TSX:BITFSoftware
Bitfarms Rebrands As Keel Infrastructure In Pivot Toward AI And HPC
Bitfarms, listed as TSX:BITF, plans to redomicile from Canada to the United States and rebrand as Keel Infrastructure.
The company intends to shift its primary focus from bitcoin mining to artificial intelligence and high performance computing infrastructure.
The proposal is pending shareholder approval and is targeted for completion in the near term.
Bitfarms enters this transition with a CA$2.33 share price and a mixed return profile, including a 14.2% gain over the past year but declines...