Bitfarms Soars 11.11% on $300M Debt Facility

On May 12, 2025, Bitfarms' stock surged by 11.11% in pre-market trading, reflecting a strong bullish sentiment among investors.

Bitfarms has recently secured a private debt facility of up to $300 million from Macquarie Equipment Capital, a division of Macquarie Group. This funding is aimed at supporting the company's initial high-performance computing (HPC) project development, which is expected to enhance its energy and compute infrastructure capabilities.

Additionally, Bitfarms reported a significant increase in its hashrate and operational expansion. This development underscores the company's commitment to scaling its operations and maintaining its competitive edge in the digital assets infrastructure sector.