Bitfarms Ltd. (TSXV:BITF) will seek acquisitions. Bitfarms has closed its previously announced private placement of equity securities. The Offering was for gross proceeds of approximately CAD 75 million and consisted of the sale of 14,150,944 common shares, along with warrants to purchase an aggregate of up to 10,613,208 common shares, at a purchase price of CAD 5.30 per common share and associated warrant. The net proceeds of the Offering will be used by the Company principally to acquire additional miners, expand infrastructure and improve its working capital position, in support of its plans to increase its hashrate in 2021 to 3.0 EH/s, then grow to 8.0 EH/s in 2022.