Toronto

Bitfarms Sells 3000 BTC in Loan Repayment to Galaxy Digital

Bitfarms sold 3K Bitcoin as part of strategy to improve liquidity

Toronto-based crypto firm Bitfarms has sold a total of 3,000 Bitcoin (BTC) over the last seven days and adjusted its HODL strategy to improve liquidity and strengthen

Canadian bitcoin mining startup Bitfarms

Bitfarms Sells 3,000 BTC to Help With Liquidity Amid Market

Bitfarms sells 3K bitcoins to improve liquidity amid 'extreme

Canadian bitcoin mining startup Bitfarms sold around $62 million worth of Bitcoin (BTC) in June, using the revenues from the transaction to pay its debt. In a Tuesday

The recent liquidation of

Canadian crypto mining giant Bitfarms has reneged on its hodling strategy and is instead selling 3,000 bitcoins for $62 million amid a recent market rout squeezing

Bitcoin miner Bitfarms paid down a $100 million bitcoin-backed loan with the sale of 3,000 BTC in the last week while securing an additional $37 million facility

The recent liquidation of 3000 BTC comes in order to pay back the $100 million loan to Galaxy Digital. Bitfarms said that the financial liquidity will help them in this

Bitfarms has ditched its

Bitfarms has ditched its “ hodling ” strategy and begun selling its mined bitcoin (BTC) to pay off loans and shore up its balance sheet. The Toronto-based

Bitfarms (NASDAQ: BITF) has sold 3K bitcoins (BTC-USD) for $62M over the past week in an effort to improve liquidity and strengthen its balance sheet, as the crypto

Bitfarms gives up 3,000 BTC to pay down $100 million loan from

Bitfarms Sells 3,000 Bitcoin To Adjust HODL Strategy Amid A

Bitfarms Sells 3,000 Bitcoin To Increase Liquidity and

Bitfarms Sold 3K Bitcoin To Boost Liquidity And Pay Debts

In a Tuesday announcement

In a Tuesday announcement, Bitfarms said it had sold 3,000 Bitcoin in the last seven days, roughly 47% of the crypto mining firm’s roughly 6,349 BTC holdings.

Crypto Miner Bitfarms Sells Bitcoin to Reduce Debt, Boost Liquidity