Share this article

Why Debt Financing May Be a Double-Edged Sword for Bitcoin Miner Bitfarms

BitFarms used high-interest-rate debt with large balloon payments to expand operations. Now it may struggle to pay off its debt, according to CoinDesk Research.

Updated May 9, 2023, 3:10 a.m. Published Jul 27, 2020, 4:06 p.m.
(Library of Congress)
(Library of Congress)