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Bitfarms seeks to modify loan facility with BlockFi as bear market drags on

“During 2022, Bitfarms began taking proactive actions to increase financial flexibility and to reduce indebtedness and capital expenditure obligations,” according to CFO Jeff Lucas.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitfarms seeks to modify loan facility with BlockFi as bear market drags on

“During 2022, Bitfarms began taking proactive actions to increase financial flexibility and to reduce indebtedness and capital expenditure obligations,” according to CFO Jeff Lucas.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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