5 Most Profitable Cryptocurrency Stocks

Page 5 of 5

1. Bitfarms Ltd. (NASDAQ:BITF)

Latest TTM Net Income: -$63 million

Bitfarms Ltd. (NASDAQ:BITF) is a global cryptocurrency miner with operations in the U.S., Canada, and other countries. The firm significantly beefed up its mining portfolio in November 2023 when it ordered nearly 36,000 new miners.

By the end of Q3 2023, five out of the 910 hedge funds tracked by Insider Monkey had invested in Bitfarms Ltd. (NASDAQ:BITF). Out of these, the largest shareholder was Israel Englander’s Millennium Management as it owned 1.9 million shares that are worth $2 million.

Follow Bitfarms Ltd.

Disclosure: None. You can also take a look at 10 Best Blockchain and Bitcoin ETFs and 13 Best Growth Stocks To Buy According To George Soros.

Follow Insider Monkey on Twitter

Page 5 of 5