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BREAKING: Bitfarms Plans to SELL ALL Bitcoin - Pivots 100% to AI
Bitfarms ( $BITF ), one of the largest public $BTC miners, confirmed plans to exit Bitcoin entirely.
Key Facts:
→ Still holds 1,827 BTC (~$161M), all marked for sale
→ Already booked $28.2M in #BTC sale gains in 2025
→ Rebranding to "Keel Infrastructure" (ticker: KEEL)
→ Building 2.2 GW AI & HPC data center pipeline
→ $520M Balance Sheet to fund AI transition
→ FY2025 revenue: $229M (+72% YoY)
→ Shareholders approved rebrand with 99.3% votes
CEO Ben Gagnon: "We are no longer a Bitcoin company."