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 ...
Bitfarms, a leading Bitcoin mining company, has secured a $300 million loan from Macquarie Group to enhance its high-performance computing data centers. Initially, $50 million is earmarked for the Panther Creek project in Pennsylvania, with the remaining funds contingent on meeting specific development goals. Once fully operational, Panther Creek aims to achieve a capacity of ...
Bitfarms Ltd., an energy and compute infrastructure company, has secured a significant private debt facility with Macquarie Group for up to $300 million. This initial agreement allows Bitfarms to access $50 million immediately to cover soft costs for its Panther Creek data center project, with the potential for up to $250 million more as development ...
