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Bitfarms seeks to modify loan facility with BlockFi as bear market drags on

Bitcoin (BTC) mining company Bitfarms has unveiled plans to modify an existing loan agreement with BlockFi — a move the company said would reduce its indebtedness amid the...
Bitfarms seeks to modify loan facility with BlockFi as bear market drags on
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Bitcoin (BTC) mining company Bitfarms has unveiled plans to modify an existing loan agreement with BlockFi — a move the company said would reduce its indebtedness amid the bear market.

On Jan. 13, Bitfarm disclosed that it is working with creditors to modify a loan agreement for Backbone Mining Solutions, or BMS, which owns and operates Bitfarms’ 20-megawatt mining facility in Washington state. BMS received a $32 million equipment financing loan from Bitcoin lender BlockFi in February 2022. The loan was secured against existing BMS assets, including its miners and a certain percentage of BTC produced by its mining rigs.

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02-06-2023 11:53:02 (UTC+7)

EUR/USD

1.0766

+0.0004 (+0.04%)

Summary

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EUR/USD

1.0766

+0.0004 (+0.04%)

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Moving Avg:

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GBP/USD

1.2530

+0.0003 (+0.02%)

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USD/JPY

138.91

+0.11 (+0.08%)

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Moving Avg:

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AUD/USD

0.6607

+0.0036 (+0.55%)

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Moving Avg:

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USD/CAD

1.3434

-0.0015 (-0.11%)

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EUR/JPY

149.54

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EUR/CHF

0.9738

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    EUR/USD 1.0766 ↑ Sell  
    GBP/USD 1.2530 ↑ Sell  
    USD/JPY 138.91 ↑ Buy  
    AUD/USD 0.6607 ↑ Sell  
    USD/CAD 1.3434 ↑ Buy  
    EUR/JPY 149.54 ↑ Buy  
    EUR/CHF 0.9738 ↑ Sell  
    Gold 1,996.90 ↑ Sell  
    Silver 24.027 ↑ Sell  
    Copper 3.7300 ↑ Sell  
    Crude Oil WTI 70.47 ↑ Sell  
    Brent Oil 74.67 ↑ Sell  
    Natural Gas 2.170 ↑ Buy  
    US Coffee C 183.95 Sell  
    Euro Stoxx 50 4,257.61 Neutral  
    S&P 500 4,221.02 ↑ Buy  
    DAX 15,853.66 ↑ Buy  
    FTSE 100 7,490.27 ↑ Sell  
    Hang Seng 18,847.00 ↑ Sell  
    Small Cap 2000 1,767.94 ↑ Buy  
    IBEX 35 9,167.50 Sell  
    BASF 44.850 ↑ Buy  
    Bayer 51.90 ↑ Buy  
    Allianz 204.20 ↑ Buy  
    Adidas 150.74 ↑ Buy  
    Lufthansa 9.157 ↑ Sell  
    Siemens AG 156.68 Neutral  
    Deutsche Bank AG 9.578 Neutral  
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$1,980.59 +3.64 0.18%
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RON 95-V22.79023.240
RON 95-III22.01022.450
E5 RON 92-II20.87021.280
DO 0.05S17.94018.290
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Dầu hỏa 2-K17.77018.120
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Ngoại tệMua vàoBán ra
USD23.280,0023.650,00
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GBP28.653,4729.875,26
JPY164,43174,07
KRW15,4818,86
Cập nhật lúc 11:46:31 02/06/2023
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