Bitfarms ( (TSE:BITF) ) just unveiled an update.
Bitfarms has entered into an initial agreement with Macquarie Equipment Capital, Inc. for a private debt facility of up to $300 million to fund the development of its Panther Creek data center in Pennsylvania. This partnership with Macquarie, a major infrastructure investor, is expected to accelerate Bitfarms’ project development and strengthen its position in the HPC market, particularly in light of the growing demand for AI-related infrastructure.
More about Bitfarms
Bitfarms Ltd. is a global energy and compute infrastructure company that focuses on developing high-performance computing (HPC) data centers. The company is involved in the energy and infrastructure sectors, with a market focus on providing reliable and scalable data center solutions.
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Technical Sentiment Signal: Buy
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