Bitfarms Ltd. (TSXV: BITF) - 2022 TSX Venture 50
Founded in 2017, Bitfarms is a global Bitcoin self-mining company, running vertically integrated mining operations with onsite technical repair, proprietary data analytics and company-owned electrical engineering and installation services to deliver high operational performance and uptime. Having demonstrated rapid growth and stellar operations, Bitfarms became the first Bitcoin mining company to complete its long-form prospectus with the Ontario Securities Commission and started trading on the TSX-V in July 2019. On February 24, 2021, Bitfarms was honoured to be announced as a Rising Star by the TSX-V. On June 21, 2021, Bitfarms started trading on the Nasdaq Stock Market. Bitfarms has a diversified production platform with five industrial-scale facilities located in Québec, one in Washington state, and one in Paraguay. Each facility is over 99% powered with environmentally-friendly hydropower and secured with long-term power contracts. Bitfarms is currently the only publicly traded pure-play mining company audited by a Big Four accounting firm.
The 2022 Venture 50 is a ranking of top performers on TSX Venture Exchange over the last year. The ranking comprises 10 companies from each of the five industry sectors, selected based on three equally weighted criteria: market capitalization growth, share price appreciation and trading volume.
For the full 2022 Venture 50 ranking, methodology and profile videos of companies included in the ranking, visit: www.tsx.com/venture50