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 positive aspects on Bitcoin gross sales in 2025, suggesting lively 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. Based on BitcoinTreasuries.web, Bitfarms presently holds 1,827 BTC.
“Ultimately Bitcoin will disappear,” CEO Ben Gagnon mentioned on Tuesday’s fourth-quarter earnings name. He added that Bitfarm continues to function its mining operations in an effort to promote Bitcoin “profitably” and “maximize free money stream earlier than promoting the miners.” This strategy suggests gradual winding down fairly than rapid liquidation.
This shift displays a broader development throughout the Bitcoin mining sector, the place corporations are repurposing power infrastructure for high-performance computing and AI workloads. Based on 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 US 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 normal rally in AI infrastructure shares.
