Bitfarms
Software Developmentquebec, Canada51-200 Employees
Global vertically integrated #Bitcoin mining and data center operation. Where Growth Meets Efficiency. NASDAQ 🇺🇸 - TSX 🇨🇦: BITF
Insights
Expansion into U.S. Bitfarms Ltd is strategically expanding its operating footprint in the U.S., with plans to develop a 120 MW site in Sharon, Pennsylvania by January 1st, 2025. This expansion presents an opportunity for partnerships and service offerings in the growing Bitcoin mining sector.
Strategic Acquisitions Recent acquisition of Stronghold Digital Mining Inc for $125 million indicates Bitfarms' focus on growth and market consolidation. Leveraging this acquisition, there are opportunities for cross-selling mining solutions and technologies to enhance the overall Bitcoin mining efficiency.
Key Personnel Appointments The appointment of executive leaders such as a Chief Operating Officer, Chief Infrastructure Officer, U.S. General Counsel, and new Board of Directors members showcases Bitfarms' commitment to strengthening its management team. Engaging with these key personnel opens doors for offering specialized services and solutions tailored to their strategic directions.
Technology Stack Bitfarms utilizes a robust tech stack including blockchain, Microsoft Dynamics, and VMware, indicating a focus on cutting-edge technologies. Understanding their technology requirements can lead to opportunities in providing tailored software solutions, consultancy services, and tech integrations.
Competitive Landscape Comparing Bitfarms to similar companies like Diginex, Core Scientific, and Argo Blockchain provides insights into market positioning and potential niches for differentiated offerings. Analyzing the competition can help in crafting unique value propositions to win over customers from these competitors.
Similar companies to Bitfarms
Diginex
51
$10M$50MDMG Blockchain Solutions
28$10MCore Scientific
230$10M$50MBitfury
501$100M$1BArgo Blockchain
51$10M$50M
Bitfarms Tech Stack
Bitfarms uses 8 technology products and services including Blockchain, Microsoft Dynamics, Vue.js, and more. Explore Bitfarms's tech stack below.
- BlockchainBlockchain
- Microsoft DynamicsEnterprise Resource Planning
- Vue.jsJavascript Frameworks
- AOSJavascript Libraries
- MicrosoftMiscellaneous
- Open GraphMiscellaneous
- VMwareVirtualisation Software
- Smart Slider 3Web Platform Extensions
Media & News
Bitfarms's Email Address Formats
Bitfarms uses at least 1 format(s):
| Bitfarms Email Formats | Percentage |
| FLast@bitfarms.com | 84% |
| Last@bitfarms.com | 8% |
| FiLast@bitfarms.com | 5% |
| FMiddleLast@bitfarms.com | 3% |
Frequently Asked Questions
Where is Bitfarms's headquarters located?
Bitfarms's main headquarters is located at 9120 Boulevard Leduc, Brossard brossard, quebec J4Y 0A5 CA. The company has employees across 5 continents, including North AmericaSouth AmericaEurope. What is Bitfarms's stock symbol?
Bitfarms is a publicly traded company; the company's stock symbol is BITF. What is Bitfarms's official website and social media links?
Bitfarms's official website is bitfarms.com and has social profiles on LinkedIn.How much revenue does Bitfarms generate?
As of August 2024, Bitfarms's annual revenue reached $15M. What is Bitfarms's NAICS code?
Bitfarms's NAICS code is 5112 - Software Publishers.How many employees does Bitfarms have currently?
As of August 2024, Bitfarms has approximately 123 employees across 5 continents, including North AmericaSouth AmericaEurope. Key team members include Chief Executive Officer And President: L. G. M.Chief Operating Officer: L. W.Chief Financial Officer: J. L.. Explore Bitfarms's employee directory with LeadIQ.What industry does Bitfarms belong to?
Bitfarms operates in the Software Development industry. What technology does Bitfarms use?
Bitfarms's tech stack includes BlockchainMicrosoft DynamicsVue.jsAOSMicrosoftOpen GraphVMwareSmart Slider 3. What is Bitfarms's email format?
Bitfarms's email format typically follows the pattern of . Find more Bitfarms email formats with LeadIQ. When was Bitfarms founded?
Bitfarms was founded in 2017.
Company Overview
- Headquarters
- 9120 Boulevard Leduc, Brossard brossard, quebec J4Y 0A5 CA
- Website
- bitfarms.com
- Stock Symbol
- BITF
- NAICS Code
- 5112 - Software Publishers
- Founded
- 2017
- Employees
- 51-200
Funding & Financials
- $10M$50M
Bitfarms's revenue is in the range of $10M$50M
Funding & Financials
- $10M$50M
Bitfarms's revenue is in the range of $10M$50M
Company Leadership
L. G. M.Chief Executive Officer And President
L. W.Chief Operating Officer
J. L.Chief Financial Officer- P. O.Vice President & Corporate Secretary
- G. R.Vice President Information Technology
Employee Directory
- B. H.Chairman Of The Board
- M. T.Executive Assistant To The Ceo, President And Cfo & Administrative Manager
- A. K. S.Vice President, Human Resources
- T. K.Svp, Head Of Investor Relations & Corporate Communications
- S. W.Global Vp Of Marketing And Communications
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