Bitfarms enters share purchase agreement to sell Paso Pe site for up to $30M [Yahoo! Finance]
Bitfarms Ltd. (BITF)
Company Research
Source: Yahoo! Finance
crypto infrastructure fund managed by Singapore-based Hawksburn Capital. The transaction is expected to close within 60 days of this release and completes Bitfarms' exit from Latin America. The closing of the transaction is subject to the satisfaction or waiver of customary closing conditions. Under the terms of the SPA, the Buyer will acquire from Bitfarms and its affiliates the shares of the single purpose subsidiary that holds all the operating assets related to its Paso Pe, Paraguay, Bitcoin mining site. The proposed transaction values the operating site at up to $30M, with Bitfarms expected to receive: $9M in cash upon closing of this transaction, expected in Q1 2026. Up to $21M over 10 months following closing based on certain payment milestones. Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential Published first on TheFly – the ultimate s
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BITF
News
- Bitfarms Announces Board Chair Transition in Anticipation of U.S. RedomiciliationGlobeNewswire
- Does Bitfarms (TSX:BITF) Still Merely Mirror Bitcoin or Is Its Strategy Starting to Diverge? [Yahoo! Finance]Yahoo! Finance
- 1 Stock I'd Buy Before NNE [Yahoo! Finance]Yahoo! Finance
- Bitfarms to Present at Needham Growth Conference in NYCGlobeNewswire
- Assessing Bitfarms (TSX:BITF) Valuation As Crypto Miner Shifts Toward HPC And AI Data Centers [Yahoo! Finance Canada]Yahoo! Finance Canada
BITF
Sec Filings
- 1/14/26 - Form 6-K
- 1/7/26 - Form 6-K
- 1/2/26 - Form 6-K
- BITF's page on the SEC website