Bitfarms (BITF) - Net Assets

Net assets on the balance sheet as of September 2024 : £0.40 Billion

According to Bitfarms's latest financial reports the company has £0.40 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Bitfarms - Net assets on balance sheet (from 2018 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$£0.23 B	9.6%
2022-12-31	$£0.21 B	-20.63%
2021-12-31	$£0.26 B	2246.9%
2020-12-31	$£11.33 M	-47.09%
2019-12-31	$£21.41 M	31.66%
2018-12-31	$£16.26 M	-21.2%
2017-12-31	$£20.64 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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Bitfarms (BITF) - Net assets