GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bitfarms Ltd (NAS:BITF) » Definitions » Research & Development

BITF (Bitfarms) Research & Development : $0.0 Mil (TTM As of Dec. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Bitfarms Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Bitfarms's Research & Development for the three months ended in Dec. 2024 was $0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 was $0.0 Mil.

Bitfarms Research & Development Historical Data

The historical data trend for Bitfarms's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bitfarms Research & Development Chart

Bitfarms Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Research & Development
Get a 7-Day Free Trial - - - - -

Bitfarms Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Bitfarms Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bitfarms  (NAS:BITF) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Bitfarms Research & Development Related Terms

Thank you for viewing the detailed overview of Bitfarms's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

Bitfarms Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bitfarms Ltd (NAS:BITF) » Definitions » Research & Development
Comparable Companies
TSX:CF XCNQ:HODL NEOE:DEFI TSXV:HIVE TSXV:NDA TSX:PNP TSX:XAU TSXV:DMGI TSXV:MATA TSXV:BIGG MS GS SCHW SHSE:600030 ASX:MQG HOOD SHSE:601211 BSP:BPAC3 TW LPLA
Traded in Other Exchanges
1B2:Germany 1B2:Germany 1B2:Germany BITF:Canada
Address
110 Yonge Street, Suite 1601, Toronto, ON, CAN, M5C 1T4
Website
https://bitfarms.com
Bitfarms Ltd engaged in the cryptocurrency Mining industry mainly consists of selling its computational power used for hashing calculations for cryptocurrency mining in multiple jurisdictions. Its geographic operations are currently located in Canada, the United States, Argentina. It owns and operates server farms comprised of computers designed to validate transactions on the Bitcoin Blockchain.