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