Jan 02, 2026

Bitfarms Exits Latin America with $30 Million Sale of Paraguay Bitcoin Mining Site

TLDR: Bitfarms sells 70 MW Paso Pe site in Paraguay to Sympatheia Power Fund for up to $30 million Transaction completes Bitfarms’ strategic exit from all Latin American mining operations Company to reinvest proceeds into North American HPC and AI energy infrastructure in 2026 Deal structure includes $9M at closing plus $21M over 10 months [...]

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Source: Blockonomi →