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Bitcoin Miner Bitfarms Announces $300M Convertible Note Offering

Published on October 15, 2025

Categories: Bitcoin Mining Corporate Finance Investment

Bitcoin mining firm Bitfarms has filed for a $300 million convertible note offering. The capital raised will be allocated to general corporate purposes, including measures to hedge against potential share dilution from future conversions.

Bitcoin Miner Bitfarms Plans $300M Convertible Note Offering

Bitfarms, a prominent Bitcoin mining company, has formally filed for a convertible note offering aiming to raise $300 million. The company announced its intention to deploy these funds for “general corporate purposes.” A key part of their strategy involves using a portion of the funds to execute capped call transactions, which are designed to mitigate the effects of share dilution that could arise from the conversion of these notes in the future.

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A high-tech data center filled with mining rigs, with subtle Bitcoin logos, overlooking a stack of financial documents and a chart showing a $300 million value. The scene should convey corporate finance and digital currency mining.