Bitfarms shares surge after it ditches its 'bitcoin company' identity and doubles down on AI with U.S. move [Yahoo! Finance Canada]
Bitfarms Ltd. (BITF)
Company Research
Source: Yahoo! Finance Canada
will rebrand as Keel Infrastructure as part of its pivot from bitcoin mining (BTC) to data center development for high-performance computing (HPC) and artificial intelligence (AI) workloads. The redomiciling process, announced in a Friday press release , will be subject to shareholder, regulatory and court approvals. A shareholder vote is scheduled for March 20, and if approved, the company expects the transition to close by April 1. The new parent company, to be incorporated in Delaware, will trade on the Nasdaq and Toronto Stock Exchange under the symbol KEEL. Bitfarms' stock rose 18% following the news, erasing Thursday's 16% tumble as AI infrastructure and crypto stocks sold off. The rebrand and relocation follow a year-long strategic review by Bitfarms, which assessed market trends and investor sentiment, CEO Ben Gagnon said. The U.S. move will help the company access a broader pool of capital, simplify its corporate structure, and position it more directly in front of inst
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BITF
News
- Analysts Give Mixed Opinions on Bitfarms (BITF) Ratings [Yahoo! Finance Canada]Yahoo! Finance Canada
- Bitfarms shares surge after it ditches its 'bitcoin company' identity and doubles down on AI with U.S. move [Yahoo! Finance]Yahoo! Finance
- Analysts Give Mixed Opinions on Bitfarms (BITF) Ratings [Yahoo! Finance]Yahoo! Finance
- Bitfarms Plans to Redomicile to the U.S. from Canada [Yahoo! Finance]Yahoo! Finance
- Bitfarms Announces U.S. Redomiciliation Plan and Intent to Rebrand as Keel InfrastructureGlobeNewswire
BITF
Sec Filings
- 2/6/26 - Form 6-K
- 2/6/26 - Form 6-K
- 1/14/26 - Form 6-K
- BITF's page on the SEC website