Bitfarms Says 'GG' to Bitcoin: Dumping All 1,827 BTC for AI Data Centers

In a move that's sure to make ASICs weep into their cooling fans, Bitfarms is ditching the orange coin for something shinier: AI data centers. Because nothing says "future" like servers that don't mine blocks but definitely mine your data instead.

The Nasdaq-listed mining giant announced plans to sell its entire Bitcoin stash of 1,827 BTC as it pivots toward an AI-centric future. The company already started liquidating in 2025, netting a tidy $28.2 million profit. While the exact amount sold so far remains a mystery, the writing's on the wall: more BTC is heading for the exit, presumably to fund some very expensive GPUs with RGB lighting.

CEO Ben Gagnon put it plainly to CoinDesk: "In time, we will have no Bitcoin left." That's the kind of clarity we appreciate in this space—no rug pull, just a gentle wave goodbye while the music still plays. The plan? Sell during a major price surge while keeping mining operations running to maximize cash flow before offloading the mining equipment. It's a gradual liquidation, not a panic sell. It's more like a strategic breakup where you keep sleeping at your ex's place until the lease ends.

But wait, there's more. Shareholders gave the thumbs-up to relocate the company to the US and rebrand as Keel Infrastructure (KEEL). The ticker change goes live April 1, 2026—because nothing says "serious business pivot" like an April Fool's Day rebrand. We're sure that's just a coincidence and not the universe testing us.

*This is not investment advice.