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Bitfarms (BITF) Asset Writedowns and Impairment: 2021-2024

Historic Asset Writedowns and Impairment for Bitfarms (BITF) over the last 4 years, with Dec 2024 value amounting to $3.6 million.

  • 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.
  • Latest data reveals that Bitfarms reported Asset Writedowns and Impairment of $3.6 million as of FY2024, which was down 70.39% from $12.3 million recorded in FY2023.
  • Bitfarms' Asset Writedowns and Impairment's 5-year high stood at $75.2 million during FY2022, with a 5-year trough of $1.8 million in FY2021.
  • Its 3-year average for Asset Writedowns and Impairment is $30.4 million, with a median of $12.3 million in 2023.
  • Its Asset Writedowns and Impairment has fluctuated over the past 5 years, first surged by 4,078.50% in 2022, then slumped by 83.71% in 2023.
  • Bitfarms' Asset Writedowns and Impairment (Yearly) stood at $1.8 million in 2021, then spiked by 4,078.50% to $75.2 million in 2022, then crashed by 83.71% to $12.3 million in 2023, then slumped by 70.39% to $3.6 million in 2024.