AiCoin|Jan 02, 2026 12:25
[Bitfarms Sells Paso Pe Mining Facility for $30 Million, Exits Latin American Market]
Nasdaq-listed Bitcoin mining company Bitfarms announced that it has signed a definitive purchase agreement with the crypto infrastructure fund Sympatheia Power Fund (SPF), managed by Singapore-based Hawksburn Capital, to sell the Paso Pe mining facility for $30 million. It is expected to receive $9 million in cash in the first quarter of this year and the remaining $21 million within 10 months after the transaction is completed. This transaction marks Bitfarms' official exit from the Latin American market.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink