Bitfarms enters into a binding loi with hive digital technologies for the sale of its yguazu, paraguay site

-bitfarms to reinvest capital in us growth opportunities- -accretive transaction values the completed site at ~$85 million and significantly reduces anticipated 2025 capital requirements- -rebalances ye 2025 proforma energy portfolio to ~80% north american & 20% international- -reduces expected average power costs by ~10%- this news release constitutes a “designated news release” for the purposes of bitfarms' second amended and restated prospectus supplement dated december 17, 2024, to its short form base shelf prospectus dated november 10, 2023. toronto, jan. 28, 2025 (globe newswire) -- bitfarms ltd.
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