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← Keel Infrastructure
Wed, May 7, 2025

Bitfarms secures up to $300 million Macquarie facility for Panther Creek

Source document ↗

Key points

  • New private debt facility with a division of Macquarie Group for up to $300 million, secured in April 2025
  • Proceeds to be used solely to fund HPC data center development at the Panther Creek location
  • April production: 268 BTC earned, 19.5 EHuM operational at month end, fleet efficiency of 19 w/TH
  • Energized capacity of 461 MW at April 30, 2025
  • Treasury of 1,005 BTC, representing $94 million at a Bitcoin price of $94,000 at April 30, 2025