Bitfarms Stock Skyrockets on Bitcoin Boom: $500M Deal, AI Pivot Fuel 148% Rally
Bitfarms has been on a tear in 2025, dramatically outperforming the broader market. The stock has skyrocketed ~148% year-to-date as of mid-Octoberts2.tech, vastly outpacing major indexes. In the past six months alone, BITF shares have risen over +400% in a parabolic uptrendts2.tech. This run-up coincided with a broader crypto resurgence – and Bitfarms’ own strategic shifts – making it one of the best-performing tech/financial stocks this fall. The past week showcased Bitfarms’ trademark volatility. On Tuesday, Oct. 14, BITF spiked as high as $6.20 intraday, a new 52-week peak, before settling to $5.89 at the closets2.tech. Trading volume that session was about 3× the three-month average, reflecting intense speculative interestts2.tech. By Friday Oct. 17, the stock cooled off to $5.01 amid some profit-taking and news of a big financing dealts2.tech. Even after that dip, Bitfarms finished ~19% higher for the week, ranking as the top gainer among financial stocks with market caps above $2Bts2.tech. The company’s market capitalization now hovers around $2.7–2.8 billion at the $5 share pricets2.tech.