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Bitfarms Ltd
110 Yonge Street, Suite 1601
Phone: (647) 259-1790p:647 259-1790 TORONTO, ON  M5C 1T4  Canada Ticker: BITFBITF
Business Summary
Bitfarms Ltd. is a Canada-based global Bitcoin and vertically integrated data center company that sells its computational power to one or more mining pools from which it receives payment in Bitcoin. It develops, owns, and operates vertically integrated mining facilities with in-house management and Company-owned electrical engineering, installation service, and multiple onsite technical repair centers. Its proprietary data analytics system delivers operational performance and uptime. The Company operates through the cryptocurrency mining segment. The activities of the Company mainly consist of selling its computational power used for hashing calculations for the purpose of cryptocurrency mining in multiple jurisdictions. Volta, a wholly owned subsidiary of the Company, assists the Company in building and maintaining its data centers. The Company operates Bitcoin data centers in four countries: the United States, Canada, Paraguay, and Argentina.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
3/31/202512/31/2024YesYes---

Industries
SIC Code Description
7370 Computer programming, data processing, and other computer related
7374 Computer processing and data preparation and processing services

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board Brian M.Howlett 8/12/2024 4/17/2020
Chief Executive Officer, Director BenjaminGagnon 8/12/2024 6/3/2021
Chief Financial Officer Jeffrey P.Lucas 6/14/2021 6/14/2021
12 additional Officers and Directors records available in full report.

Subsidiaries
Business Name Address City State/Province Country
Stronghold Digital Mining Inc 595 Madison Avenue, 28Th Floor NEW YORK NY United States
Panther Creek Energy Facility 4 Dennison Rd. Nesquehoning PA United States

Business Names
Business Name
BITF
Clearfield Properties Inc.
EIF Scrubgrass, LLC
21 additional Business Names available in full report.

General Information
Number of Employees: 170 (As of 12/31/2023)
Outstanding Shares: 555,961,590 (As of 6/9/2025)
Stock Exchange: TSE


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Friday, July 11, 2025