Canada's Bitfarms To Sell $123 Million Of Bitcoin Amid Crypto Exit [Yahoo! Finance]
Bitfarms Ltd. (BITF)
Company Research
Source: Yahoo! Finance
Canadian crypto miner Bitfarms (NASDAQ: $BITF) has announced plans to completely exit Bitcoin (CRYPTO: $BTC) as it pivots to focus exclusively on artificial intelligence (A.I.). The Toronto-based company says it is targeting having zero Bitcoin on its balance sheet as it leaves the cryptocurrency space for good. To that end, Bitfarms says that it has already begun selling portions of its BTC holdings, with plans to continue doing so in the coming weeks and months. More From Cryptoprowl: Ripple, The Company Behind XRP, Is Valued At $50 Billion Eightco Secures $125 Million Investment From Bitmine And ARK Invest, Shares Surge Blockchain Projects Decline 75% As Developers Shift To A.I. Stanley Druckenmiller Says Stablecoins Could Reshape Global Finance New York Stock Exchange Invests $600 Million In Polymarket The company generated $28.2 million U.S. in realized gains from Bitcoin sales in 2025, signaling active disposals during last year. While Bitfarms has not discl
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BITF
News
- Bitcoin Price Prediction as Companies Dump Their Bitcoin [Yahoo! Finance]Yahoo! Finance
- Bitcoin Miner Riot Platforms Sells Over $250 Million Worth of BTC [Yahoo! Finance]Yahoo! Finance
- Bitfarms Rebrands To Keel Infrastructure, But Financial Engineering Still Weighs [Seeking Alpha]Seeking Alpha
- Bitfarms Shares Jump Despite $285M Net Loss as Miner Expands AI Pivot [Yahoo! Finance]Yahoo! Finance
- Bitfarms Officially Rebrands as Keel Infrastructure; Completes U.S. RedomiciliationGlobeNewswire
BITF
Sec Filings
- 4/6/26 - Form 4
- 4/6/26 - Form 4
- 4/6/26 - Form 4
- BITF's page on the SEC website