Should You Buy Bitfarms Before March 31?

By Lyle Daly – Mar 24, 2026 at 4:51PM ESTKey PointsIn November, Bitfarms announced plans to switch from Bitcoin mining to high-performance computing and AI infrastructure.Its Q4 2025 earnings should provide an early idea of how the move is going.Bitfarms (BITF 4.33%) will report its fourth-quarter and full-year 2025 earnings on March 31 before the market opens. Since the company is going through a big transition, from Bitcoin mining to artificial intelligence (AI) infrastructure, this next earnings report is an important one. It could also have an outsize impact on the share price. If you already own Bitfarms or have it on your watch list, you may be wondering whether you should add shares in the lead-up to earnings. Image source: Getty Images. There's certainly a chance Bitfarms' stock pops if it has good news to report. CEO Ben Gagnon first announced plans to wind down Bitcoin mining and transition to high-performance computing (HPC) and AI infrastructure in November 2025. Any customer commitments for Bitfarms' planned AI data centers would be a positive sign. The company has a 2.1-gigawatt North American energy portfolio, so the capacity is there. Gagnon has also said that its Washington state site alone, currently in the process of being converted to handle HPC/AI workloads, "could potentially produce more net operating income than we have ever generated with Bitcoin mining." Now, Bitfarms needs to demonstrate that it can secure tenants to make those claims a reality. ExpandNASDAQ: BITFBitfarmsToday's Change(-4.33%) $-0.10Current Price$2.21Key Data PointsMarket Cap$1.3BDay's Range$2.16 - $2.3452wk Range$0.67 - $6.60Volume25MAvg Vol35MGross Margin-278.35% At this stage, Bitfarms is a risky investment. It's less than six months into its AI infrastructure pivot, which will require significant spending, and it's entering a competitive market. There's no shortage of AI companies building data centers. I'd hold off on buying Bitfarms for now and at least wait to see its Q4 results.Read NextMar 6, 2026 •By Lyle DalyCould This $2 Stock Be Your Ticket to Millionaire Status?Nov 13, 2025 •By Chris MacDonaldWhy Bitfarms Plunged More than 12% Following EarningsOct 16, 2025 •By Eric VolkmanWhy Bitfarms Stock Got Thrashed TodayOct 14, 2025 •By Daily Stock NewsStock Market Today: Bitfarms Extends Rally on Financing Shift and Leadership UpdateOct 8, 2025 •By Daily Stock NewsStock Market Today: Bitfarms Extends Gains as Investors Stay Bullish on the MinerSep 16, 2025 •By Daily Stock NewsStock Market Today: Bitfarms Rises on Strong Retail MomentumAbout the AuthorLyle Daly is a contributing Motley Fool stock market analyst covering information technology and cryptocurrency. Lyle has been a contributor at the financial services company since 2018. His work has been featured on USA Today, Yahoo Finance, MSN, Fox Business, and Nasdaq. Before joining The Motley Fool, he wrote for financial brands including Intuit.TMFLyleDalyX@LyleDalyStocks MentionedBitfarmsNASDAQ: BITF$2.21(-4.33%)-$0.10BitcoinCRYPTO: BTC$70,052.00(-1.27%)-$900.77*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.