Bitfarms Announces $375 Million Market Stock Issuance Plan

According to Foresight News, Bitcoin mining company Bitfarms has announced a $375 milli

2024-03-10 00:36:38   作者:  链谈快讯

According to Foresight News, Bitcoin mining company Bitfarms has announced a $375 million market stock issuance plan, allowing the company to decide on the sale of its common shares through agents from time to time during the plan's duration. The company intends to use the net proceeds, if any, primarily for capital expenditures to support the growth and development of its existing mining business, as well as for working capital and general corporate purposes. As the common shares will be allocated at the prevailing trading price at the time of sale, the price may vary among buyers and during the allocation period.

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