BITF vs. HUT, SII, PTS, WFC, VBNK, WED, ML, GRN, CARE, and HIVE
Should you be buying Bitfarms stock or one of its competitors? The main competitors of Bitfarms include Hut 8 (HUT), Sprott (SII), Points.com (PTS), Wall Financial (WFC), VersaBank (VBNK), Westaim (WED), Millennial Lithium (ML), Greenlane Renewables Inc. (GRN.V) (GRN), Dialogue Health Technologies (CARE), and HIVE Digital Technologies (HIVE). These companies are all part of the "banking" industry.
Bitfarms vs. Its Competitors
Hut 8 (TSE:HUT) and Bitfarms (TSE:BITF) are both financial services companies, but which is the better stock? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, earnings, risk, dividends, institutional ownership, media sentiment and profitability.
Hut 8 has a net margin of 135.55% compared to Bitfarms' net margin of -69.20%. Hut 8's return on equity of 40.91% beat Bitfarms' return on equity.
Hut 8 has a beta of 4.581835, indicating that its stock price is 358% more volatile than the S&P 500. Comparatively, Bitfarms has a beta of 4.472513, indicating that its stock price is 347% more volatile than the S&P 500.
Hut 8 has higher revenue and earnings than Bitfarms. Bitfarms is trading at a lower price-to-earnings ratio than Hut 8, indicating that it is currently the more affordable of the two stocks.
Bitfarms has a consensus target price of C$3.75, suggesting a potential upside of 115.52%. Given Bitfarms' higher possible upside, analysts plainly believe Bitfarms is more favorable than Hut 8.
35.7% of Hut 8 shares are held by institutional investors. Comparatively, 13.3% of Bitfarms shares are held by institutional investors. 60.2% of Hut 8 shares are held by insiders. Comparatively, 23.4% of Bitfarms shares are held by 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.
In the previous week, Hut 8 and Hut 8 both had 2 articles in the media. Bitfarms' average media sentiment score of 0.28 beat Hut 8's score of 0.00 indicating that Bitfarms is being referred to more favorably in the news media.
Summary
Hut 8 beats Bitfarms on 13 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.
Media Sentiment Over Time
This chart shows the average media sentiment of TSE 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.
Bitfarms Competitors List
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This page (TSE:BITF) was last updated on 9/5/2025 by MarketBeat.com Staff
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