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Bitfarms Ltd. (BITF) Bitcoin Treasury Dashboard

Track BITF BTC holdings, mNAV, volume, volatility, price, and treasury analytics.

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Bitfarms Ltd. (BITF)
๐Ÿ‡จ๐Ÿ‡ฆ
#41
BitcoinQuant
BTC Price
Current price of Bitcoin
$67,684
BITF BTC Holdings
Bitcoins held on balance sheet
โ‚ฟ1,658
BITF mNAV (EV)
Enterprise Value รท BTC NAV; premium (>1) or discount (<1)
11.07x
BITF Stock Price
Latest stock price (in USD)
$2.10
BITF % from 52W High
Current price gap from 52-week high
-68%
BITF Enterprise Value
MCap + Debt + Pref - Cash
$1.2B
BITF Market Cap
Equity market value
$1.3B
BITF BTC NAV
Current value of BTC = holdings ร— BTC price
$112.2M
BITF MCAP as % of BTC
Market capitalization as a percentage of Bitcoin holdings value
1119%
BITF BTC Supply %
Company BTC holdings as % of total 21M Bitcoin supply
0.008%
BITF mNAV (MCap)
Market Cap รท BTC NAV; premium (>1) or discount (<1)
11.19x
BITF 1W Return
Feb 9, 2026 ($2.26) โ†’ Feb 17, 2026 ($2.10)
-7.08%
BITF 1M Return
Jan 16, 2026 ($2.95) โ†’ Feb 17, 2026 ($2.10)
-28.81%
BITF 3M Return
Nov 17, 2025 ($2.67) โ†’ Feb 17, 2026 ($2.10)
-21.35%
BITF YTD Return
Dec 31, 2025 ($2.35) โ†’ Feb 17, 2026 ($2.10)
-10.64%
BITF 1Y Return
Feb 14, 2025 ($1.42) โ†’ Feb 17, 2026 ($2.10)
+47.89%
BITF 1Y vs BTC
Stock 1Y return minus BTC 1Y return (percentage points)
+77.32 p.p.
BITF 52W High
Highest price in the last 52 weeks (in USD)
$6.60
BITF Basic Shares
Estimated basic shares outstanding
597,923,486
BITF Shares per BTC held
How many shares you need to get exposure to 1 full Bitcoin through the stock
โ€”
BITF Trading Volume ($)
Most recent day's trading volume (VWAP ร— Volume)
$55.95M
BITF Avg 30D Volume
Average daily trading volume over the last 30 calendar days (VWAP ร— Volume)
$87.86M
BITF Debt
Total outstanding debt (Latest reported Yahoo Finance value)
$73.7M
BITF Debt/BTC NAV
Debt as a % of BTC NAV
โ€”
BITF BTC Rating
BTC NAV รท Total Debt
โ€”
BITF Cash
Total cash and cash equivalents
$86.95M
BITF Hist Volatility (30D)
Annualized standard deviation of the daily natural log return measured over the last 30 trading days
114.7%
BITF Hist Volatility (1Y)
Annualized standard deviation of the daily natural log return measured over the last calendar year
106.2%
BITF Implied Volatility
Open interest-weighted implied volatility from options market across all expirations
โ€”
BITF Open Interest
Outstanding open interest contracts ร— 100 shares ร— live share price
โ€”
BITF Put Open Interest
Outstanding put open interest contracts ร— 100 shares ร— live share price
โ€”
BITF Call Open Interest
Outstanding call open interest contracts ร— 100 shares ร— live share price
โ€”
BITF Put to Call
Ratio of put open interest to call open interest (put OI รท call OI). < 1.0 = more calls (bullish), > 1.0 = more puts (bearish)
โ€”
BITF Duration (Days)
Open Interest-weighted average of days to expiration for options on this asset. Higher values indicate longer-term options activity.
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BITF Short Interest (% Float)
% of tradable shares sold short
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About Bitfarms Ltd.'s Bitcoin Treasury Strategy

Bitfarms Ltd. (BITF) ranks #41 globally among Bitcoin treasury companies, with 1,658 Bitcoin in its corporate treasury worth approximately $112.22M at current prices. This represents 0.008% of the total 21 million Bitcoin that will ever exist.

Trading at a stock price of $2.10 per share with a market capitalization of $1.26B, Bitfarms Ltd.'s stock currently trades at an mNAV (enterprise value to Bitcoin NAV multiple) of 11.07x. Bitcoin holdings represent 9% of the company's market cap, underscoring Bitcoin's central role in Bitfarms Ltd.'s balance sheet strategy.

Recent stock performance shows -7.08% over the past week, -28.81% over the past month, -10.64% year-to-date, and +47.89% over the past year. Bitfarms Ltd. currently trades -68.18% from its 52-week high. The stock averages $87.86M in daily trading volume over the past 30 days, with 30-day volatility at 114.7%.

