Articles for tag: AI Demand, Bitcoin Mining, Bitfarms, cryptocurrency expansion, high-performance computing, Macquarie Group, Panther Creek

Market News

Bitfarms Secures $300 Million Loan from Macquarie to Boost Bitcoin Mining Operations and Expansion Plans

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 ...

Market News

Bitfarms Secures Up to $300 Million Debt Facility from Macquarie Group for Panther Creek HPC Project Development

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 ...

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