Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo Cryptocurrency Prices today, Charts And Market Capitalizations |Ty gia Coin logo
Seeking Alpha 2021-11-10 20:11:40

Bitfarms' Price Discovery Phase And Our Action Plan

Our valuation framework previously suggested that BITF was deeply undervalued and was lagging behind its peers (MARA, RIOT, and Core Scientific). We gave Bitfarms a price target of $8.50.BITF was dormant for the entire 2021 until it finally entered its long-overdue price discovery phase, which led it to become the best-performing Bitcoin company in YTD.As BITF is approaching our price targets, this article aims to break down BITF's run-up and update our readers with our next course of action.

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