Bitfarms Sells Paraguay Mining Facility, Shifts Focus to AI Infrastructure
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 05 2026- Strategic Shift: Bitfarms completes the sale of its final mining facility in Paraguay, valued at up to $30 million, marking a full withdrawal from the South American market and a pivot towards AI and high-performance computing infrastructure in North America.
- Capital Reallocation: The transaction will provide Bitfarms with $9 million in cash at closing, with additional payments of up to $21 million scheduled over the next 10 months contingent on milestone completion, thereby accelerating expected free cash flow from the asset.
- Updated Energy Portfolio: Post-sale, Bitfarms' energy portfolio will be entirely North American, featuring 341 MW of energized capacity and 430 MW under active development, indicating strong growth potential in the U.S. market.
- Future Strategic Planning: Management has identified 2026 as a transition year, with plans to gradually reduce bitcoin mining exposure and achieve a more decisive exit by 2027, reflecting the company's long-term commitment to AI and HPC infrastructure.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