Bitfarms Ltd.'s Bitcoin treasury strategy is led by Benjamin Gagnon (CEO).

Bitfarms Ltd. (BITF) Bitcoin Treasury Detailed Analysis

Bitcoin Exposure & Holdings

Bitfarms Ltd. (BITF) currently holds 1,658 Bitcoin in its corporate treasury. This represents 0.008% of the total 21 million Bitcoin that will ever exist.

At a current Bitcoin price of $67,827.00, Bitfarms Ltd.'s Bitcoin holdings are worth approximately $112.46 million, which represents the company's Bitcoin NAV (Net Asset Value).

Bitfarms Ltd.'s total cost basis for its Bitcoin holdings is $0.00, putting the company at a N/A unrealized loss on its Bitcoin position.

Bitfarms Ltd. held 870 Bitcoin on January 1st, 2024. Since then, Bitfarms Ltd. has been acquiring an average of 1.91 BTC per day, representing +90.57% growth in Bitcoin holdings since then.

Valuation Metrics & Market Capitalization

Bitfarms Ltd. (BITF) stock price currently trades at $2.09 per share.

With a market capitalization of $1.25 billion, Bitfarms Ltd. ranks as a leading Bitcoin treasury company by equity market value.

On an Enterprise Value basis, Bitfarms Ltd.'s mNAV is 11.01x, meaning the market values the company's total capital structure at 11.01x times its underlying Bitcoin holdings.

On a Market Cap basis, Bitfarms Ltd.'s mNAV is 11.13x relative to Bitcoin NAV.

Bitcoin holdings represent 9.0% of Bitfarms Ltd.'s total market capitalization, underscoring Bitcoin's central role in the company's balance sheet strategy.

Bitfarms Ltd.'s Enterprise Value is $1.24 billion, calculated as Market Cap plus Debt plus Preferred Stock minus Cash.

Financial Health & Balance Sheet

Bitfarms Ltd. has total outstanding debt of $73.68 million, representing a debt-to-Bitcoin NAV ratio of 0.66x.

The BTC Rating for Bitfarms Ltd. is 1.53x (Bitcoin NAV รท Total Debt), indicating 1.53x coverage of total debt by Bitcoin holdings.

In cash and cash equivalents, Bitfarms Ltd. holds $86.95 million.

Bitfarms Ltd. reported total revenue of $276.41 million and operating cash flow of $-196,346,000.00.

Trading Volume & Risk Metrics

In the most recent trading session, BITF recorded $45.65 million in dollar volume.

Over the past 30 days, BITF has averaged $89.57 million in daily trading volume.

Bitfarms Ltd.'s 30-day historical volatility is 118.8%.

Over the past calendar year, BITF's historical volatility is 106.2%.

Bitfarms Ltd.'s beta is 4.40x.

Short interest for BITF represents 11.5% of tradable shares.

Bitfarms Ltd.'s 90-day correlation with IBIT (iShares Bitcoin Trust ETF) is 73.5%, measuring how closely the stock tracks spot Bitcoin exposure.

BITF currently trades -68.28% from its 52-week high.

Options Market & Trading Activity

Implied volatility from the options market for BITF is 115.0%.

Total open interest for BITF options is $165.75 million. Put open interest totals $31.25 million and call open interest totals $134.49 million.

The put-to-call ratio for Bitfarms Ltd. is 0.23x.

Weighted by open interest, the average duration for BITF options is 218.7 days to expiration.

Bitcoin Strategy Leadership

Bitfarms Ltd.'s Bitcoin treasury strategy is led by Benjamin Gagnon (CEO).

Bitfarms Ltd. Bitcoin Treasury Data & Analysis on BitcoinQuant

The interactive Bitfarms Ltd. Bitcoin treasury chart above provides a comprehensive visualization of the company's Bitcoin treasury performance over time, allowing investors to track BTC holdings, acquisition rates, and valuation metrics.

All of the data on this page โ€” including Bitfarms Ltd.'s Bitcoin NAV, mNAV, BTC Rating, cost basis, and options activity โ€” is calculated in real time and updated continuously on BitcoinQuant. By analyzing these treasury metrics alongside historical acquisition data and market performance, investors can gain insights into Bitfarms Ltd.'s Bitcoin accumulation strategy and compare it against other Bitcoin treasury companies tracked across the BitcoinQuant platform.

BitcoinQuant tracks the full universe of public companies holding Bitcoin, providing real-time analytics on holdings, valuations, financial health, trading activity, and risk metrics across every Bitcoin treasury stock in the market.

Data as of: 02/17/2026, 3:48 PM ET