Hive Digital to acquire Bitcoin mining facility in Paraguay

Bitcoin miner HIVE Digital acquires Bitfarms’ site to scale operations by 400%
HIVE Digital acquires Bitfarms’ 200 MW Bitcoin mining site in Paraguay for $85M, aiming to scale operations by 400% and boost global hashrate to 25 EH/s by September 2025.
Bitcoin Mining Firm HIVE Digital Acquires Bitfarms Site
Mining Firm HIVE Digital's $56 million acquisition of Bitfarms' 200-MW Paraguay mine increases the hashrate and sustainability.
Hive Digital to acquire bitcoin mining facility in Paraguay for $56M
Technologies announces the signing of a binding letter of intent with Bitfarms to acquire the Yguazu 200 megawatt, MW,
Bitcoin Miners Hive, Bitfarms Rise Pre-Market On $85M Paraguay Site Deal: Retail Has Mixed Feelings
Hive Digital Technologies (HIVE) shares rose 2.5% in pre-market trading on Tuesday after the Bitcoin miner announced an $85 million acquisition of a site in Yguazú, Paraguay, from fellow Bitcoin miner Bitfarms (BITF).
HIVE gains on plan to acquire 200 MW hydro-powered Bitcoin mining facility in Paraguay from Bitfarms
HIVE Digital Technologies Ltd., a global leader in sustainable data center infrastructure, is set to acquire the Yguazú 200 megawatt (MW) hydro-powered Bitcoin mining facility in Paraguay from Bitfarms Ltd.
Bitfarms to sell Paraguay bitcoin mining site to HIVE for ~$85M
Bitfarms (BITF) has announced a binding Letter of Intent to sell its 200 MW site in Yguazu, Paraguay, to HIVE Digital Technologies (HIVE) for approximately $85 million.
Bitfarms Sells Major Paraguay BTC Mining Site to Hive Digital for $85M
Hive Digital Technologies has decided to buy Bitfarms' 200 MW Yguazu mining facility in Paraguay to reach 25 EH/s by Q3 2025.
Bitfarms Enters into a Binding LOI with HIVE Digital Technologies for the Sale of its Yguazu, Paraguay Site
Terms Under the terms of the binding LOI, HIVE will purchase from Bitfarms its 100% ownership stake of its Yguazu, Paraguay Bitcoin mining site. The proposed transaction values the completed site at approximately $85 million, inclusive of approximately $19 million of power deposits with ANDE and the assumption of remaining capital obligations.
Bitfarms sells Paraguay site to Hive for $85M, refocuses on US
Bitfarms sells its 200 MW Paraguay Bitcoin mining site to Hive Digital for $85 million, reinvesting in US Bitcoin and AI ...
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Bitcoin Mining Economics Expected to Be Stable, Profitable in 2025, Canaccord Says
Mining fundamentals are strong with the cost to mine around $27K per bitcoin (BTC) for the larger players, the report said.