Bitfarms Raises $300 Million for AI-Driven Growth and US Expansion

Bitfarms secured a significant funding boost of up to $300 million from Macquarie Equipment Capital. This investment will fuel the company’s expansion plans, including its ambitious foray into artificial intelligence (AI) infrastructure. Bitfarms’ Panther Creek data center project, already expanded through this recent acquisition, will be a key beneficiary of this funding. The facility provides ample energy capacity for future growth in both AI and traditional cryptocurrency mining.