BITF Investors See New Options Trading
ByAinvest
Friday, Oct 10, 2025 10:57 am ET1min read
BITF--
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 [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 [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 [2].
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 [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 [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 [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 [2].
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