JonesResearch initiates Bitfarms with Buy, sees 74% upside JonesResearch has initiated coverage of Bitcoin miner-turned-energy compute firm Bitfarms (BITF) with a Buy rating and a $2.00 price target, based on a 15x EV/EBITDA multiple on a blended average of its 2025 and 2026 annual EBITDA estimates. @Bitfarms_io $BITF
600