Bitfarms Pivots to AI, Sells Bitcoin Holdings

Bitfarms is strategically divesting its Bitcoin holdings, aiming for zero BTC on its balance sheet as it transitions towards AI-focused data centers. The company generated significant realized gains from Bitcoin sales in 2025 and plans further opportunistic sales to fund its pivot. This strategic shift aligns with a broader industry trend of repurposing energy infrastructure for high-performance computing and AI workloads. Bitfarms is developing a substantial 2.2 GW pipeline for AI and HPC data centers, with AI-driven revenue anticipated to begin in 2027. The company is also undergoing a rebrand and re-domiciliation to Keel Infrastructure.