Bitfarms has announced the commencement of a private debt facility agreement with a division of the Macquarie Group. The initial drawdown will close at $50 million, and the total amount available could be up to $300 million upon the conclusive project loan documentation.
This early-stage investment from a division of the Macquarie Group, one of the world’s largest infrastructure investors, further underscores the appeal of Bitfarms’ potential High Performance Computing (HPC) data center development pipeline. Of particular interest is the near-term project at Panther Creek.
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