Hive Digital Technologies (HIVE) has agreed to buy a site in Paraguay from his colleagues Bitcoin Miner Bitfarms (BitF) for a total of $ 85 million, including the supposed obligations.
The acquisition of the site in Yguazú, Paraguay, will be more than the Hashrate of Triple Hive at 25 Exehash per second (EH / S) by September, Hive said on Tuesday.
He will pay a total of $ 56 million for the site, will reimburse $ 19 million in deposits for electricity purchase commitments and an additional $ 10 million for “remaining capital obligations,” said Bitfarms in a press release distinct.
Hive estimated that the development of location in a 200 MW site or $ 400,000 per MW.
Hive shares, which dropped more than 10% to $ 2.78 on Monday, in the middle of the sale linked to Deepseek on the cryptography and shares markets, are negotiated 4.68% at $ 2.91 in $ 2.91 in $ 2.91 in $ 2.91 pre-commercial exchange. Bitfarms is more than 4.29% to $ 1.46.
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