Debt-Fueled AI Pivot Puts Bitcoin Miners to the Test
Record debt and convertible note issuances signal a strategic shift as miners chase growth beyond bitcoin, but execution risk and...
Bitfarms Raises $500M in Convertible Notes to Strengthen Its Crypto Infrastructu...
TLDR: Bitfarms priced a $500M convertible note offering with a 1.375% rate and maturity in 2031 to fund operations. The convertibl...
Bitcoin Network Hashrate Took Breather in First Two Weeks of October: JPMorgan
The total market cap of the 14 U.S.-listed bitcoin miners that the bank covers rose 41% from the end of last month to a record $79...
Bitfarms Launches $300M Convertible Note Offering, Shares Drop Pre-Market
Bitfarms share price has soared over 315% year to date, due to AI/HPC pivot.
Bitfarms Turns Debt Into $300M Fuel for AI and HPC Growth in Pennsylvania
TLDR: Bitfarms restructured its Macquarie debt facility into a $300M project-specific financing deal for Panther Creek. The compan...
Bitcoin Rebounds Above $123K as Miners Rally; VanEck Sees $644K BTC Amid Gold Ga...
The gold rally may need to cool before bitcoin could really gain momentum, suggested another analyst.
Bitcoin Miners' Market Cap Hit a Record in September: JPMorgan
The average network hashrate rose 9% to an average of 1,031 EH/s last month, according to the bank.
Galaxy, Circle, Bitfarms Lead Crypto Stock Gains as Bitcoin Vehicles Metaplanet,...
The sharp moves happened amid a relatively muted action in the broader crypto market, with bitcoin modestly up above $114,000.