Hive Digital Technologies (Hive) agreed to buy a place in Paraguay of the companions Bitcoin Miner Bitfarms (Bitf) for a total of $ 85 million, including the alleged obligations.
The acquisition of the site in Yguazú, Paraguay, will be more than Triple Hive hash.
It will pay a total of $ 56 million for the site, will reimburse $ 19 million deposits for energy purchase commitments and another $ 10 million for “remaining capital obligations,” Bitfarms said in a separate statement.
Hive estimated that the development of the location at a 200 MW site is $ 400,000 per MW.
Hive shares, which fell more than 10% to $ 2.78 on Monday in the middle of the total sale related to the deep in crypto and capital markets, 4.68% more at $ 2.91 are negotiated in the negotiation prior to the market. Bit Farms is 4.29% higher than $ 1.46.
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