Investors should also take note of any recent adjustments to analyst estimates for Bitfarms Ltd. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential. To follow BITF in the coming trading sessions, be sure to utilize Zacks.com. Shares of the company have depreciated by 4.85% over the course of the past month, underperforming the Business Servi ...

I'm going to highlight three stocks under $15 with the best risk-reward in this current environment. Let's dive into these more speculative picks. They may be well-suited as individual stock picks for long-term growth investors right now. Additionally, the company flourished in 2023, as revenue rose 35% and its customer base surged 44%. And, the firm expanded its student loans and financial services, projecting a 17.4% revenue through 2026. Despite a slowdown, this trend remains promising. The vast U.S. fin ...

Core Viewpoint - The company has adopted a new shareholder rights plan to protect the interests of all shareholders in light of potential unsolicited takeover bids, particularly in response to actions by Riot Platforms, Inc. [2][11][22] Summary by Sections Shareholder Rights Plan - The Board of Directors has unanimously approved the New Rights Plan to ensure fair treatment of all shareholders during unsolicited takeover bids, including protection against "creeping bids" [2][3] - One right will be issued for each common share outstanding as of August 6, 2024, and will also attach to shares issued thereafter [4] - The rights become exercisable if an acquiring person obtains 20% or more of the common shares without complying with the plan's provisions [4][22] Ratification and Duration - The New Rights Plan is effective immediately but requires shareholder ratification within six months; if not ratified, it will terminate [5] - If approved, the plan will have an initial term of three years [5] Context and Background - The adoption of the New Rights Plan follows a decision by the Capital Markets Tribunal to cease trade the previous rights plan, which was aimed at preserving the integrity of the strategic review process [10][11] - The Board is aware of Riot Platforms' intention to replace three directors at the upcoming shareholder meeting on October 29, 2024 [22] Company Overview - Bitfarms is a global Bitcoin data center company that operates vertically integrated data centers and focuses on sustainable energy sources [6][26] - The company currently has 12 operational data centers and two under development across Canada, the United States, Paraguay, and Argentina [26]

About Bitfarms Ltd. www.bitfarms.com https://www.facebook.com/bitfarms/ https://twitter.com/Bitfarms_io https://www.instagram.com/bitfarms/ https://www.linkedin.com/company/bitfarms/ Advisors Adoption of the New Rights Plan is subject to the acceptance of the Toronto Stock Exchange (the "TSX"). The TSX may notify the Company that it will defer its consideration of the acceptance of the New Rights Plan until such time as it is satisfied that the appropriate securities commission will not intervene pursuant t ...

While meme stocks can go ballistic quickly, I want to keep the expectations for returns relatively realistic. This column focuses on buying three meme stocks that can surge by 300% in the next 36 months. Notably, for Q1 2024, the cannabis company reported revenue growth of 30% yearly to $25.3 million. However, the impact of the recent expansion in Germany, Australia and the United Kingdom is yet to be seen. I would not be surprised if revenue growth accelerates in the coming quarters. Cronos (NASDAQ:CRON) i ...

An important point to note is that investors should remain cautious on the quality of stocks. In a meme euphoria, it's easy to get tempted to buy stocks that are purely speculative with weak fundamentals. Investors should however focus on meme stocks to buy with reasonable fundamentals and potential business catalysts. Besides this factor, Bitfarms has undertaken aggressive expansion plans. The Bitcoin miner reported a hash rate capacity of 10.4EH/s in Q1 2024. The company is aiming to boost capacity to 21E ...

TORONTO, Ontario and BROSSARD, Québec, July 17, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (TSX:BITF), a global vertically integrated Bitcoin data center company, announces its participation in a virtual fireside chat hosted by H.C. Wainwright. Event Details: | --- | --- | |------------------------|--------------------------------------------| | | | | Hosted By: | Wainwright | | Bitfarms Participants: | Ben Gagnon, CEO and Jeff Lucas, CFO | | When: | Wednesday, July 17th from 4:00 - 5:00pm ET | | Link to Regist ...

TORONTO, Ontario and BROSSARD, Québec, July 17, 2024 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a global vertically integrated Bitcoin data center company, announces its participation in a virtual fireside chat hosted by H.C. Wainwright. Event Details: | --- | --- | |------------------------|--------------------------------------------| | | | | Hosted By: | Wainwright | | Bitfarms Participants: | Ben Gagnon, CEO and Jeff Lucas, CFO | | When: | Wednesday, July 17th from 4:00 - 5:00pm ET | | Link t ...

Let's also talk about the company-specific factors that will support a big rally in these meme stocks. On the date of publication, Faisal Humayun did not hold (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. This column focuses on the rate-sensitive meme stocks to buy. As a first screener, I have chosen meme stocks that represent companies with goo ...

After more than a decade of investing, I can say that identifying a good story is 10% of the work done. The real challenge is to hold through the thick and thin. The investment horizon and the patience to hold are the key differentiating factors in wealth creation. EHang Holdings (EH) The flying car industry is at an early growth stage. The first movers with good execution are likely to be massive value creators. EHang Holdings (NASDAQ:EH) is among the quality names to consider for multifold returns. It's w ...