Bitfarms (BITF) - Net Assets

Net assets on the balance sheet as of June 2024 : HK$3.68 Billion

According to Bitfarms's latest financial reports the company has HK$3.68 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	$HK$2.30 B	15.37%
2022-12-31	$HK$1.99 B	-28.72%
2021-12-31	$HK$2.79 B	2237.73%
2020-12-31	$HK$0.11 B	-45.26%
2019-12-31	$HK$0.21 B	35.26%
2018-12-31	$HK$0.16 B	-25.82%
2017-12-31	$HK$0.21 B

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