Bitfarms Considers Defaulting On $20 Million Loan To Renegotiate Debt

In further crypto contagion, Bitfarms Ltd (TSX: BITF) this morning revealed that it is undergoing financial difficulties to some degree. The firm is currently considering defaulting on one of its equipment facilities as a means of entering renegotiation discussions. The loan in question is an equipment financing facility entered into in February 2022 with BlockFi … Continue reading Bitfarms Considers Defaulting On $20 Million Loan To Renegotiate Debt