Bitfarms Ltd. has refinanced a $300 million debt facility with Macquarie Group to support its Panther Creek data center, marking a strategic shift from Bitcoin mining to high-performance computing and AI infrastructure. This pivot has resulted in a 680% surge in Bitfarms' stock over the past six months. The move creates a unique opportunity for thematic ETFs, enabling blockchain funds to indirectly invest in AI, while AI ETFs can leverage repurposed crypto infrastructure. CEO Ben Gagnon emphasized that this strategy will enhance capital access, and Macquarie noted Pennsylvania's potential as an emerging AI hub.