Bitfarms (KEEL) revenue breakdown
By product, Cryptocurrency Mining is the largest at 90% of fiscal 2025 revenue, growing 34% a year over 2 years.
By region, Foreign - United States is the largest at 51% of fiscal 2025 revenue, growing 219% a year over 2 years.
Revenue by product
Fiscal years, as Bitfarms reports them in its 10-K filings; fiscal 2025 total $229M.
| Products | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|
| Cryptocurrency Mining | $115M | $128M | $206M | 90% |
| Energy sales | — | — | $14M | 6% |
| Electrical Services | $5M | $5M | $5M | 2% |
| Cryptocurrency Hosting | — | — | $4M | 2% |
Revenue by region
Fiscal years, as Bitfarms reports them in its 10-K filings; fiscal 2025 total $229M.
| Regions | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|
| Foreign - United States | $11M | $16M | $116M | 51% |
| Canada | $109M | $117M | $113M | 49% |
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Where does Bitfarms make its money?
In fiscal 2025, by product: Cryptocurrency Mining $206M, Energy sales $14M, Electrical Services $5M, Cryptocurrency Hosting $4M.
From Bitfarms's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.