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Bitfarms plans $161 mn Bitcoin sale to fund AI pivot deal
short by / on Tuesday, 31 March, 2026
Bitfarms is rebranding as Keel Infrastructure, pivoting from Bitcoin mining to AI infrastructure. It will sell $161 million in Bitcoin to fund the transition. The company will relocate its HQ to NYC and trade under "KEEL" upon shareholder approval. This shift targets high-performance computing demand. BITF stock rose over 4% early Tuesday.
read more at Stocktwits