Bitfarms sell 70 MW mine for Paraguay for up to $30M, comot from Latin America to reinvest for North America

Bitfarms Ltd. don agree to sell im 70 MW Paso Pe Bitcoin mining plant wey dey Paraguay give Sympatheia Power Fund (wey Hawksburn Capital dey manage) for up to $30 million. Di buyer go buy di subsidiary wey get Paso Pe. Payment terms talk say dem go pay $9 million cash for closing (inside am na $1 million non‑refundable deposit wey dem don already pay) plus up to $21 million wey go follow based on milestones wey dem expect to pay over about 10 months. Di transaction get normal conditions and dem expect make e close in about 60 days. Bitfarms CEO talk say di sale go speed up two to three years worth of expected free cash flow, wey di company wan redeploy into North American digital infrastructure — dem go focus more on high‑performance computing (HPC), AI energy infrastructure and crypto data centers — and so e mean dem don finish dem exit from Latin America. After di deal Bitfarms report say e get portfolio of 341 MW energized capacity, 430 MW wey dey under active development (all for U.S.), and 2.1 GW multi‑year pipeline across North America (about 90% for U.S.). Sympatheia talk say dem go keep Paso Pe operations steady and dem go pursue regional expansion for crypto infrastructure. Market dem react well and Bitfarms shares climb because of di news. This move show di bigger industry trend where miners dey sell overseas assets, improve liquidity and shift capital to U.S./Canadian operations and AI/compute‑linked projects.