Bitfarms (BITF) - Cash on Hand

Cash on Hand as of September 2024 : HK$1.13 Billion

According to Bitfarms's latest financial reports the company has HK$1.13 Billion 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	HK$0.90 B	226.88%
2022-12-31	HK$0.27 B	-81.47%
2021-12-31	HK$1.49 B	3141.09%
2020-12-31	HK$46.1 M	174.18%
2019-12-31	HK$16.81 M	288.99%
2018-12-31	HK$4.32 M	-87.75%
2017-12-31	HK$35.29 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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