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Mining Firm Bitfarms Announces Completion of $588 Million Convertible Senior Notes Offering

By: theblockbeats.news|2025/10/22 02:45:53

BlockBeats News, October 22, Bitcoin mining firm Bitfarms announced that it has completed a $588 million US dollar offering of 2031 convertible senior unsecured notes, excluding discounts and commissions to initial purchasers and estimated offering expenses, with net proceeds of approximately $568 million US dollars for use in advancing its high-performance computing/artificial intelligence infrastructure in the North American region.

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