Bitfarms Ltd. (BITF.TO)

2.6400 +0.0200 (+0.76%) At close: 04:00PM EDT

Bitfarms Ltd.

110 Yonge Street
Suite 1601
Toronto, ON M5C 1C4
Canada
(647) 259-1790
https://www.bitfarms.com

Sector(s): Financial Services
Industry: Capital Markets
Full Time Employees: 170

Key Executives

Name	Title	Pay	Exercised	Year Born
Mr. L. Geoffrey Morphy	President, CEO & Director	940.81k	N/A	N/A
Mr. Jeffrey P. Lucas	Chief Financial Officer	760.76k	N/A	1960
Mr. Benjamin Gagnon	Chief Mining Officer	426.49k	N/A	N/A
Mr. Benoit Gobeil	Executive Vice President - Infrastructure and Operations	N/A	N/A	N/A
Mr. Marc-Andre Ammann	Vice President Finance & Accounting	N/A	N/A	N/A
Ms. Tracy H. Krumme	Senior VP & Head of Investor Relations	N/A	N/A	1968
Ms. Stephanie Wargo	Vice President of Marketing & Communications	N/A	N/A	N/A
Mr. Philippe Fortier	Senior Vice President of Corporate Development	N/A	N/A	N/A
Ms. Andrea Keen Souza	Vice-President of Human Resources	N/A	N/A	N/A
Paul Magrath	Vice President of Taxation & Sustainability	N/A	N/A	N/A

Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. The company was founded in 2017 and is based in Toronto, Canada.

Corporate Governance

Bitfarms Ltd.’s ISS Governance QualityScore as of April 1, 2024 is 9. The pillar scores are Audit: 6; Board: 9; Shareholder Rights: 1; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.