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Bitfarms (BITF) Tax Provisions: 2020-2024

Historic Tax Provisions for Bitfarms (BITF) over the last 5 years, with Dec 2024 value amounting to -$14.3 million.

  • Bitfarms' Tax Provisions fell 105.13% to -$330,000 in Q1 2023 from the same period last year, while for Mar 2023 it was -$9.7 million, marking a year-over-year decrease of 151.77%. This contributed to the annual value of -$14.3 million for FY2024, which is 3463.59% down from last year.
  • Bitfarms' Tax Provisions amounted to -$14.3 million in FY2024, which was down 3,463.59% from -$401,000 recorded in FY2023.
  • In the past 5 years, Bitfarms' Tax Provisions ranged from a high of $20.5 million in FY2021 and a low of -$17.4 million during FY2022.
  • Moreover, its 3-year median value for Tax Provisions was -$14.3 million (2024), whereas its average is -$10.7 million.
  • In the last 5 years, Bitfarms' Tax Provisions skyrocketed by 11,822.67% in 2021 and then plummeted by 3,463.59% in 2024.
  • Over the past 5 years, Bitfarms' Tax Provisions (Yearly) stood at $172,000 in 2020, then surged by 11,822.67% to $20.5 million in 2021, then tumbled by 184.91% to -$17.4 million in 2022, then skyrocketed by 97.70% to -$401,000 in 2023, then crashed by 3,463.59% to -$14.3 million in 2024.