What's Going On With Bitfarms Stock After Earnings?
What's Going On With Bitfarms Stock After Earnings?
Gross mining profit and gross mining margin of $21 million and 51%, respectively, down from $31 million and 64% in the first quarter, respectively.Bitfarms Ltd. (NASDAQ:BITF) shares are roughly flat Friday after the stock gained 22% Thursday following the company's second-quarter earnings release.
Bitfarms Ltd.（NASDAQ：BITF）股票週五基本持平，在公司公佈第二季度業績報告後，週四股票上漲22%。
The Details:
細節：
Bitfarms reported quarterly losses of 7 cents per share which beat the analyst consensus estimate by 30%. Quarterly revenue of $41.548 million was down 16% sequentially due to the decrease in block rewards following the Bitcoin (CRYPTO: BTC) halving event that occurred on April 19, 2024.
Bitfarms每股季度虧損爲7美分，超出分析師共識預期30%。第二季度營業收入4,154.8萬美元，環比下降16%，因比特幣（CRYPTO:BTC）減半事件於2024年4月19日發生，導致區塊獎勵減少。
Gross mining profit and gross mining margin of $21 million and 51%, respectively, down from $31 million and 64% in the first quarter, respectively.
毛利潤和毛利率分別爲2100萬美元和51%，較第一季度分別下降3100萬美元和64%。
Bitfarms averaged 6.7 bitcoin per day in daily production, and its current hashrate of 11.1 EH/s is up from 6.5 EH/s in the same period last year. The company said it remains on track to achieve its guidance of 21 EH/s and 21 w/TH in 2024.
Bitfarms日均產量爲6.7比特幣，目前算力爲11.1 EH/s，較去年同期的6.5 EH/s有所提高。該公司表示，仍按計劃實現2024年21 EH/s和21 w/TH的業績指引。
As of June 30, 2024, the company had total liquidity of $195 million, comprised of $139 million in cash and 905 bitcoins valued at $57 million based on a price of $62,700. As of July 31, 2024, Bitfarms held 1,016 bitcoins.
截至2024年6月30日，該公司總流動資金爲1.95億美元，包括1.39億美元現金和905個比特幣，按照62700美元的價格估算，總價值爲5700萬美元。截至2024年7月31日，Bitfarms持有1016個比特幣。
According to data from Benzinga Pro, Bitfarms shares are trading below the stock's 50-day moving average of $2.56 and 23.5% of shares are being sold short.
據Benzinga Pro的數據，Bitfarms股票交易價格低於50日移動平均線2.56美元，23.5%的股份正在被做空。
Should I Sell My BITF Stock?
我應該賣出我的BITF股票嗎？
When deciding to hold on to or sell a stock, investors should consider their time horizon, unrealized gains and total return.
在決定持有或出售股票時，投資者應考慮他們的投資期限、未實現收益和總回報。
Shares of Bitfarms have increased by 45.57% in the past year. An investor who bought shares of Bitfarms at the beginning of the year would take a loss of $0.54 per share if they sold it today. The stock has fallen 6.12% over the past month, meaning an investor who bought shares on July 1 would see a capital loss of $0.23.
Bitfarms股票過去一年上漲45.57%。如果投資者在年初購買了Bitfarms股票，並於今天賣出，將損失0.54美元每股。該股票過去一個月下跌6.12%，這意味着7月1日購買Bitfarms股票的投資者將面臨0.23美元的資本損失。
Bitfarms shares have an all-time high of $8.87, representing 285.65% upside from current levels.
Bitfarms股票的歷史最高價爲8.87美元，較當前水平高285.65%。
Investors may also consider market dynamics. The Relative Strength Index can be used to indicate whether a stock is overbought or oversold. Bitfarms stock currently has an RSI of 47.3, indicating neutral conditions.
投資者還應考慮市場動態。相對強弱指數可用於指示股票是否超買或超賣。Bitfarms股票當前的RSI爲47.3，表明中立條件。
For access to advanced charting and analysis tools and stock data, check out Benzinga PRO. Try it for free.
如需高級圖表和分析工具以及股票數據，請訪問Benzinga Pro。免費試用。
BITF Price Action: According to Benzinga Pro, Bitfarms shares are flat at $2.30 at the time of publication Friday.
BITF價格走勢：根據Benzinga Pro的數據，Bitfarms股票在週五發佈時持平於2.30美元。
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Image: Roy Buri from Pixabay
圖片來源：Pixabay的Roy Buri
譯文內容由第三人軟體翻譯。