[Bitcoin Mining Firm Keel Infrastructure Completes $458 Million Convertible Senior Notes Offering] According to Globenewswire, Nasdaq-listed Bitcoin mining firm Keel Infrastructure (formerly Bitfarms) has completed a $458 million convertible senior notes offering with a coupon rate of 1.25%, maturing in 2032. The initial conversion price is approximately $7.41, representing a 25% premium over the June 4 closing price. Part of the funds raised will be used to purchase capped call options to hedge against dilution risks upon note conversion. Keel stated that its existing liquidity is expected to be sufficient to develop the Panther Creek, Sharon, and Moses Lake projects through leasing. The funds raised in this offering will enhance the company's flexibility for general corporate purposes, such as long-term equipment deposits or letters of credit for data center projects.