Articles for tag: analyst projections, Bitfarms, cryptocurrency mining, financial growth, Investment Opportunity, Macquarie Group, private debt facility

Market News

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 ...

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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