Bitfarms is selling its 70 MW bitcoin mine in Paso Pe, Paraguay to Sympatheia Power Funds for up to $30 million. The deal includes a $9 million payment upon closing in Q1 2026, with an additional $21 million over 10 months. This marks Bitfarms’ complete exit from Paraguay, focusing on North American HPC/AI energy infrastructure. The company plans to reinvest anticipated free cash flows into its Panther Creek and Scrubgrass sites in Pennsylvania. Sympatheia Power Funds is operated by Hawksburn Capital. BITF stock is up 10% following the news.

Read more at Yahoo Finance: Bitfarms to sell Paso Pe bitcoin mine for $30M as firm quits Paraguay