BITF Investors See New Options Trading

Bitfarms Ltd. (BITF) investors can now trade options with a December 19th expiration. A call contract with a $5.00 strike price has a current bid of $1.35. Selling this call contract as a "covered call" with the stock's current price of $4.69/share would result in a 35.39% total return if the stock gets called away at expiration. The contract's implied volatility is 179%, while the actual trailing twelve-month volatility is 97%.

Bitfarms Ltd. (BITF) has secured $300 million in project-specific financing to fund the first phase of its Panther Creek data center development. The company converted a private debt facility from Macquarie Group into project-specific financing, which will be used to purchase long-lead time equipment and advance the construction of the data center campus in Pennsylvania Bitfarms Shares Jump on $300M Debt Conversion to Advance Pennsylvania Data Center Construction^[2].

The conversion allows Bitfarms to draw down the full facility amount, accelerating the development timelines and providing increased flexibility. The company plans to draw an additional $50 million from the facility, bringing the total amount drawn to $100 million. This funding will support civil works and substation construction at the Panther Creek campus, which are expected to begin in the fourth quarter of 2025 Bitfarms (BITF) Stock Surges After Converting $300M Debt Facility for AI Data Center^[3].

The conversion comes as Bitfarms aims to capitalize on the growing demand for high-performance computing (HPC) and artificial intelligence (AI) infrastructure in Pennsylvania. The state is emerging as a key location for this type of development, with strong energy and fiber infrastructure Bitfarms (BITF) Stock Surges After Converting $300M Debt Facility for AI Data Center^[3].

The stock of Bitfarms Ltd. has shown significant growth in recent months, with shares trading nearly 14% higher in Toronto and over 13% higher in New York following the announcement of the debt conversion. The stock has more than tripled since the start of the year, reaching a market capitalization of $2.2 billion Bitfarms Shares Jump on $300M Debt Conversion to Advance Pennsylvania Data Center Construction^[2].