Bitfarms (BITF) - Net Assets

Net assets on the balance sheet as of June 2024 : $0.47 Billion USD

According to Bitfarms's latest financial reports the company has $0.47 Billion USD 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	$$0.29 B	15.41%
2022-12-31	$$0.25 B	-28.86%
2021-12-31	$$0.35 B	2224.12%
2020-12-31	$$15.44 M	-45%
2019-12-31	$$28.08 M	36.01%
2018-12-31	$$20.65 M	-25.99%
2017-12-31	$$27.9 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