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Public Companies

Bitfarms

🇺🇸 United StatesBITFNASDAQ

BTC Holdings

Bitfarms held BTC since December 2021.

BTC Holdings
1,166
$104.54M

Key Metrics

Market Cap
$740.5M
mNAV
7.08×
Volume (30d)
$702.9M

About Bitfarms

Bitfarms Ltd. is a Canadian Bitcoin mining company established in 2017 and based in Toronto. It operates several mining facilities across both North and South America. The company is committed to sustainable, large-scale Bitcoin production, using low-cost, renewable hydroelectric power to minimize operational costs and meet environmental standards. This eco-friendly approach not only complies with investor and regulatory expectations but also enhances Bitfarms' operational efficiency. The company employs a vertically integrated business model, overseeing every stage of the mining process, from facility development to real-time monitoring and maintenance. This comprehensive control allows Bitfarms to optimize its operations and maintain a strong competitive position in the dynamic Bitcoin mining industry.

Bitfarms' core strategy centers on its belief in Bitcoin's long-term potential. The company reinvests its mining rewards to grow its Bitcoin holdings, considering BTC as both a treasury asset and a protection against the devaluation of fiat currency. This strategy reflects Bitfarms' view of Bitcoin as digital gold and highlights its significance in the broader financial ecosystem. As a major publicly traded Bitcoin miner, Bitfarms plays an influential role in promoting institutional adoption and advancing Bitcoin treasury management practices. The company’s ongoing investment in next-generation mining hardware and expansion into new regions further strengthens its standing in the public Bitcoin mining sector.

By focusing on operational efficiency, sustainability, and strategic Bitcoin accumulation, Bitfarms sets benchmarks for treasury management and corporate adoption of Bitcoin. Its commitment to transparent reporting and consistent growth underlines its importance in the industry. The company's proactive approach to optimizing its Bitcoin reserves in response to market conditions and operational needs demonstrates its adaptability and foresight. Through these efforts, Bitfarms continues to influence the future of Bitcoin mining and treasury management.

As of December 2025, it held 1,166 BTC valued at $104.5M.

Bitfarms — BTC Holdings Over Time

01K2K3KDec 2021Jun 2022Nov 2022May 2023Oct 2023Mar 2024Aug 2024Feb 2025Jul 2025Jul 2025

Historical Performance

Market Cap History

$328.0M$502.4M$676.9M$851.3M$1.0BDec 9, 2024Jan 22, 2025Mar 4, 2025Apr 11, 2025May 22, 2025Jul 3, 2025

NAV History

$80.7M$95.5M$110.3M$125.1M$139.9MDec 7, 2024Jan 17, 2025Feb 27, 2025Apr 9, 2025May 20, 2025Jun 30, 2025