Diesen Artikel teilen
Bitfarms Closes Its Second $15M Private Placement in a Week
Bitfarms was able to sell far few shares for the same amount of proceeds thanks to a 45% rise in its stock price in the last week.
Von Zack Voell
Aktualisiert 10. Dez. 2022, 1:46 p.m. Veröffentlicht 14. Jan. 2021, 2:08 a.m. 1 min readÜbersetzt von KI
Public cryptocurrency mining company Bitfarms (BITF)https://hashrateindex.com/stocks/bitf-cv closed its second private placement of shares Wednesday worth CAD$20 million, or over US$15 million, a week after closing another $15 million placement.
- The sale consisted of 5,586,593 common shares, per a release, over 3 million fewer shares than its first placement.
- The proceeds will fund the acquisition of additional mining machines and the expansion of its mining facilities.
- Shares of the Quebec-based company are trading hands at $4.37 currently, up more than 45% from the price when Bitfarms closed its first placement.
- Bitfarms has a current market value of $374 million with over 85 million shares outstanding, per data from Ycharts.
Read more: Bitcoin Miner Bitfarms Closes $15M Brokered Private Placement
Mehr für Sie
NYDIG, meanwhile, rejected the basis-trade theory, citing the large discount and the lack of an unusual spike in corresponding CME bitcoin futures volume.
Was Sie wissen sollten:
- A $1.26 billion block sale of BlackRock’s IBIT shares was likely a rapid exit by a large investor, not an arbitrage unwind, according to NYDIG.
- The seller of the $1.26 billion IBIT block accepted a 2.3% discount ($29.5 million loss), signaling a priority on speed and certainty over maximizing price.
Top Stories
