# Paraguay

Bitfarms has signed a purchase agreement with Sympatheia Power Fund managed by Hawksburn Capital, to sell its 70MW Paso Pe site in Paraguay for up to $30M. It has said it expects a Q1 2026 close and up to $21M in milestone payments, as it exits Latin America and focuses on North American HPC and AI.

Paraguay’s President, Santiago Peña, became the latest high-profile figure to fall victim to a social media hack after his official X account was compromised on Monday. The breach resulted in a fake announcement claiming the country had adopted Bitcoin as legal tender. Paraguay Denies Bitcoin Legal Tender Claim After Presidential Account Hack The message, written unusually in English rather than Spanish, declared that Paraguay had made Bitcoin an official currency. It also...