Bitfarms to sell Paraguay bitcoin mining site to HIVE for ~$85M

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3 days ago

Bitfarms (NASDAQ:BITF) has announced a binding Letter of Intent to sell its 200 MW site in Yguazu, Paraguay, to HIVE Digital Technologies (NASDAQ:HIVE) for approximately $85 million.
This transaction aligns with Bitfarms’ strategic shift towards concentrating its operations in North America, reducing

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