Bitfarms secures $300m loan to fuel AI and data center growth

Name

Bitfarms secures $300m loan to fuel AI and data center growth

Description

Bitfarms secured up to $300M in private debt from Macquarie to fund its Panther Creek data center. The first $50M tranche is active. The loan supports AI infrastructure growth and follows Bitfarms' recent merger with Stronghold Digital Mining.

Publish date

5:19am, Wednesday, April 2, 2025