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Bitfarms Ltd. (BITF)

NasdaqGM - NasdaqGM Real-time price. Currency in USD
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2.8950-0.0750 (-2.53%)
As of 12:46PM EDT. Market open.

Bitfarms Ltd.

110 Yonge Street
Suite 1601
Toronto, ON M5C 1C4
(647) 259-1790

Sector(s)Financial Services
IndustryCapital Markets
Full-time employees170

Key executives

NameTitlePayExercisedYear born
Mr. Benjamin GagnonChief Executive Officer234.75kN/AN/A
Mr. Jeffrey P. LucasChief Financial Officer452.15kN/A1960
Mr. Benoit GobeilExecutive Vice President of Infrastructure & Operations222.26kN/AN/A
Ms. Stephanie WargoVice President of Marketing & Communications251.44kN/AN/A
Mr. Marc-Andre AmmannSenior Vice President of Finances & AccountingN/AN/AN/A
Ms. Tracy H. KrummeSenior VP & Head of Investor RelationsN/AN/A1968
Mr. Philippe FortierSenior Vice President of Corporate DevelopmentN/AN/AN/A
Ms. Andrea Keen SouzaVice-President of Human ResourcesN/AN/AN/A
Paul MagrathVice President of Taxation & SustainabilityN/AN/AN/A
Ms. Patricia OsorioVP & Corporate SecretaryN/AN/AN/A
Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.


Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. The company was founded in 2017 and is based in Toronto, Canada.

Corporate governance

Bitfarms Ltd.’s ISS governance QualityScore as of 1 July 2024 is 10. The pillar scores are Audit: 10; Board: 8; Shareholder rights: 2; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.