On October 17, Bitfarms Ltd. Revealed the pricing of its offering of convertible senior notes amounting to 500 million USD. With an interest rate of 1.375%, these notes will mature in 2031.
Originally set at 300 million USD, the offering size was increased, allowing initial investors an option to purchase additional notes worth 88 million USD, with the expected closing date around October 21, 2025.
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