Bitfarms (BITF) Transitions from Bitcoin Focus as It Rebrands and Relocates to the U.S.

Big News: Bitfarms Transforms into Keel Infrastructure! 🚀

Bitfarms (BITF) is making groundbreaking changes by relocating its legal base from Canada to the U.S. and rebranding as Keel Infrastructure. This pivot shifts focus from Bitcoin mining to high-performance computing (HPC) and AI workloads, presenting a significant opportunity for growth.

Key Highlights:

• Redomiciling Decision: Requires shareholder, regulatory, and court approval; vote set for March 20.
• New Trading Symbols: KEEL on Nasdaq and Toronto Stock Exchange post-transition.
• Stock Performance: Shares surged 18% after the announcement, recovering from a previous drop.
• CEO Insights: “We are no longer a Bitcoin company,” says Ben Gagnon, emphasizing an infrastructure-first approach.

With a strong liquidity position of $698 million and a strategic focus on AI and HPC data centers, Bitfarms aims to reshape its future.

🔗 Join the conversation! What are your thoughts on this major shift? Share and connect!

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