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Bitfarms upsizes convertible senior notes offering to $500M from $300M

Bitfarms (BITF) announced that it has priced its offering of $500M aggregate principal amount of 1.375% convertible senior notes due 2031. The aggregate principal amount of the offering was increased from the previously announced offering size of $300M, or $360M if the initial purchasers exercise their option to purchase the option in full. The offering is expected to close, subject to customary closing conditions, on or about October 21.

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