Bitfarms Ltd. Files 6-K with Note Indenture
Ticker: BITF · Form: 6-K · Filed: Oct 23, 2025 · CIK: 1812477
| Field | Detail |
|---|---|
| Company | Bitfarms Ltd (BITF) |
| Form Type | 6-K |
| Filed Date | Oct 23, 2025 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt-financing, filing, notes
Related Tickers: BFARF
TL;DR
Bitfarms filed a 6-K with a new Note Indenture and Capped Call Confirmation dated Oct 21/22.
AI Summary
Bitfarms Ltd. filed a Form 6-K on October 23, 2025, reporting on events for the month of October 2025. The filing includes a Note Indenture dated October 21, 2025, and a Form of Capped Call Confirmation as exhibits. Ben Gagnon, Chief Executive Officer, signed the report on October 22, 2025.
Why It Matters
This filing indicates potential debt financing or restructuring activities for Bitfarms Ltd., which could impact its financial leverage and future operations.
Risk Assessment
Risk Level: medium — The filing of a Note Indenture suggests potential debt issuance or restructuring, which carries inherent financial risks.
Key Players & Entities
- Bitfarms Ltd. (company) — Registrant
- Ben Gagnon (person) — Chief Executive Officer
- October 21, 2025 (date) — Date of Note Indenture
- October 22, 2025 (date) — Date of Report Signature
- October 23, 2025 (date) — Filing Date
FAQ
What is the principal amount and interest rate of the Note Indenture dated October 21, 2025?
The provided filing does not specify the principal amount or interest rate of the Note Indenture dated October 21, 2025. Further details would be found within Exhibit 99.1.
What is the purpose of the Form of Capped Call Confirmation?
The Form of Capped Call Confirmation, filed as Exhibit 99.2, is typically related to hedging strategies for convertible debt, aiming to limit the dilution impact for the issuer.
What is the significance of Bitfarms Ltd. filing a Form 40-F instead of a Form 20-F?
Bitfarms Ltd. indicated it files annual reports under Form 40-F, which is used by Canadian companies eligible to use certain forms and schedules under the Multijurisdictional Disclosure System.
Who signed the Form 6-K report on behalf of Bitfarms Ltd.?
The Form 6-K report was signed by Ben Gagnon, Chief Executive Officer of Bitfarms Ltd.
What is the filing date of this Form 6-K?
This Form 6-K was filed with the SEC on October 23, 2025.
Filing Stats: 162 words · 1 min read · ~1 pages · Grade level 10.5 · Accepted 2025-10-22 21:19:17
Filing Documents
- ea0262208-6k_bitfarms.htm (6-K) — 13KB
- ea026220801ex99-1_bitfarms.htm (EX-99.1) — 727KB
- ea026220801ex99-2_bitfarms.htm (EX-99.2) — 229KB
- ex99-1_001.jpg (GRAPHIC) — 6KB
- ex99-1_002.jpg (GRAPHIC) — 7KB
- ex99-1_003.jpg (GRAPHIC) — 7KB
- ex99-1_004.jpg (GRAPHIC) — 7KB
- ex99-1_005.jpg (GRAPHIC) — 6KB
- ex99-1_006.jpg (GRAPHIC) — 10KB
- 0001213900-25-101390.txt ( ) — 1030KB
From the Filing
OF FOREIGN PRIVATE ISSUER UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of October 2025 Commission File Number: 001-40370 BITFARMS LTD. (Translation of registrant’s name into English) 110 Yonge Street, Suite 1601, Toronto, Ontario, Canada M5C 1T4 (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. BITFARMS LTD. By: /s/ Ben Gagnon Name: Ben Gagnon Title: Chief Executive Officer Date: October 22, 2025 1 FORM 6-K EXHIBIT INDEX Exhibits Exhibit No. Description 99.1 Note Indenture dated October 21, 2025 99.2 Form of Capped Call Confirmation 2