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 good points on Bitcoin gross sales in 2025, suggesting energetic gross sales occurred in the identical 12 months. Though the corporate has not disclosed the precise variety of cash bought, administration has revealed that additional gross sales are deliberate. In keeping with BitcoinTreasuries.web, Bitfarms at present holds 1,827 BTC.
“Ultimately Bitcoin will disappear,” CEO Ben Gagnon mentioned on Tuesday's fourth-quarter earnings name. He added that BitFarm sells Bitcoin “profitably” and continues its mining operations to “maximize free money move earlier than promoting the miners.” This strategy suggests gradual winding down relatively 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 keeping with its 2025 full-year outcomes, BitFarms has a 2.2 GW growth 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 america and rebranding to Keel Infrastructure (KEEL), with the corporate anticipated to shut on or about April 1, 2026, with its shares anticipated to commerce beneath the ticker “KEEL.”
BITF inventory rose 4.6% on Tuesday, following a common rally in AI infrastructure shares.
