Bitfarms (BITF) announced the completion of the sale of its 200 MW data center in Yguazu, Paraguay to HIVE Digital Technologies (HIVE). The accretive transaction is valued at approximately $85M and Bitfarms plans to reinvest capital in U.S. growth opportunities.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BITF:
- Hive Digital closes acquisition of Bitfarms Yguazu facility in Paraguay
- Bitfarms Expands U.S. Presence with Stronghold Acquisition
- Largest borrow rate increases among liquid names
- Sprott Physical Gold Trust Surpasses $10 Billion in Net Asset Value
- Bitfarms announces completion of Stronghold Digital Mining acquisition
