05:12 PM EDT, 10/15/2025 (MT Newswires) -- Bitfarms ( BITF ) said late Wednesday it is planning to offer $300 million of convertible senior notes due 2031.

The company said it expects to grant initial purchasers an option to buy up to an additional $60 million of the notes. It plans to use the net proceeds for general corporate purposes.

The shares were down over 4% in after-hours activity.