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Bitfarms ( (TSE:BITF) ) has shared an announcement.
Bitfarms has agreed to sell its 70 MW Bitcoin mining site in Paso Pe, Paraguay, to the Sympatheia Power Fund for up to $30 million, completing its withdrawal from Latin America and shifting its energy assets portfolio to be fully North American. The transaction, which is expected to close in the first quarter of 2026, will provide $9 million in cash at closing and up to an additional $21 million over 10 months, strengthening Bitfarms’ liquidity and allowing it to accelerate the redeployment of capital into North American high-performance computing and AI-focused energy infrastructure, where management sees greater returns and long-term strategic advantage. Following the sale, Bitfarms’ portfolio will comprise 341 MW of energized capacity, 430 MW under active development entirely in the U.S., and a 2.1 GW multi-year North American pipeline that further concentrates its growth and operations in U.S. data center and power markets.
The most recent analyst rating on (TSE:BITF) stock is a Hold with a C$3.50 price target. To see the full list of analyst forecasts on Bitfarms stock, see the TSE:BITF Stock Forecast page.
Spark’s Take on TSE:BITF Stock
According to Spark, TipRanks’ AI Analyst, TSE:BITF is a Neutral.
Bitfarms’ overall score is primarily impacted by its financial performance, which is weighed down by consistent losses and negative cash flows. The earnings call provides a positive outlook with strategic initiatives, but technical analysis and valuation remain weak, reflecting ongoing challenges.
To see Spark’s full report on TSE:BITF stock, click here.
More about Bitfarms
Bitfarms Ltd. is a North American energy and digital infrastructure company that builds and operates vertically integrated, state-of-the-art data centers and energy infrastructure for high-performance computing and Bitcoin mining. The company manages a 2.1 GW North American energy portfolio, including energized, under-development and pipeline capacity clustered in data center hubs with strong power and fiber access, and is listed on both Nasdaq and the Toronto Stock Exchange.
Average Trading Volume: 8,564,662
Technical Sentiment Signal: Buy
Current Market Cap: C$1.83B
For an in-depth examination of BITF stock, go to TipRanks’ Overview page.