Bitcoin miner BitFarms (BITF) continues to withdraw from the Bitcoin enterprise, and has already begun promoting a few of its shares, confirming that it plans to proceed promoting whereas shifting its focus to AI infrastructure.
The corporate generated $28.2 million in realized beneficial properties on Bitcoin gross sales in 2025, suggesting energetic gross sales happened in the identical yr. Though the corporate has not disclosed the precise variety of cash offered, administration has revealed that additional gross sales are deliberate. In line with BitcoinTreasuries.web, Bitfarms at the moment holds 1,827 BTC.
“Ultimately Bitcoin will disappear,” CEO Ben Gagnon stated on Tuesday’s fourth-quarter earnings name. He added that Bitfarm continues to function its mining operations to be able to promote Bitcoin “profitably” and “maximize free money movement earlier than promoting the miners.” This strategy suggests gradual winding down reasonably than quick liquidation.
This shift displays a broader development throughout the Bitcoin mining sector, the place firms are repurposing vitality infrastructure for high-performance computing and AI workloads. In line with its 2025 full-year outcomes, BitFarms has a 2.2 GW improvement pipeline throughout North America and goals to generate AI income beginning in 2027.
The corporate can also be present process a structural transformation, with shareholders approving its re-domiciling to the USA and rebranding to Keel Infrastructure (KEEL), with the corporate anticipated to shut on or about April 1, 2026, with its shares anticipated to commerce underneath the ticker “KEEL.”
BITF inventory rose 4.6% on Tuesday, following a basic rally in AI infrastructure shares.
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