- Bitfarms (NDAQ,TSX:BITF) a global Bitcoin mining stock, will receive C$60 million in U.S. institutional capital through a private placement
- Funds will go toward acquiring additional cryptocurrency miners, expanding infrastructure, and improving the company’s working capital position
- Bitfarms, established in 2017, is a global Bitcoin mining company
- Bitfarms stock (NDAQ,TSX:BITF) has soared by 83.72 per cent year-over-year, lagging behind Bitcoin’s 133.28 per cent return, but remaining well ahead of the S&P/TSX Composite Index’s -1.12 per cent return over the period
Bitfarms (NDAQ,TSX:BITF) a global Bitcoin mining stock, will receive C$60 million in U.S. institutional capital through a private placement.
Funds will be primarily allocated to additional cryptocurrency miners, expanding infrastructure, and improving the company’s working capital…
