Bitfarms plans to liquidate all Bitcoin on its balance sheet and fully shift toward AI infrastructure

金色财经_ · 2026-04-01T00:35:15+00:00

Bitfarms announces it will sell all Bitcoin holdings, with the CEO stating that sales will be made opportunistically to maximize cash flow. The company is also advancing AI data center development, aiming to generate revenue by 2027, and has received shareholder approval to relocate to the United States and rebrand as Keel Infrastructure.

金色财经_

2026-04-01 00:35:15

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Golden Finance reports that on April 1, at the Q4 earnings call, Bitcoin miner Bitfarms (BITF) confirmed that the company has begun selling the Bitcoin it holds and plans to continue selling until its Bitcoin holdings on the balance sheet are ultimately reduced to zero. CEO Ben Gagnon said the company will “sell Bitcoin opportunistically when the market strengthens,” while continuing to operate its mining business to “maximize free cash flow before selling the mining equipment.” According to data from BitcoinTreasuries.net, Bitfarms currently still holds 1,827 BTC and generated a $28.2 million gain in 2025 through the sale of Bitcoin.
Bitfarms is moving forward with a 2.2 gigawatt AI and high-performance computing data center development pipeline, targeting the start of AI-driven revenue in 2027. The company’s shareholders have approved relocating its place of incorporation to the United States and changing its name to Keel Infrastructure (KEEL). It is expected to be completed around April 1, 2026, at which point the stock will trade under the code KEEL. On Tuesday, the BITF share price rose 4.6%.

BTC2.44%

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