Bitfarms, formerly known as Bitfarms Blockchain Farm, is actively selling its bitcoin holdings and pivoting towards artificial intelligence (AI) infrastructure. CEO Ben Gagnon stated, 'We will have no bitcoin.' The company plans to develop a 2.2 GW AI data center pipeline, with the shift expected to begin generating revenue in 2027. Bitfarms is also rebranding to Keel Infrastructure, set to trade under the ticker KEEL.
BITF shares rose 4.6% following this announcement, reflecting a broader AI infrastructure stock rally.