Bitfarms proposes $300 million convertible senior notes after shares rise 500% in three months

Bitfarms (BITF) announced it intends to offer $300 million in convertible senior notes due 2031, with an option for initial purchasers to buy up to an additional $60 million of the notes during a 13-day launch period. From July 16 to October 15, BITF shares are up 522%. Get these headlines directly to your inbox: subscribe to Blockspace. Bitfarms’ proposed notes will be senior unsecured obligations accruing interest semi-annually on January 15 and July 15, beginning July 15, 2026, and will mature on Janua ...