Bitfarms (BITF) - Net Assets

Net assets on the balance sheet as of June 2024 : €0.45 Billion

According to Bitfarms's latest financial reports the company has €0.45 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	$€0.26 B	11.99%
2022-12-31	$€0.23 B	-24.89%
2021-12-31	$€0.31 B	2424.18%
2020-12-31	$€12.55 M	-49.91%
2019-12-31	$€25.07 M	38.89%
2018-12-31	$€18.05 M	-22.38%
2017-12-31	$€23.25 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