04-02 19:30 Wednesday
Bitfarms and Macquarie Group reach a preliminary agreement on private debt financing for $300 million
According to official news, Nasdaq listed mining company Bitfarms announced that it has reached a preliminary agreement on private debt financing of $300 million with Macquarie Group to fund the initial HPC project development in Panther Creek, Pennsylvania. The initial financing amount is US$50 million, and the maximum withdrawal amount after the final document is signed is US$300 million. Macquarie Group is expected to fund the initial construction of Panther Creek data center in a non-dilutive manner.
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