Fri, Mar 8, 2024
Bitfarms announces $375 million at-the-market equity offering program
Key points
- Bitfarms entered into an at-the-market offering agreement dated March 8, 2024 with H.C. Wainwright & Co., LLC as sales agent, establishing an ATM equity program under which the company may sell common shares for aggregate gross proceeds of up to US$375 million. Quarterly amounts sold and remaining authorization are tracked via the ATM datapoints reported in each earnings MD&A.