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Bitfarms Enters into a Binding LOI with HIVE Digital Technologies for the Sale of its Yguazu, Paraguay Site
BITFBitfarms .(BITF) Newsfilter·2025-01-28 06:00

-Bitfarms to reinvest capital in US growth opportunities- -Accretive transaction values the completed site at ~$85 million and significantly reduces anticipated 2025 capital requirements- -Rebalances YE 2025 proforma energy portfolio to ~80% North American & 20% international- -Reduces expected average power costs by ~10%- This news release constitutes a "designated news release" for the purposes of Bitfarms' second amended and restated prospectus supplement dated December 17, 2024, to its short form base s ...