Bitfarms has reached an initial agreement for a private debt facility of up to $300 million from Macquarie Equipment Capital to support its Panther Creek data center project in Pennsylvania.
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Authors
Denis Omelchenko
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Macquarie Group
Bitfarms
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The Macquarie-backed loan will support Bitfarms' transition toward AI and high-performance computing infrastructure, which Ben Gagnon, Bitfarm CEO, described as arriving at a pivotal time amid rising infrastructure demand
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