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Bitfarms Announces Complete Exit from Latam with Sale of its Paso Pe Site for up to $30M

Barchart·01/02/2026 06:00:00
語音播報

-Rebalances energy assets portfolio to 100% North American-
-Bitfarms to reinvest capital in North American HPC/AI energy infrastructure-

TORONTO, Ontario and NEW YORK, Jan. 02, 2026 (GLOBE NEWSWIRE) -- Bitfarms Ltd. (NASDAQ/TSX: BITF), a North American energy and digital infrastructure company, today announced that it has entered into a definitive share purchase agreement (“SPA”) to sell its 70 MW site in Paso Pe, Paraguay to the Sympatheia Power Fund (SPF), a crypto infrastructure fund managed by Singapore-based Hawksburn Capital. The transaction is expected to close within 60 days of this release and completes Bitfarms’ exit from Latin America. The closing of the transaction is subject to the satisfaction or waiver of customary closing conditions.

Read more at globenewswire.com

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