Canada-based Bitfarms has recently made a significant change in its activities in the field of cryptocurrency mining. While the company disposes of some of the bitcoins it owns, it aims to further reduce the amount of coins in its possession. The management pointed out that this move is part of the transition process to artificial intelligence-based infrastructure investments.
Restructuring and sales process
Bitfarms has gradually put its bitcoin portfolio up for sale, especially in recent months. It generated an income of $28.2 million thanks to sales throughout 2025. The company’s management did not publicly disclose the amount of sales; However, he stated that the remaining coins will be evaluated at different price levels in the future.
The company’s CEO, Ben Gagnon, stated in the last balance sheet meeting that they do not plan to keep bitcoin within the company in the future. Gagnon stated that they adopted the idea of making sales at appropriate times and according to market conditions. He also added that they are focusing on optimizing the cash flow they will provide from their existing mining facilities.
CEO Ben Gagnon stated that the company is close to completely liquidating its bitcoin assets in the coming period and that market forces will be used in sales.
According to BitcoinTreasuries.net, Bitfarms currently holds 1,827 bitcoins. The company will continue to gradually release these assets to the market.
Transition to artificial intelligence and new brand
Bitfarms is focusing not only on the cryptocurrency industry but also on the use of energy infrastructure in high-performance computing and artificial intelligence applications. It is preparing to implement its new development portfolio of 2.2 gigawatts in different regions of North America. It is anticipated that the company will start generating revenue in this area from 2027.
This transformation also brought about radical changes in the structure of the company. Shareholders approved Bitfarms’ relocation to the US and rebranding to Keel Infrastructure. This change will be completed in early April 2026 and the shares will be traded under the ticker symbol KEEL.
This transition by Bitfarms draws attention at a time when cryptocurrency mining companies are increasingly shifting their focus to new technologies. Artificial intelligence and efficiency-focused investments have also entered the agenda of other companies taking similar steps in the sector.
BITF shares traded on the stock exchange gained value on days when interest in artificial intelligence infrastructure shares increased. On Tuesday, the company’s shares increased by approximately 4.6 percent.
