Bitfarms Enters into Initial Agreement for Private Debt Facility with a division of Macquarie Group for up to $300 Million to Fund Initial HPC Project Development at Panther Creek
Initial draw at close of $50 million, with up to a total of $300 million available upon entry into definitive project loan documentationEarly-stage investment from a division of Macquarie Group, one of the world's largest infrastructure investors, further validates the attractiveness of Bitfarms' potential HPC data center development pipeline, especially its near-term project at Panther CreekA $300 million facility is expected to provide the necessary capital for Bitfarms to fund the initial portion of the Panther Creek data center development and buildout in a non-dilutive manner This news release constitutes a "designated news release" for the purposes of the Company's amended and resta
