Bitfarms (BITF) Shares Rise Amid Crypto Market Stabilization

Bitfarms (BITF) shares rose 4% in premarket trading as the cryptocurrency market stabilized, with Bitcoin's price steadying around $91,658. Other crypto-related stocks, including Marathon Holdings (MARA) and Coinbase Global (COIN), also gained 1-3%. Bitfarms operates in the cryptocurrency mining industry and has a market capitalization of approximately $1.84 billion. The company's financial performance is mixed, with a 3-year revenue growth rate of -19.7% and profitability metrics of -32.57% operating margin and -41.45% net margin. However, the current ratio is robust at 3.2 and the debt-to-equity ratio is low at 0.12.