Valuation of Publicly Traded Cryptocurrency Mining Companies

Part 2: Bitfarms, Hut 8 Mining, and DMG Blockchain

Dear Crypto Asset Investors,

This article is the second part of a four part series trying to find long and short opportunities on publicly traded mining companies. In this edition, we focus on Bitfarms, and we also cover Hut 8 Mining and DMG Blockchain. We thank Ludovic Thomas of Alpine Tech for his helpful feedback on this article.

How to Value Publicly …