Episode Details

Bitfarms, a bitcoin miner, is selling off its bitcoin holdings to fund a shift towards AI data centers. The company plans to sell off its remaining 1,827 bitcoins gradually, aiming to go all-in on AI and high-performance computing. This strategic move is expected to generate revenue from AI starting in 2027. Bitfarms is building a 2.2 gigawatt pipeline of data centers in North America and plans to rebrand as Keel Infrastructure, with the ticker KEEL around April 1st. The companys shares surged 4.6% on Tuesday, reflecting Wall Streets positive response to this transformation.

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