.6% of Bitfarms shares are owned by institutional investors. 9.5% of Bitfarms shares are owned by company insiders. Comparatively, 1.7% of Core Scientific shares are owned by company 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

Core Scientific 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$3.37B$4.47B$6.76B$12.37B
Dividend YieldN/A2.12%3.11%5.66%
P/E Ratio-24.3045.6529.5324.71
Price / Sales14.7051.14402.07165.59
Price / Cash70.5339.1123.1137.92
Price / Book4.174.765.796.85
Net Income-$138.65M$31.79M$203.78M$337.45M
7 Day Performance8.97%1.77%1.55%2.70%
1 Month Performance21.26%1.32%3.25%4.60%
1 Year Performance566.67%30.37%38.09%32.81%

Bitfarms Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BITF
Bitfarms
0.2287 of 5 stars
$5.59
+1.3%
$4.14
-25.9%
+566.7%$3.37B$229.28MN/A110
CIFR
Cipher Mining
3.0699 of 5 stars
$24.29
+8.2%
$27.69
+14.0%
+558.6%$9.94B$223.94MN/A10
RIOT
Riot Platforms
1.6794 of 5 stars
$25.69
+4.2%
$24.70
-3.9%
+173.8%$9.71B$647.43MN/A340
BMNR
BitMine Immersion Technologies
4.3738 of 5 stars
$16.88
+6.2%
$34.50
+104.4%
N/A$9.61B$6.09MN/AN/A
SSB
SouthState Bank
4.9432 of 5 stars
$94.82
-0.5%
$118.62
+25.1%
N/A$9.26B$3.76B10.236,190

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This page (NASDAQ:BITF) was last updated on 6/15/2026 by MarketBeat.com Staff.
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