Bitfarms secures $300m Macquarie loan to fund AI and HPC expansion
Name
Bitfarms secures $300m Macquarie loan to fund AI and HPC expansion
Description
On April 2, 2025, Bitfarms announced it secured up to $300 million in private debt from Macquarie Equipment Capital to fund its Panther Creek high-performance computing (HPC) data center in Pennsylvania. The first $50 million has been drawn, with further disbursements tied to development milestones.
Publish date
5:00am, Wednesday, April 2, 2025