Backbone Hosting Solutions Inc. functioning under Bitfarms has entered into an agreement with the GMP Securities L.P. and Powerone Capital Markets Limited, investment banks in Canada. The money worth $39 million to be raised by debentures is to diversify the crypto mining business. The Blockchain Mining Limited listed with Tel Aviv Stock Exchange is to merge with Bitfarms.
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Bitfarms to receive $39 million for Diversifying Crypto MiningIncryptsMar 05, 20180643
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