Bitfarms Technologies is a holding company focused on the acquisition, development and ownership of natural resource assets with favorable long-term fundamentals. Co.'s investments consist of ownership interests in drill-defined deposits that can be advanced towards production and an investment portfolio of equity securities. Co. has acquired four U.S. gold deposits that contain over 1,552,000 ounces of historical gold resources and an iron ore deposit in Canada that contains 280,000,000 tons of JORC Compliant iron ore. The BITF YTD return is shown above.
The YTD Return on the BITF YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether BITF YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the BITF YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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