Bitfarms Stock Falls As Convertible Notes Swell To $500 Million
Posted On October 17, 2025
Bitfarms Ltd. (NASDAQ:BITF) shares extended their decline Friday after the company boosted its convertible notes offering to $500 million, expanding a deal announced a day earlier that had already pressured the stock.
The move underscores investor interest in the company’s debt despite recent turbulence in the Bitcoin mining sector.
• BITF is having a challenging session. Get the complete analysis here.
The new issue consists of $500 million in 1.375% convertible senior notes due 2031, with an option for initial buyers to purchase up to an additional $88 million, bringing the potential total to $588 million. The transaction is expected to close around Oct. 21, subject to …
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