Bitfarms mining business ‘significantly undervalued,’ says H.C. Wainwright

TipRanks

Thu, May 15, 2025, 9:06 AM 1 min read

H.C. Wainwright reiterates a Buy standing connected Bitfarms (BITF) with a $4 price target aft the institution reported Q1 results. Bitfarms is “rapidly transforming” from an planetary pure-play bitcoin mining institution to a U.S.- focused vigor and compute concern focused connected artificial intelligence information halfway improvement portion maintaining 1 of the largest and astir businesslike mining fleets successful the industry, the expert tells investors successful a probe note. The steadfast remains bullish connected Bitfarms’ bitcoin mining concern successful 2025, which it says “remains importantly undervalued.”

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