In a decisive strategic shift, publicly traded Bitcoin miner Bitfarms is severing its ties with cryptocurrency to become Keel Infrastructure, a developer of high-performance computing and artificial intelligence data centers. The company’s planned move from Canada to the United States, pending a March 20 shareholder vote, has already catalyzed a 27% surge in its stock price, reflecting investor optimism for its pivot toward the burgeoning AI infrastructure sector.
about Bitfarms Rebrands to Keel Infrastructure, Shifts from Bitcoin to AI
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Bitfarms Sells Paraguay Mining Site for $30M, Exits Latin America
Bitfarms has agreed to divest its Paso Pe mining facility in Paraguay for up to $30 million, marking the company’s complete withdrawal from Latin America. This strategic exit is part of a broader pivot, as the Canadian crypto miner redirects capital toward developing high-performance computing and artificial intelligence infrastructure in North America, a move driven by shifting economics in Bitcoin mining and growing demand for AI capacity.
about Bitfarms Sells Paraguay Mining Site for $30M, Exits Latin AmericaJane Street Buys Bitcoin Mining Stocks, Shares Rally
Leading Bitcoin mining stocks surged after trading giant Jane Street disclosed significant positions in three major mining companies. The investments sparked a rally that extended through Friday, building on months of gains in the crypto mining sector. Regulatory filings revealed Jane Street now holds substantial passive stakes in Bitfarms, Cipher Mining, and Hut 8, triggering immediate stock price increases ranging from 8% to 13% on Thursday with continued momentum into Friday’s trading session.
about Jane Street Buys Bitcoin Mining Stocks, Shares Rally4 Stocks Surging on Quantum, AI & Green Energy News
Despite broader market pressures from earnings concerns, trade tensions, and rising oil prices, retail investors are aggressively accumulating positions in four specific stocks showing exceptional momentum. D-Wave Quantum leads the charge on potential government equity stakes in quantum computing, while Plug Power, Bitfarms, and Nokia gain traction from sector-specific catalysts in green energy, AI infrastructure, and cloud networking.
about 4 Stocks Surging on Quantum, AI & Green Energy NewsMarathon Buys 400 BTC Post-Crash as Miner Strategies Diverge
Marathon Digital Holdings (MARA) executed a strategic $46 million Bitcoin acquisition during October’s market downturn, purchasing 400 BTC while most miners remained defensive. This contrarian move expanded MARA’s Bitcoin treasury to 53,250 BTC valued at over $6 billion, highlighting how well-capitalized miners are exploiting market volatility while others face liquidity pressures. The acquisition reveals a fundamental divergence in mining company strategies as hashprice compression separates operators with strong balance sheets from those forced to monetize production.
about Marathon Buys 400 BTC Post-Crash as Miner Strategies DivergeBitcoin Miners Rally After Trump Trade War Confusion
Bitcoin mining stocks staged a remarkable recovery on Monday, erasing losses from Friday’s flash crash that was triggered by former President Donald Trump’s misinterpretation of China’s new export controls. The swift rebound saw leading miners like Bitfarms and Cipher Mining post double-digit gains as markets corrected what analysts described as an overreaction to Trump’s initial tariff announcement, which he later walked back after realizing his misunderstanding of the Chinese trade measures.
about Bitcoin Miners Rally After Trump Trade War ConfusionTop 5 Crypto Stocks to Watch: Robinhood, Bitfarms Lead
MarketBeat’s stock screener has identified five key cryptocurrency stocks that merit investor attention today, including Robinhood Markets, Bitfarms, Galaxy Digital, HIVE Digital Technologies, and Bitdeer Technologies Group. These companies represent diverse segments of the crypto ecosystem, from trading platforms to mining operations, offering investors targeted exposure to the growing digital asset sector without direct cryptocurrency ownership.
about Top 5 Crypto Stocks to Watch: Robinhood, Bitfarms LeadBitcoin Mining Stocks Surge 73-124% in September, Outpace BTC
Bitcoin mining stocks dramatically outperformed Bitcoin itself in September, with several major miners posting gains between 73% and 124%. This surge occurred despite ongoing pressure on mining economics and weaker on-chain activity. The divergence highlights growing investor interest in mining equities as leveraged plays on Bitcoin’s future.
about Bitcoin Mining Stocks Surge 73-124% in September, Outpace BTCCrypto Stocks Soar on Fed Dovish Signals, Ethereum ETFs Rebound
Federal Reserve Chair Jerome Powell’s dovish speech at Jackson Hole triggered a rally in crypto stocks, with Ethereum treasury companies and Bitcoin miners leading gains of 8-15%. While Bitcoin ETFs bled $1 billion over five days, Ethereum ETFs rebounded with $288 million in net inflows. Figure Technologies filed for an IPO, highlighting its dominance in tokenized private credit with over $16 billion in processed home loans. The market reaction reflects optimism around potential rate cuts, though analysts caution about underlying economic challenges including debt and inflation. Other developments include Nasdaq delisting Windtree Therapeutics and Bitdeer’s plans to manufacture mining rigs in the US.
about Crypto Stocks Soar on Fed Dovish Signals, Ethereum ETFs ReboundBitfarms Launches $49.9M Share Buyback Amid AI Shift
Bitfarms, a Bitcoin mining firm, has announced a share buyback program authorizing the repurchase of up to 49.9 million common shares (10% of its public float) over the next year. The move aligns with its strategic pivot to high-performance computing and AI infrastructure. The Toronto Stock Exchange (TSX) approved the buyback, which applies to both TSX and Nasdaq trading, with daily purchase limits set at 494,918 shares (25% of average daily volume) on TSX and a 5% cap on outstanding shares for Nasdaq repurchases. Following the announcement, Bitfarms’ Nasdaq-listed shares closed 16.8% higher.
about Bitfarms Launches $49.9M Share Buyback Amid AI ShiftBitfarms Stock Surges 14% After Share Buyback Announcement
Canadian Bitcoin miner Bitfarms announced a stock buyback program, authorizing the repurchase of up to 10% of its public float, worth approximately $64 million. The news drove its stock price up by nearly 14% on NASDAQ. CEO Ben Gagnon stated that the market undervalues Bitfarms’ Bitcoin operations and high-performance computing potential. The company recently acquired Stronghold Digital Mining as part of its expansion into AI, capitalizing on shared infrastructure needs between Bitcoin mining and AI data centers. Bitfarms operates 15 data centers across North and South America, positioning itself as a major player in the volatile Bitcoin mining industry.
about Bitfarms Stock Surges 14% After Share Buyback AnnouncementCrypto Mining Stocks Surge on Strong US Jobs Data
Crypto mining stocks experienced a significant rally this week, with companies like Riot Platforms, Hive Digital, Hut 8, MARA Holdings, and Bitfarms surging between 13% and 28%. The uptick followed a better-than-expected US nonfarm payrolls report, reinforcing hopes for a soft economic landing by the Federal Reserve. Though markets closed early on Thursday ahead of the Independence Day holiday, the strong jobs data fueled investor confidence, even as some mining stocks retraced gains later in the session. The rally highlights how macroeconomic indicators continue to influence crypto-related equities.
about Crypto Mining Stocks Surge on Strong US Jobs Data