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Bitfarms (BITF) Asset Writedowns and Impairment: 2022-2024

  • Bitfarms' Asset Writedowns and Impairment fell 67.37% to $7.3 million in Q4 2024 from the same period last year, while for Dec 2024 it was $30.5 million, marking a year-over-year change of. This contributed to the annual value of $3.6 million for FY2024, which is 70.39% down from last year.
  • As of Q4 2024, Bitfarms' Asset Writedowns and Impairment stood at $7.3 million, which was up 300.00% from -$3.6 million recorded in Q3 2024.
  • Over the past 5 years, Bitfarms' Asset Writedowns and Impairment peaked at $84.1 million during Q3 2022, and registered a low of -$3.6 million during Q3 2024.
  • For the 3-year period, Bitfarms' Asset Writedowns and Impairment averaged around $22.9 million, with its median value being $7.3 million (2024).
  • As far as peak fluctuations go, Bitfarms' Asset Writedowns and Impairment spiked by 383.66% in 2023, and later tumbled by 67.37% in 2024.
  • Bitfarms' Asset Writedowns and Impairment (Quarterly) stood at $4.6 million in 2022, then spiked by 383.66% to $22.2 million in 2023, then tumbled by 67.37% to $7.3 million in 2024.
  • Its last three reported values are $7.3 million in Q4 2024, -$3.6 million for Q3 2024, and $22.2 million during Q4 2023.