Techub News reports that Nasdaq-listed Bitcoin mining company Bitfarms announced 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 mine for $30 million, officially exiting the Latin American market. It is 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 the closing.
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Techub News reports that Nasdaq-listed Bitcoin mining company Bitfarms announced 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 mine for $30 million, officially exiting the Latin American market. It is 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 the closing.