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Bitfarm (BITF.TO)

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Hey everyone! Here is my first stock thesis I am posting on this blog. I wanted to preface this post with the disclaimer that in no way am I suggesting you buy the stock because of this article. This analysis is my own, and I will share my personal convictions and reasons for wanting to invest in the stock. Introduction Bitfarm is a bitcoin mining company that has operations globally (Canada, USA, Paraguay, Argentina) that powers its miners using low-cost renewable energy sources. If you are reading this article I will go with the underlying assumption that you believe in the future viability of Bitcoin. If not, I suggest you skip past this blog as any thoughts or ideas I present will be meaningless for you. However, if you do believe in Bitcoin's future viability, I suggest you continue reading below. To understand the company, we must first have a basis for the asset being mined. For the longest time, I have been opposed to Bitcoin as an alternative to fiat currencies. However, m...
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Why am I here?

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Hello! I'm Seth Adams. I am 23 years old, enrolled at a post-secondary institution in Canada, and have a passion for investing that started when I was around 12 years old. Throughout my investing journey, I have learned a lot by making mistakes and reflecting on what went wrong. However, sometimes it can be confusing. Besides learning from experience, I regularly listen to financial podcasts (The Canadian Investor, Stock Club, Moose on the Loose, Business Breakdowns), read different articles, and engage in investing forums. I also read investing-related books, of which my favourite is "The Psychology of Money" by Morgan Housel. The reason I am here is first and foremost for myself. However, I also welcome you the reader here in hopes that you find some of the information I post useful in your investing Journey as well.  Reasons for the blog: 1. To hold myself accountable for stock purchases Nowadays investing apps are easy to use and often so easy to misuse . The temptati...
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