[Bitfarms Plans to Issue $300 Million Convertible Bonds] Bitcoin mining company Bitfarms announced plans to issue $300 million in unsecured convertible bonds, maturing in 2031, with interest payable semi-annually starting from July 2026. The bonds can be converted into cash or common stock, and the funds raised will be used for corporate operations and hedging against dilution risks from conversion. Recently, Bitfarms appointed energy advisor Jonathan Mir as Chief Financial Officer and plans to relocate to the United States. Convertible bonds are becoming a low-cost financing trend for mining companies, with Cipher Mining and TeraWulf also adopting similar fundraising methods.