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Source document· January 2, 2026
Bitfarms Announces Complete Exit from Latam with Sale of its Paso Pe Site for up to $30M
View original at globenewswire.comBitfarms Announces Complete Exit from Latam with Sale of its Paso Pe Site for up to $30M -Rebalances energy assets portfolio to 100% North American- -Bitfarms to reinvest capital in North American HPC/AI energy infrastructure- TORONTO, Ontario and NEW YORK, Jan…
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Bitfarms will be able to generate much stronger returns on invested capital with HPC/AI compared to previous operations
80% confidenceTransaction is expected to close within 60 days
80% confidenceThe transaction brings forward an estimated two to three years of anticipated free cash flows from operations to be reinvested into North American HPC/AI energy infrastructure in 2026
80% confidenceThis transaction accelerates SPF's regional expansion plan with priority on uninterrupted, seamless transition at Paso Pe
80% confidenceThe sale of Paso Pe is the culmination of a series of transactions to completely exit Latam and refocus the company on 100% North American power and infrastructure for HPC/AI
80% confidence