Bitfarms announces proposed offering of us$300 million of convertible senior notes

Toronto, ontario and new york, oct. 15, 2025 (globe newswire) -- bitfarms ltd. (nasdaq/tsx: bitf), a north american energy and digital infrastructure company (“bitfarms” or the “company”), today announced that it intends to offer us$300 million aggregate principal amount of convertible senior notes due 2031 (the “convertible notes”). bitfarms also expects to grant the initial purchasers of the convertible notes an option to purchase, for a 13-day period beginning on and including the date on which the convertible notes are first issued, up to an additional us$60 million aggregate principal amount of the convertible notes. the offering is subject to market and other conditions (including receipt of toronto stock exchange approval), and there can be no assurance as to whether, when or on what terms the offering may be completed.
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