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Reported Earlier, Bitfarms Prices Upsized $500M Convertible Senior Notes Offering At 1.375% Due 2031 With $88M Option Granted

Benzinga·10/17/2025 05:56:48
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  • Opportunistic capital raise for general corporate purposes
  • Either net proceeds from this offering or cash on hand to be used to purchase cash-settled capped calls to offset economic dilution up to a cap of 125% premium to the last reported sale price of Bitfarms' common shares on Nasdaq on the date of pricing