Bitcoin miner Bitfarms (BITF) continued its exit from the bitcoin enterprise, confirming it has already begun promoting parts of its holdings, with plans to proceed doing in order it pivots towards AI infrastructure.
The corporate generated $28.2 million in realized features from bitcoin gross sales in 2025, signaling lively disposals through the 12 months. Whereas the corporate has not disclosed the precise variety of cash offered, administration made clear that additional gross sales are deliberate. In line with BitcoinTreasuries.web, Bitfarms at the moment holds 1,827 BTC.
“In time, we could have no bitcoin,” mentioned CEO Ben Gagnon on the corporate’s fourth-quarter earnings name Tuesday. He added that Bitfarms will promote bitcoin “opportunistically into power” and is continuous to run mining operations to “maximize free money movement earlier than promoting the miners.” The method factors to a gradual wind-down fairly than a right away liquidation.
The shift displays a broader pattern throughout the bitcoin mining sector, the place corporations are repurposing power infrastructure for high-performance computing and AI workloads. Bitfarms is advancing a 2.2 gigawatt improvement pipeline throughout North America and concentrating on AI-driven income starting in 2027, based on its 2025 full-year outcomes.
The corporate can be present process a structural shift, with shareholders approving a U.S. re-domiciliation and rebrand to Keel Infrastructure (KEEL), anticipated to shut round April 1, 2026, with shares set to commerce beneath the ticker KEEL.
BITF shares are increased by 4.6% on Tuesday alongside a normal rally within the AI infrastructure shares.
