6D·

Bitfarms: Next IREN/ Nebius

$BITF (+12.52%) is in almost identical business to $IREN (+1.39%) and $CIFR (+2.62%) and are currently investing heavily in data centers and could get a deal in the near future. They don't have an HPC customer yet, which is why I think they will take the first offer, which I think is very likely. This would be extremely bullish (possible 10x). The infrastructure is needed and Bitfarms is delivering...

Also something for the friends:

@BamBamInvest

@Multibagger

@Tenbagger2024

16 Comments

Chris@Multibagger

But they are not really comparable with $NBIS, or do you mean because of possible returns

•

All-in-or-nothing@All-in-or-nothing

@Multibagger I'm pretty sure that's because of the yield😉.

•

BamBamInvest@BamBamInvest

I think that everyone will get rid of their capacities at some point, when increased demand meets limited supply, you know what happens and those who have not yet built or will have to buy land, contracts, electricity etc. will pay the price. Some companies are already entering into long-term contracts without even having the capacity built/available, what will happen here? 😊 I believe that sooner or later many will benefit if they do it right.

•

John@Doe

I am invested and am thinking about buying more at the next opportunity.

•

Aktienfox@Aktienfox

@Multibagger was therefore the direct comparison with Irish and Cipher in terms of returns

•

Maximilian@Max095

How far do you think $BITF could still rise? I am currently up almost 20%

•

Chris@Multibagger

@Max095 5€ for a start. But honestly, I have no idea.

•

Maximilian@Max095

@Multibagger unfortunately not me either 😂 but 5€ would be nice

•

Klein-Anleger1@Klein-Anleger1

@Multibagger are you already in and @Max095 still in?

••

Maximilian@Max095

@Klein-Anleger1 am still invested

•

Chris@Multibagger

@Klein-Anleger1 no, not yet

•

Der Spekulant@Derspekulant1

I would rather be at $WULF, although $IREN has better key figures.

•

financial_guru_1683@financial_guru_1683

The new CEO alone convinces me

••

Stephan K.@StrahlemannLP

Well, they are currently focusing on making a healthy push with Bitcoin mining and investing in further expansion. Computing HPC workloads with what is currently being used is rather difficult and I don't think Bitfarms can currently do that. However, the pipeline sounds quite nice and I've joined with play money. Let's see where it goes!

••

Maximilian@Max095

As soon as the crypto winter arrives, $BITF will also collapse again

••

All-in-or-nothing@All-in-or-nothing

@Max095 that absolutely depends on what happens in the HPC area by then passiert🤷🏼‍♂️. I am and will remain on board for the time being. Hope to hear from you soon about a contract (hopefully as big as possible) in this area😉.

••