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Bitfarms (BITF) Competitors

Bitfarms logo
C$5.76 -0.26 (-4.32%)
As of 05/19/2026

BITF vs. KEY, SII, BLX, HIVE, and VBNK

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 Keyera (KEY), Sprott (SII), Boralex (BLX), HIVE Digital Technologies (HIVE), and VersaBank (VBNK). These companies are all part of the "banking" industry.

How does Bitfarms compare to Keyera?

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

Keyera has a consensus price target of C$57.29, indicating a potential downside of 1.82%. Given Keyera's stronger consensus rating and higher possible upside, analysts plainly believe Keyera is more favorable than Bitfarms.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bitfarms
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Keyera
0 Sell rating(s)
4 Hold rating(s)
10 Buy rating(s)
1 Strong Buy rating(s)
2.80

Keyera has a net margin of 2.73% compared to Bitfarms' net margin of -160.41%. Keyera's return on equity of 6.59% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
Bitfarms-160.41% -56.78% -10.66%
Keyera 2.73%6.59%6.15%

In the previous week, Keyera had 19 more articles in the media than Bitfarms. MarketBeat recorded 19 mentions for Keyera and 0 mentions for Bitfarms. Keyera's average media sentiment score of 0.39 beat Bitfarms' score of 0.00 indicating that Keyera is being referred to more favorably in the news media.

Company Overall Sentiment
Bitfarms Neutral
Keyera Neutral

Bitfarms has a beta of 3.414688, suggesting that its stock price is 241% more volatile than the broader market. Comparatively, Keyera has a beta of 0.562662, suggesting that its stock price is 44% less volatile than the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
BitfarmsC$229.28M15.15-C$110.66M-C$0.52N/A
KeyeraC$6.39B2.09C$449.23MC$0.7973.86

11.7% of Bitfarms shares are owned by institutional investors. Comparatively, 53.8% of Keyera shares are owned by institutional investors. 23.4% of Bitfarms shares are owned by company insiders. Comparatively, 0.4% of Keyera shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Summary

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

How does Bitfarms compare to Sprott?

Sprott (TSE:SII) and Bitfarms (TSE:BITF) are both mid-cap financial services companies, but which is the better stock? We will contrast the two companies based on the strength of their earnings, profitability, institutional ownership, analyst recommendations, valuation, dividends, media sentiment and risk.

Sprott currently has a consensus target price of C$211.00, indicating a potential upside of 20.89%. Given Sprott's stronger consensus rating and higher probable upside, analysts clearly believe Sprott is more favorable than Bitfarms.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Sprott
0 Sell rating(s)
2 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.60
Bitfarms
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

29.9% of Sprott shares are owned by institutional investors. Comparatively, 11.7% of Bitfarms shares are owned by institutional investors. 17.7% of Sprott shares are owned by insiders. Comparatively, 23.4% of Bitfarms shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

In the previous week, Sprott had 1 more articles in the media than Bitfarms. MarketBeat recorded 1 mentions for Sprott and 0 mentions for Bitfarms. Sprott's average media sentiment score of 0.67 beat Bitfarms' score of 0.00 indicating that Sprott is being referred to more favorably in the media.

Company Overall Sentiment
Sprott Positive
Bitfarms Neutral

Sprott has a net margin of 22.72% compared to Bitfarms' net margin of -160.41%. Sprott's return on equity of 24.26% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
Sprott22.72% 24.26% 10.25%
Bitfarms -160.41%-56.78%-10.66%

Sprott has a beta of 1.560976, indicating that its stock price is 56% more volatile than the broader market. Comparatively, Bitfarms has a beta of 3.414688, indicating that its stock price is 241% more volatile than the broader market.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SprottC$368.97M12.20C$32.26MC$3.2853.21
BitfarmsC$229.28M15.15-C$110.66M-C$0.52N/A

Summary

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

How does Bitfarms compare to Boralex?

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

Boralex has a net margin of -3.56% compared to Bitfarms' net margin of -160.41%. Boralex's return on equity of -2.08% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
Bitfarms-160.41% -56.78% -10.66%
Boralex -3.56%-2.08%2.54%

Bitfarms has a beta of 3.414688, meaning that its share price is 241% more volatile than the broader market. Comparatively, Boralex has a beta of 0.25505, meaning that its share price is 74% less volatile than the broader market.

11.7% of Bitfarms shares are owned by institutional investors. Comparatively, 45.1% of Boralex shares are owned by institutional investors. 23.4% of Bitfarms shares are owned by insiders. Comparatively, 0.2% of Boralex shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Boralex has higher revenue and earnings than Bitfarms. Boralex 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
BitfarmsC$229.28M15.15-C$110.66M-C$0.52N/A
BoralexC$898M4.22C$71.91M-C$0.31N/A

In the previous week, Boralex had 3 more articles in the media than Bitfarms. MarketBeat recorded 3 mentions for Boralex and 0 mentions for Bitfarms. Boralex's average media sentiment score of 0.39 beat Bitfarms' score of 0.00 indicating that Boralex is being referred to more favorably in the news media.

