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Canadian bitcoin miner Bitfarms buys 1,000 BTC for $43 million

Bitfarms has added 1,000 BTC to its bitcoin holdings, with the total outlay costing $43.2 million, the company announced on Monday. The latest BTC acquisition sees the Canadian crypto mining outfit holding 4,300 BTC, an increase of about 30% from its previous bitcoin treasury balance. Monday’s announcement comes less than a fortnight after Bitfarms secured a $100 million loan from Galaxy Digital Holdings. According to the company’s statement at the time, the credit facility did include a $60 million drawdown …