For the year ending 2025-12-31, BITF had $571,428K increase in cash & cash equivalents over the period. -$326,891K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net loss | -284,544 |
| Depreciation and amortization | 122,630 |
| Impairment of long-lived assets and deposits | 101,843 |
| Total other expense (income) | -58,969 |
| Digital assets earned and hosting revenue received in bitcoin | 262,931 |
| Stock-based compensation | 14,984 |
| Income tax expense (recovery) | 833 |
| Renewable energy credits earned | 22,763 |
| (gain) loss on disposition of assets and other | 5,457 |
| Digital assets exchanged for services | 9,992 |
| Realized gain on disposition of digital assets | 28,219 |
| Asset retirement obligation accretion expense | 222 |
| Change in fair value of digital assets | 50,522 |
| Interest income received | 4,626 |
| Interest expenses paid | 1,259 |
| Income taxes (paid) received | 427 |
| Proceeds from disposition of renewable energy and waste tax credits | 13,274 |
| Changes in non-cash working capital components | 1,111 |
| Net change in cash related to operating activities | -226,594 |
| Proceeds from sale of digital assets | 171,091 |
| Purchase of property, plant and equipment and intangible assets | 100,297 |
| Proceeds from sale of property, plant and equipment and assets held for sale | 34,565 |
| Costs related to purchase and sale of assets held for sale | -7,988 |
| Purchase of marketable securities | 33,975 |
| Proceeds from disposition of marketable securities | 33,962 |
| Purchase of derivative assets and liabilities | 154,443 |
| Settlement of derivative assets and liabilities | 172,915 |
| Equipment and construction prepayments | 20,164 |
| Proceeds from disposal of business | 63,038 |
| Acquisition of business | 48,084 |
| Investment in equity securities | 1,250 |
| Acquisition of assets | 5,626 |
| Net change in cash related to investing activities | 103,744 |
| Repayment of long-term debt | 785 |
| Proceeds from long-term debt, net of transaction costs | 666,469 |
| Repayment of finance lease liabilities | 820 |
| Issuance of common shares and warrants | 72,747 |
| Exercise of stock options and warrants | 35,711 |
| Purchase of capped calls | 69,090 |
| Repurchase and cancellation of common shares | 9,954 |
| Net change in cash related to financing activities | 694,278 |
| Net increase (decrease) in cash and restricted cash | 571,428 |
| Cash, beginning of the year | 59,542 |
| Exchange rates differences on currency translation | -8 |
| Cash and restricted cash, end of the year | 630,962 |
Bitfarms Ltd (BITF)
Bitfarms Ltd (BITF)