Bitfarms Secures $300M Debt Facility to Expand Data Center Operations and Boost Cryptocurrency Mining Capacity
Bitfarms Ltd has secured a private debt facility of up to $300 million with Macquarie Group to enhance its Panther Creek data center operations. This financing includes an initial $50 million, with additional funds available after development milestones are met. Analysts are optimistic about Bitfarms, with an average target price of $3.64, indicating a potential ...