Peterson McVicar Acts for Bitfarms in $100 Million Credit Facility
On December 31, 2021 Bitfarms Ltd. (“Bitfarms” or the “Company”) announced that it had secured a $100 million credit facility with Galaxy Digital LLC backed by Bitcoin.
Founded in 2017, Bitfarms is a global Bitcoin self-mining company, running vertically integrated mining operations with onsite technical repair, proprietary data analytics and Company-owned electrical engineering and installation services to deliver high operational performance and uptime.
Peterson McVicar Acts for Red Cloud in Upsize of Fission 3.0 Brokered Private Placement to up to C$7.5 Million
Peterson McVicar acts for Bitfarms as it Acquires 24 Megawatts of Hydro Power in the U.S. and Enters into Memorandum of Understanding to Expand Up to 99 MW