Bitfarms has announced its financial results for the fiscal year 2025, reporting a revenue of $229 million, marking a 72% increase from the previous year. As of March 27, the company holds approximately $520 million in cash and Bitcoin, with $359 million in cash and $161 million in unpledged Bitcoin. Bitfarms is advancing its 2.2 GW data infrastructure development pipeline in North America, focusing on Pennsylvania, Washington, and Quebec. Shareholders have approved the company's re-domiciliation from Canada to the United States, with a rebranding to Keel Infrastructure expected to be completed by April 1. The stock ticker will change from BITF to KEEL. Bitfarms is transitioning from Bitcoin mining to high-performance computing and AI data center infrastructure.
Bitfarms Reports $229 Million Revenue for FY 2025, Plans Rebranding
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