UBS Group AG Decreases Stake in Bitfarms Ltd. $BITF

Posted by Francis Steltz on May 24th, 2026

UBS Group AG lowered its position in Bitfarms Ltd. (NASDAQ:BITF – Free Report) by 43.8% in the fourth quarter, Holdings Channel reports. The fund owned 1,682,439 shares of the company’s stock after selling 1,308,816 shares during the period. UBS Group AG’s holdings in Bitfarms were worth $3,954,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC purchased a new position in Bitfarms in the fourth quarter worth approximately $99,000. Chicago Partners Investment Group LLC lifted its stake in Bitfarms by 13.4% in the fourth quarter. Chicago Partners Investment Group LLC now owns 352,980 shares of the company’s stock worth $830,000 after acquiring an additional 41,782 shares during the last quarter. Round Rock Advisors LLC purchased a new position in Bitfarms in the fourth quarter worth approximately $770,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Bitfarms by 64.6% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 181,611 shares of the company’s stock worth $428,000 after acquiring an additional 71,308 shares during the last quarter. Finally, Farther Finance Advisors LLC lifted its stake in Bitfarms by 144.7% in the fourth quarter. Farther Finance Advisors LLC now owns 11,010 shares of the company’s stock worth $26,000 after acquiring an additional 6,510 shares during the last quarter. Hedge funds and other institutional investors own 20.59% of the company’s stock.

Bitfarms Trading Up 3.7%

Shares of Bitfarms stock opened at $4.81 on Friday. The company has a fifty day simple moving average of $2.89 and a 200-day simple moving average of $2.73. Bitfarms Ltd. has a 12-month low of $0.70 and a 12-month high of $6.60. The company has a current ratio of 3.20, a quick ratio of 3.14 and a debt-to-equity ratio of 0.11. The stock has a market cap of $2.90 billion, a price-to-earnings ratio of -20.91 and a beta of 3.77.

Analysts Set New Price Targets

A number of brokerages recently issued reports on BITF. Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $3.00 price target (up from $2.50) on shares of Bitfarms in a research note on Tuesday, January 27th. HC Wainwright decreased their price target on shares of Bitfarms from $4.00 to $3.70 and set a “buy” rating for the company in a research note on Tuesday, March 31st. Six analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $4.14.

Get Our Latest Analysis on BITF

About Bitfarms

(Free Report)

Bitfarms Ltd. is a publicly traded, vertically integrated Bitcoin mining company listed on the NASDAQ under the ticker BITF. The company engages in the large-scale operation of cryptocurrency mining farms, leveraging specialized computing hardware to validate and secure the Bitcoin blockchain. By converting electrical energy into computing power, Bitfarms plays a critical role in processing transactions on the Bitcoin network and earning mining rewards.

Bitfarms operates data centers in several jurisdictions with access to low-cost, primarily renewable energy sources.