Bitfarms Expands Internationally with Strategic Acquisition: A Move to Boost Operational Capabilities and Competitive Edge in the Cryptocurrency Mining Industry
ByAinvest
Wednesday, Aug 6, 2025 3:16 am ET1min read
BITF--
Bitfarms has acquired a 200 MW site in Paraguay for $85 million, expanding its international presence and consolidating the bitcoin mining sector. The acquisition aligns with the industry's focus on securing future power resources and managing costs. The deal is expected to boost Bitfarms' operational capabilities and strengthen its competitive edge in the evolving cryptocurrency mining industry.
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