Bitfarms Sells LatAm Facility for $30M, Focuses on North American Operations
Bitfarms is exiting Latin America through the sale of its Paraguayan site for $30 million. According to reports, this sale will shift the company’s energy operations to become “100% North American.” The development indicates a strategic realignment for Bitfarms, concentrating its resources and infrastructure within North America. The sale represents a significant geographical shift in the company's operational focus.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.