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Bitfarms Exits Latin America, Share Prices Surge Following $30M Sale

Bryce TuoheyAvatar
Written by Bryce Tuohey Reviewed by Tim Sykes Fact-checked by Matt Monaco
Updated 1/5/2026, 11:33 am ET 1/5/2026, 11:33 am ET | 4 min 4 min read
Bitfarms Exits Latin America, Share Prices Surge Following $30M Sale Thumbnail

Bitfarms Ltd. stocks have been trading up by 9.42 percent amid rising investor optimism in cryptocurrency mining advancements.

Candlestick Chart

Live Update At 11:32:39 EST: On Monday, January 05, 2026 Bitfarms Ltd. stock [NASDAQ: BITF] is trending up by 9.42%! Discover the key drivers behind this movement as well as our expert analysis in the detailed breakdown below.

Quick Financial Overview:

In the past few days, Bitfarms’ stock price had seen fluctuations. On Jan 2, 2026, it opened at $2.78 and climbed to $2.88 during the day. This upward movement didn’t just happen out of the blue. The company, which mines bitcoins, leveraged operational efficiency to gain a higher share value. Compared to previous months, when the company faced steeper challenges, this price adjustment indicated a strategic, beneficial turn of events.

Their financial ratios reveal some weaknesses, such as a negative profit margin but strong liquidity with a current ratio of 3.2. This suggests that while profitability has been an issue, the liquidity position remains strong. A child can understand this like having enough pocket money saved up for emergencies even when you aren’t earning a lot weekly. Besides, although their overall long-term debt is low, maintaining a strong asset position helps them cushion against negative shocks, similar to a baseball player having extra padding for safety.

The Impact of the Sale:

Bitfarms has pivoted its strategy. The company announced selling its 70-megawatt site in Paraguay. It may sound like a big number, but think of it as two large soccer stadiums combined in terms of size. With this move, Bitfarms is almost like an athlete narrowing their focus on a single sport to achieve mastery. They have sold the site to Sympatheia Power Fund for up to $30M. This figure, capital, shall be reinvested in the North American energy infrastructure, mainly focusing on advanced technologies like AI energy systems.

More Breaking News

This divestment from Paraguay marks Bitfarm’s complete withdrawal from Latin America’s operations. For many investors, this signals a shift towards regions seen as more stable or promising, basically like planting seeds where there’s richer soil. Strategically this approach foretells high growth potential and leaves room for enhancing the technology backbone of their operations in North America.

Market Reactions:

The stock jumped over 9% after this strategic shift was announced. Investors are like bees to honey when favorable financial news emerges. It’s partly because market analysts have viewed the over 70-megawatt facility investment positively, aligning more resources to North America where the heart of tech advancement beats stronger.

Conclusion:

The story of Bitfarms reveals strategic growth initiatives focused on high-profit corridors. With the company refocusing its energies, and given its move from Latin America to North America, their approach mirrors someone tidying up extensively to present their best selves. This strategic shift aligns well with the trading philosophy, as millionaire penny stock trader and teacher Tim Sykes says, “It’s better to go home at zero than to go home in the red.” It highlights the pragmatic approach of prioritizing stability and avoiding unnecessary risks in their operations. From here, potential for growth seems promising. Many will keep an eye on how acutely they can focus these investments while capturing potential from emerging AI technologies in energy. Only time can tell the richness of these new fields, but many analysts suspect Bitfarms to prosper, planting digital seeds of growth in fertile North American soil.

This is stock news, not investment advice. Timothy Sykes News delivers real-time stock market news focused on key catalysts driving short-term price movements. Our content is tailored for active traders and investors seeking to capitalize on rapid price fluctuations, particularly in volatile sectors like penny stocks. Readers come to us for detailed coverage on earnings reports, mergers, FDA approvals, new contracts, and unusual trading volumes that can trigger significant short-term price action. Some users utilize our news to explain sudden stock movements, while others rely on it for diligent research into potential investment opportunities.

