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 positive aspects from bitcoin gross sales in 2025, signaling lively disposals in the course of the 12 months. Whereas the corporate has not disclosed the precise variety of cash bought, administration made clear that additional gross sales are deliberate. In keeping with BitcoinTreasuries.web, Bitfarms at present 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 energy” and is constant to run mining operations to “maximize free money movement earlier than promoting the miners.” The strategy factors to a gradual wind-down slightly than an instantaneous liquidation.
The shift displays a broader pattern throughout the bitcoin mining sector, the place firms are repurposing power infrastructure for high-performance computing and AI workloads. Bitfarms is advancing a 2.2 gigawatt growth pipeline throughout North America and focusing 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 underneath the ticker KEEL.
BITF shares are increased by 4.6% on Tuesday alongside a normal rally within the AI infrastructure shares.