Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Parshwa Turakhiya

Bitfarms Down 30% In 1 Week Despite $588M Raise: Will $4 Be Support?

bitcoin mining

Bitfarms Ltd. (NASDAQ:BITF) shares are trading just above $4 after a sharp correction from this month's highs, as the Bitcoin miner and infrastructure firm completed a $588 million convertible notes offering.

Bitfarms Raises $588 Million, Strengthens Balance Sheet

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.