skip to Main Content
bitcoin
Bitcoin (BTC) $ 97,964.25 3.53%
ethereum
Ethereum (ETH) $ 3,345.05 8.56%
tether
Tether (USDT) $ 1.00 0.07%
solana
Solana (SOL) $ 254.50 8.18%
bnb
BNB (BNB) $ 620.84 1.91%
xrp
XRP (XRP) $ 1.18 7.82%
dogecoin
Dogecoin (DOGE) $ 0.385277 2.00%
usd-coin
USDC (USDC) $ 0.997939 0.29%
staked-ether
Lido Staked Ether (STETH) $ 3,343.73 8.61%
cardano
Cardano (ADA) $ 0.788455 1.91%

Bitcoin Miner Bitfarms Closes $15M Brokered Private Placement

Price action for shares of Bitfarms

Bitcoin Miner Bitfarms Closes $15M Brokered Private Placement

Canadian bitcoin mining firm Bitfarms (BITF) closed a fully subscribed private placement of common shares worth CAD$20 million, or over US$15 million.

  • Bitfarms announced the sale Sunday, per a prior release.
  • In total, the sale consisted of 8,888,889 shares.
  • CEO Emiliano Grodzki said, “It has never been such an exciting time to be a part of the cryptocurrency mining industry.” With miner manufacturers straining to meet the surging demand for new machines, he’s not wrong.
  • Shares of the Quebec-based company are trading hands at $3 currently, up nearly 500% in the past year.
  • Bitfarms has a current market value of $260 million with 85.72 million shares outstanding.
Loading data ...
Comparison
View chart compare
View table compare
Back To Top