Bitfarms Says 'GTFO' to Bitcoin: Dumping 1,827 BTC to Ride the AI Hype Train

Bitcoin miner Bitfarms (BITF) is officially done with the orange coin. The company confirmed it has already begun selling portions of its bitcoin holdings and plans to continue dumping them as it pivots toward AI infrastructure. In 2025, Bitfarms generated $28.2 million in realized gains from bitcoin sales—because nothing says "we're serious about AI" like cashing out on BTC while the getting is good. Apparently, HODLing was so 2023, and these days the real treasure isn't digital gold—it's data centers humming with GPU warmth and the sweet, sweet smell of AI infrastructure contracts.

The company hasn't disclosed exactly how many coins have been sold, but management has been crystal clear: more sales are coming. According to BitcoinTreasuries.net, Bitfarms currently holds 1,827 BTC. CEO Ben Gagnon dropped the mic on the company's fourth-quarter earnings call: "In time, we will have no bitcoin." He added that Bitfarms will sell bitcoin "opportunistically into strength" and is continuing to run mining operations to "maximize free cash flow before selling the miners." So it's a gradual wind-down, not a fire sale—yet. Classic miner behavior: squeeze every last hash out of the old rig before pivoting to the next shiny thing. Loyalty is temporary, but quarterly earnings calls are forever.

This pivot is part of a broader trend in the bitcoin mining sector, where companies are realizing that AI infrastructure might be the hotter play. Bitfarms is pushing a 2.2 gigawatt development pipeline across North America and is targeting AI-driven revenue starting in 2027. The company is also undergoing a structural glow-up, with shareholders approving a U.S. re-domic