TSX:BITFSoftware
Bitfarms (TSX:BITF) Is Up 11.7% After Pivoting From Bitcoin Mining To AI Infrastructure Development
Bitfarms has already secured a special exception permit from the Nesquehoning Planning Commission to build a two-phase AI and high-performance computing data center campus at the Panther Creek site in Pennsylvania, targeting more than 500 megawatts of capacity and nearly 300 local jobs.
At the same time, the company plans to redomicile to Delaware, rebrand as Keel Infrastructure, and exit bitcoin mining entirely, signaling a complete shift toward being a pure-play AI and HPC infrastructure...