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Benzinga
Benzinga
Business
Akanksha Bakshi

Bitfarms Stock Falls As Convertible Notes Swell To $500 Million

bitcoin mining

Bitfarms Ltd. (NASDAQ:BITF) shares extended their decline Friday after the company boosted its convertible notes offering to $500 million, expanding a deal announced a day earlier that had already pressured the stock.

The move underscores investor interest in the company's debt despite recent turbulence in the Bitcoin mining sector.

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