Bitfarms Updates Prospectus Supplement for Existing At-the-Market Offering
purchase securities in the United States. The Common Shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
Bitfarms is excited to continue its growth and development with the filing of the Second Amended and Restated Prospectus Supplement for its existing At-the-Market Equity Offering Program. With US$87 million remaining on the ATM, the Company aims to utilize the proceeds to support mining operations, capital expenditures, and general corporate purposes.
The ATM Program, established in March 2024, allows Bitfarms to sell Common Shares through the Agent on the Nasdaq Stock Market. So far, the Company has distributed 128,888,346 Common Shares, raising approximately US$288 million. The volume and timing of sales are at the discretion of the Company, ensuring flexibility and strategic decision-making.
Investors can access the A&R Prospectus on the Company’s SEDAR profile and the SEC’s EDGAR website for more information. It’s important to note that the offer and sale of Common Shares under the ATM Program are conducted in compliance with regulatory requirements.
Bitfarms looks forward to further progress and innovation with the continued support of its investors and stakeholders. With a focus on sustainability and long-term growth, the Company remains committed to its mission in the evolving landscape of digital mining and finance.