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Bryce Tuohey

Mentor and Trainer at StocksToTrade.com, Lead Mentor at Small Cap Rockets and To The Moon Report
Bryce’s first pattern was buying into strength in breakouts. But he noticed when they didn’t work, he took bigger losses. When the OTC market got hot, Bryce learned to dip buy the inevitable panics. He adapted his breakout strategy and now buys consolidation and trend breaks. His goal is to have better risk/reward and get an entry before multi-day listed breakouts.
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* Results are not typical and will vary from person to person. Making money trading stocks takes time, dedication, and hard work. There are inherent risks involved with investing in the stock market, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk. See Terms of Service here

The available research on day trading suggests that most active traders lose money. Fees and overtrading are major contributors to these losses.

A 2000 study called “Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors” evaluated 66,465 U.S. households that held stocks from 1991 to 1996. The households that traded most averaged an 11.4% annual return during a period where the overall market gained 17.9%. These lower returns were attributed to overconfidence.

A 2014 paper (revised 2019) titled “Learning Fast or Slow?” analyzed the complete transaction history of the Taiwan Stock Exchange between 1992 and 2006. It looked at the ongoing performance of day traders in this sample, and found that 97% of day traders can expect to lose money from trading, and more than 90% of all day trading volume can be traced to investors who predictably lose money. Additionally, it tied the behavior of gamblers and drivers who get more speeding tickets to overtrading, and cited studies showing that legalized gambling has an inverse effect on trading volume.

A 2019 research study (revised 2020) called “Day Trading for a Living?” observed 19,646 Brazilian futures contract traders who started day trading from 2013 to 2015, and recorded two years of their trading activity. The study authors found that 97% of traders with more than 300 days actively trading lost money, and only 1.1% earned more than the Brazilian minimum wage ($16 USD per day). They hypothesized that the greater returns shown in previous studies did not differentiate between frequent day traders and those who traded rarely, and that more frequent trading activity decreases the chance of profitability.

These studies show the wide variance of the available data on day trading profitability. One thing that seems clear from the research is that most day traders lose money .

Millionaire Media 66 W Flagler St. Ste. 900 Miami, FL 33130 United States (888) 878-3621 This is for information purposes only as Millionaire Media LLC nor Timothy Sykes is registered as a securities broker-dealer or an investment adviser. No information herein is intended as securities brokerage, investment, tax, accounting or legal advice, as an offer or solicitation of an offer to sell or buy, or as an endorsement, recommendation or sponsorship of any company, security or fund. Millionaire Media LLC and Timothy Sykes cannot and does not assess, verify or guarantee the adequacy, accuracy or completeness of any information, the suitability or profitability of any particular investment, or the potential value of any investment or informational source. The reader bears responsibility for his/her own investment research and decisions, should seek the advice of a qualified securities professional before making any investment, and investigate and fully understand any and all risks before investing. Millionaire Media LLC and Timothy Sykes in no way warrants the solvency, financial condition, or investment advisability of any of the securities mentioned in communications or websites. In addition, Millionaire Media LLC and Timothy Sykes accepts no liability whatsoever for any direct or consequential loss arising from any use of this information. This information is not intended to be used as the sole basis of any investment decision, nor should it be construed as advice designed to meet the investment needs of any particular investor. Past performance is not necessarily indicative of future returns.

Citations for Disclaimer

Barber, Brad M. and Odean, Terrance, Trading is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. Available at SSRN: “Day Trading for a Living?”

Barber, Brad M. and Lee, Yi-Tsung and Liu, Yu-Jane and Odean, Terrance and Zhang, Ke, Learning Fast or Slow? (May 28, 2019). Forthcoming: Review of Asset Pricing Studies, Available at SSRN: “https://ssrn.com/abstract=2535636”

Chague, Fernando and De-Losso, Rodrigo and Giovannetti, Bruno, Day Trading for a Living? (June 11, 2020). Available at SSRN: “https://ssrn.com/abstract=3423101”