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Bitfarms Ltd. (BITF): A Bull Case Theory 

We came across a bullish thesis on Bitfarms Ltd. on wallstreetbets subreddit by hornysniperzebra. In this article, we will summarize the bulls’ thesis on BITF. Bitfarms Ltd.'s share was trading at $3.2800 as of December 1st. BITF’s trailing and forward P/E were 28.31 and 84.03 respectively according to Yahoo Finance.

[caption id="attachment_515252" align="aligncenter" width="750"] Copyright: ralwel / 123RF Stock Photo[/caption]

Bitfarms appears to be in the early stages of a transformative pivot from Bitcoin mining to government-grade AI cloud infrastructure. The...