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Bitfarms to sell 70 MW Paraguay site for up to $30M, exiting Latin America
Bitfarms Ltd. said on Friday it agreed to sell its 70‑megawatt Paso Pe bitcoin mining facility in Paraguay for up to $30 million, exiting Latin America. The buyer is Sympatheia Power Fund, managed by Hawksburn Capital, with closing expected within 60 days and $9 million payable at closing, including a $1 million deposit, followed by up to $21 million over ten months.