Bitfarms (BITF) - Cash on Hand

Cash on Hand as of June 2024 : $0.19 Billion USD

According to Bitfarms's latest financial reports the company has $0.19 Billion USD in cash and cash equivalents.
A company’s cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Bitfarms - Cash on Hand chart (from 2018 to 2024)

Cash on Hand by year

Year	Cash on Hand	Change
2023-12-31	$0.11 B	227.02%
2022-12-31	$35.44 M	-81.5%
2021-12-31	$0.19 B	3122.23%
2020-12-31	$5.94 M	175.45%
2019-12-31	$2.15 M	291.12%
2018-12-31	$0.55 M	-87.78%
2017-12-31	$4.51 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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