Company Overall Sentiment
Bitfarms Neutral
Boralex Neutral

Boralex has a consensus price target of C$38.47, indicating a potential upside of 4.39%. Given Boralex's stronger consensus rating and higher possible upside, analysts clearly believe Boralex is more favorable than Bitfarms.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bitfarms
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
Boralex
1 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.50

Summary

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

How does Bitfarms compare to HIVE Digital Technologies?

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

HIVE Digital Technologies has a beta of 2.339164, suggesting that its share price is 134% more volatile than the broader market. Comparatively, Bitfarms has a beta of 3.414688, suggesting that its share price is 241% more volatile than the broader market.

15.2% of HIVE Digital Technologies shares are held by institutional investors. Comparatively, 11.7% of Bitfarms shares are held by institutional investors. 0.4% of HIVE Digital Technologies shares are held by company insiders. Comparatively, 23.4% of Bitfarms shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers 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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
HIVE Digital TechnologiesC$257.14M4.04-C$13.38M-C$0.77N/A
BitfarmsC$229.28M15.15-C$110.66M-C$0.52N/A

HIVE Digital Technologies has a net margin of -28.29% compared to Bitfarms' net margin of -160.41%. HIVE Digital Technologies' return on equity of -13.39% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
HIVE Digital Technologies-28.29% -13.39% -8.78%
Bitfarms -160.41%-56.78%-10.66%

In the previous week, HIVE Digital Technologies had 3 more articles in the media than Bitfarms. MarketBeat recorded 3 mentions for HIVE Digital Technologies and 0 mentions for Bitfarms. HIVE Digital Technologies' average media sentiment score of 0.95 beat Bitfarms' score of 0.00 indicating that HIVE Digital Technologies is being referred to more favorably in the media.

Company Overall Sentiment
HIVE Digital Technologies Positive
Bitfarms Neutral

Summary

HIVE Digital Technologies beats Bitfarms on 9 of the 13 factors compared between the two stocks.

How does Bitfarms compare to VersaBank?

Bitfarms (TSE:BITF) and VersaBank (TSE:VBNK) are both financial services companies, but which is the superior stock? We will contrast the two businesses based on the strength of their institutional ownership, valuation, analyst recommendations, media sentiment, earnings, profitability, risk and dividends.

VersaBank has a consensus price target of C$19.00, indicating a potential downside of 21.23%. Given VersaBank's stronger consensus rating and higher probable upside, analysts plainly believe VersaBank is more favorable than Bitfarms.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bitfarms
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
VersaBank
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Bitfarms has a beta of 3.414688, indicating that its share price is 241% more volatile than the broader market. Comparatively, VersaBank has a beta of 1.591982, indicating that its share price is 59% more volatile than the broader market.

VersaBank has a net margin of 10.04% compared to Bitfarms' net margin of -160.41%. VersaBank's return on equity of 5.89% beat Bitfarms' return on equity.

Company Net Margins Return on Equity Return on Assets
Bitfarms-160.41% -56.78% -10.66%
VersaBank 10.04%5.89%1.10%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
BitfarmsC$229.28M15.15-C$110.66M-C$0.52N/A
VersaBankC$133.33M5.82C$49.54MC$0.9724.87

In the previous week, Bitfarms' average media sentiment score of 0.00 equaled VersaBank'saverage media sentiment score.

Company Overall Sentiment
Bitfarms Neutral
VersaBank Neutral

11.7% of Bitfarms shares are owned by institutional investors. Comparatively, 10.5% of VersaBank shares are owned by institutional investors. 23.4% of Bitfarms shares are owned by insiders. Comparatively, 38.8% of VersaBank 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.

Summary

VersaBank beats Bitfarms on 10 of the 14 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 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.
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BITF vs. The Competition

MetricBitfarmsCapital Markets IndustryFinancial SectorTSE Exchange
Market CapC$3.47BC$1.47BC$5.83BC$11.94B
Dividend YieldN/A6.19%5.25%6.23%
P/E Ratio-11.089.5615.4937.44
Price / Sales15.15180.64981.1411.35
Price / Cash4.0011.8891.7882.29
Price / Book8.303.106.554.39
Net Income-C$110.66MC$142.57MC$1.15BC$299.09M
7 Day Performance3.97%1.95%0.26%-1.29%
1 Month Performance45.45%2.70%0.86%-0.48%
1 Year Performance269.23%40.59%18.92%52.53%

Bitfarms Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BITF
Bitfarms
N/AC$5.76
-4.3%
N/A+276.3%C$3.47BC$229.28MN/A110
KEY
Keyera
1.4058 of 5 stars
C$53.25
+1.5%
C$54.08
+1.6%
+36.6%C$12.21BC$6.85B28.1717,500
SII
Sprott
2.78 of 5 stars
C$195.78
-0.8%
C$211.00
+7.8%
+120.2%C$5.05BC$368.97M59.69170
BLX
Boralex
1.2341 of 5 stars
C$36.84
+0.1%
C$38.46
+4.4%
+23.8%C$3.79BC$849M614.00180
HIVE
HIVE Digital Technologies
N/AC$4.10
flat
N/A+42.4%C$1.04BC$257.14MN/A20

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This page (TSE:BITF) was last updated on 5/20/2026 by MarketBeat.com Staff.
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