“Lowering our debt nearly 85% from a high of $165 million in June 2022 to $25 million today has significantly decreased principal and interest obligations, which boosts our cash flow and positions us well for future growth,” Bitfarms CEO Jeff Lucas said in the Thursday press release.
Bankrupt Crypto Lender BlockFi Takes Two-Thirds Haircut to Settle Bitcoin Miner Bitfarms’ Debt
