According to Deep Tide TechFlow, on May 4, cryptocurrency mining company Bitfarms released its operational report for April. The company announced a $300 million financing agreement with Macquarie Group, with funds to be used for building a high-performance computing data center at Panther Creek.
In April, Bitfarms mined a total of 268 bitcoins, maintaining an operating hash rate of 19.5 EH/s. By the end of April, the company held 1,005 bitcoins, valued at approximately $94 million. CEO Ben Gagnon stated that the company will focus on developing U.S. energy and HPC infrastructure to create sustainable shareholder value.