Wu said that Bitfarms announced it has signed a definitive agreement to sell its 70 MW Bitcoin mining farm in Paso Pe, Paraguay, to the Sympatheia Power Fund managed by Hawksburn Capital in Singapore for up to $30 million. The transaction is expected to be completed within 60 days. After the deal is finalized, Bitfarms will fully exit the Latin American market, and its energy asset portfolio will be adjusted to 100% North America, with plans to reinvest the proceeds from the sale into North American HPC/AI energy and computing infrastructure.

BTC1.56%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)