According to The Block, Bitcoin-based mining firm Bitfarms Ltd. has agreed to sell its remaining Latin American operations, marking its complete exit from the region as the company refocuses its strategy on energy and data center infrastructure related to artificial intelligence and high-performance computing in North America.The company announced in a press release on Friday that it has reached a definitive agreement with Sympatheia Power Fund, a crypto infrastructure fund managed by Singapore-based Hawksburn Capital, to sell its 70-megawatt Paso Pe mining facility in Paraguay for up to $30 million.Under the terms of the deal, Bitfarms will receive $9 million in cash at closing (including a non-refundable deposit of $1 million already paid) and up to an additional $21 million over the following 10 months, contingent on post-closing milestones.Management stated that this sale effectively brings forward the expected free cash flow from the mine over the next two to three years.Bitfarms CEO Ben Gagnon noted that the proceeds from the sale will be reallocated starting in 2026 to the North American high-performance computing and AI energy infrastructure sector, marking the formal completion of the company’s multi-year plan to scale back its Latin American operations.This sale brings Bitfarms’ energy asset portfolio entirely under the North American umbrella, comprising 341 MW of operational capacity, 430 MW of capacity under construction in the U.S., and a multi-year project pipeline totaling approximately 2.1 GW in the region.Bitfarms is continuing its transition from a geographically dispersed mining business—Bitcoin—to U.S.-based energy assets capable of supporting AI and high-performance computing workloads. The company began signaling this transition in mid-2025, highlighting the higher return potential driven by growing demand for energy-intensive data centers, and subsequently announced plans to convert some of its mining facilities into AI infrastructure.