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Bitfarms sells Paraguay site to Hive for $85M, refocuses on US

Bitfarms will sell its largest Paraguay mining farm to Hive Digital for $85 million as it focuses on US expansion in Bitcoin and AI infrastructure.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitfarms sells Paraguay site to Hive for $85M, refocuses on US

Bitfarms will sell its largest Paraguay mining farm to Hive Digital for $85 million as it focuses on US expansion in Bitcoin and AI infrastructure.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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