Bitcoin miner Bitfarms increases its convertible senior notes offering to $500 million
Jinse Finance reported that Bitcoin miner Bitfarms Ltd. has announced the pricing of its offering of convertible senior notes due 2031, with a total principal amount of $500 million and a coupon rate of 1.375%. At the same time, Bitfarms has granted the initial purchasers of the convertible notes an option to purchase up to an additional $88 million principal amount of the convertible notes within 13 days from and including the initial issuance date. The size of this offering has been increased from the previously announced $300 million. Subject to customary closing conditions, the offering is expected to close on or around October 21, 2025.
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