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BITF Stock Rises: What’s Fueling the Surge?

Bryce TuoheyAvatar
Written by Bryce Tuohey Reviewed by Tim Sykes Fact-checked by Matt Monaco
Updated 3/4/2025, 2:32 pm ET 3/4/2025, 2:32 pm ET | 6 min 6 min read
BITF Stock Rises: What’s Fueling the Surge? Thumbnail

Bitfarms Ltd. is experiencing a positive market reaction, driven by news of innovative energy solutions reducing operational costs. On Tuesday, Bitfarms Ltd.’s stocks have been trading up by 5.24 percent.

Insights on Recent BITF News

  • The merger between Stronghold Digital Mining and Bitfarms is gaining momentum, with Institutional Shareholder Services (ISS) and Glass Lewis encouraging stockholders to vote in favor. The anticipated merger is projected to yield cost efficiencies, providing shareholders with potential upside benefits.

Candlestick Chart

Live Update At 14:32:04 EST: On Tuesday, March 04, 2025 Bitfarms Ltd. stock [NASDAQ: BITF] is trending up by 5.24%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.

  • Bitfarms witnessed a 6% surge in operational hash rate, reaching 16.1 EH/s by the end of February 2025. Despite an 11% decline in BTC earnings per EH/s, the firm managed to earn an impressive total of 213 BTC for the month, showing flexibility in volatile market conditions.

  • Significant operational milestones were achieved with a 20% rise in average operational hash rate to 13.4 EH/s. This step forward is set to strengthen Bitfarms’ position in the cryptocurrency mining space, establishing a growth trajectory for the near term.

Financial Highlights of Bitfarms Ltd.

In the world of stock trading, especially when it involves penny stocks, risk management is a crucial skill to develop. As millionaire penny stock trader and teacher Tim Sykes says, “It’s better to go home at zero than to go home in the red.” This mindset helps traders maintain discipline, ensuring they cut their losses early instead of hoping for a market reversal. Understanding that preserving capital is key, traders can make more rational decisions without letting emotions dictate their actions. This approach fosters a long-term perspective in trading, emphasizing the importance of protecting one’s portfolio and staying solvent for future opportunities.

In examining Bitfarms Ltd.’s recent financial performance, several key metrics stand out. The earnings report reveals a revenue of $146.37M, indicating the scale at which the company operates within the volatile crypto market. This represents notable growth, yet the profit margins proved challenging, with negative figures dominating the scene—reflecting the substantial operational costs involved in their day-to-day mining operations.

The company’s operational hash rate gains have underpinned profits despite economic unpredictability. The firm’s recent achievements, such as acquiring the 200 MW Yguazu site and successful deals with North American sites, show strong management decisions that are yielding positive results. These initiatives have collectively boosted the company’s hash rate, setting the stage for increased monetization.

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Moreover, the financial reports suggest a solid cash position and efficient capital management, with a debt-equity ratio close to zero. This balance would enhance Bitfarms’ flexibility for further expansion and mergers, ensuring operation continuity even during downturns. While their profitability measures lag due to wide industry and within-company variances, the roadmap for Bitfarms remains hopeful.

Harnessing Cryptocurrency: The Bitfarms Expansion

The world of cryptocurrencies is riddled with uncertainties yet holds opportunities for visionaries like Bitfarms. The company’s decision to pursue a merger with Stronghold Digital and develop an HPC/AI business marks an aggressive growth strategy. Such a move is expected to bolster their infrastructure and elevate. This not only diversifies their portfolio but strengthens their hold in the mining sector.

Despite declining BTC earnings per EH/s, through deft infrastructure scaling and acquisitions, Bitfarms demonstrates resilience. An asset turnover rate of 0.4 indicates the company’s proficiency in utilizing their expansive assets to realize earnings. Furthermore, operational advancements serve as an indicator of the heightened technology application towards sustaining and amplifying efforts within the analytics space.

The Potential Impact of Merger on Stocks

As the merger draws ever closer, the market’s anticipation builds. Stakeholders and investors alike are seeking clarity on the potential ramifications for Bitfarms’ market value. Should the merger conclude successfully, the consolidation is expected to bring about cost savings and operational synergies. With an estimated merger cost significantly offset by anticipated operational savings, the impact on Bitfarms’ balance sheet could be tremendous.

Historically, mergers of similar nature have predominantly benefitted companies in the cryptosphere, yielding operational efficiencies and expanded scales of operation. As this case unfolds, shareholders have ample reason to look forward to a strengthened competitive position and increased market capitalization, consequently enhancing investor confidence.

Conclusion: Navigating Forward

In sum, Bitfarms is steering through a pivotal turn in its corporate journey. Through keen operational insights and strategic mergers with firms like Stronghold Digital Mining, Bitfarms is laying a solid foundation for a prosperous future. Despite current fiscal hurdles inherent in the cryptocurrency sector, Bitfarms is exhibiting flexibility and grit, navigating their growth and market prominence craftily. As millionaire penny stock trader and teacher Tim Sykes says, “You must adapt to the market; the market will not adapt to you.” Bitfarms embodies this mindset, adapting swiftly to the fluctuations of the cryptosphere.

As these developments roll out, stakeholders should remain observant, watching for the operational synergies that unfold and categorically shape Bitfarms’ standing in the cryptosphere. With anticipated market expansion and technological innovations on the horizon, Bitfarms’ potential remains expansive, a beacon for forward-thinking in a rapidly evolving digital landscape.

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This is stock news, not investment advice. Timothy Sykes News delivers real-time stock market news focused on key catalysts driving short-term price movements. Our content is tailored for active traders and investors seeking to capitalize on rapid price fluctuations, particularly in volatile sectors like penny stocks. Readers come to us for detailed coverage on earnings reports, mergers, FDA approvals, new contracts, and unusual trading volumes that can trigger significant short-term price action. Some users utilize our news to explain sudden stock movements, while others rely on it for diligent research into potential investment opportunities.

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Bryce Tuohey

Mentor and Trainer at StocksToTrade.com, Lead Mentor at Small Cap Rockets and To The Moon Report
Bryce’s first pattern was buying into strength in breakouts. But he noticed when they didn’t work, he took bigger losses. When the OTC market got hot, Bryce learned to dip buy the inevitable panics. He adapted his breakout strategy and now buys consolidation and trend breaks. His goal is to have better risk/reward and get an entry before multi-day listed breakouts.
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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”