CoinWorld January 2 News, Nasdaq-listed Bitcoin mining company Bitfarms announced that it has signed a definitive purchase agreement with Sympatheia Power Fund, a crypto infrastructure fund managed by Hawksburn Capital in Singapore, to sell its Paso Pe mining farm for $30 million (expected to receive $9 million in cash in the first quarter of this year, with the remaining $21 million to be received within 10 months after settlement). This transaction marks Bitfarms' official exit from the Latin American market.
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CoinWorld January 2 News, Nasdaq-listed Bitcoin mining company Bitfarms announced that it has signed a definitive purchase agreement with Sympatheia Power Fund, a crypto infrastructure fund managed by Hawksburn Capital in Singapore, to sell its Paso Pe mining farm for $30 million (expected to receive $9 million in cash in the first quarter of this year, with the remaining $21 million to be received within 10 months after settlement). This transaction marks Bitfarms' official exit from the Latin American market.