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/biz/ - Business & Finance

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>> No.29224896 [View]
File: 38 KB, 1096x540, Screenshot_20210219_232201.png [View same] [iqdb] [saucenao] [google]
29224896

>>29224614
BFARM doesn't make much money considering their market cap.

>> No.29192548 [View]
File: 38 KB, 1096x540, Screenshot_20210219_232201.png [View same] [iqdb] [saucenao] [google]
29192548

Bitfarms had an EBITDA of 4.5M$, there market cap is 684M$. If there South America plant opens, lets say that adds 4X there current EBITDA, that's still only 22.5M$ in earnings.

It doesn't seem impressive? Am I missing something? I guess if Bitcoin goes to 150k$+ then their earnings go to like 60M$+. And then it's a pretty fair valuation?

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