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Bitfarms Secures $300M for Panther Creek Data Center Development

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Bitfarms Secures $300M for Panther Creek Data Center Development

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Bitfarms ( (TSE:BITF) ) has issued an update.

On October 10, 2025, Bitfarms Ltd. announced an amendment to its loan agreement with Macquarie Equipment Capital, converting a $300 million debt facility into project-specific financing for its data center campus in Panther Creek, Pennsylvania. This amendment allows Bitfarms to draw an additional $50 million to accelerate the development of its high-performance computing and AI infrastructure, positioning the company to meet growing demand in Pennsylvania, a burgeoning hub for AI infrastructure.

The most recent analyst rating on (TSE:BITF) stock is a Buy with a C$3.25 price target. To see the full list of analyst forecasts on Bitfarms stock, see the TSE:BITF Stock Forecast page.

Spark’s Take on TSE:BITF Stock

According to Spark, TipRanks’ AI Analyst, TSE:BITF is a Neutral.

Bitfarms’ stock score is driven by strong technical momentum and positive earnings call highlights, including revenue growth and strategic expansions. However, significant financial performance challenges and valuation concerns weigh on the overall score.

To see Spark’s full report on TSE:BITF stock, click here.

More about Bitfarms

Bitfarms Ltd. is a North American energy and digital infrastructure company that specializes in building and operating vertically integrated data centers and energy infrastructure for high-performance computing and Bitcoin mining. Founded in 2017, Bitfarms is a leader in digital infrastructure with operations throughout the Americas, focusing on U.S. growth with a significant energy pipeline.

Average Trading Volume: 6,155,669

Technical Sentiment Signal: Buy

Current Market Cap: C$3.08B

For a thorough assessment of BITF stock, go to TipRanks’ Stock Analysis page.

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