Vertua Property Inc. has successfully leased a property to Nasdaq listed Bitfarms Limited in a deal orchestrated by James Manning.
This transaction marks a significant step for Bitfarms as it assumes control of a site in Sharon, PA, aimed at expanding its cryptocurrency mining operations. The leased facility is set to enhance Bitfarms’ capabilities and support its strategic growth in the U.S. market.
Importantly for Vertua Property Inc it shows the strategic value of its 120MW facility in Sharon,PA. Vertua acquired the site in 2022 and previously leased the site to Mawson Infrastructure Group Inc. For more details on the transaction, you can visit the official press release from Bitfarms here.