Bitfarms Secures Up to $300M from Macquarie to Launch Panther Creek HPC Project
Description
Bitfarms secured $300M in debt financing from Macquarie to fund its 500MW Panther Creek HPC center. The first $50M tranche covers early costs; future draws depend on milestones. The deal includes equity warrants and supports Bitfarms' AI and HPC pivot.
Publish date
Apr 2, 2025 - 6:46am