Overview
- Bitfarms, which told investors Tuesday it has begun selling holdings, plans to hold zero bitcoin over time and reports show roughly 1,800 to just under 2,500 coins remain.
- Shareholders approved a move to the United States and a new name, Keel Infrastructure, with the change expected to close around April 1 and the stock to trade under KEEL.
- The company is redirecting spending to a 2.2 gigawatt North American buildout for artificial intelligence and high‑performance computing, with leases targeted in 2026 and first sites set to start up in 2027.
- Pennsylvania leads the pipeline with Panther Creek and Scrubgrass, with Québec centered on a Sherbrooke campus and Washington focused on Moses Lake, which executives say is likely first.
- Management plans to fund projects through investment‑grade tenants and leases backed by credit guarantees rather than public markets, supported by about $520 million in liquidity and a recent $100 million debt repayment.